Chaney has acquired the remaining stake in Rowe Materials, a Fredericksburg, Va., ready mixed producer with whom it has been in partnership since 1995
Source: Chaney Enterprises, Waldorf, Md.
Chaney has acquired the remaining stake in Rowe Materials, a Fredericksburg, Va., ready mixed producer with whom it has been in partnership since 1995. The transaction includes four Virginia ready mixed plants, plus a building material supply outlet near headquarters, and positions the buyer to serve a market area from Ocean City, Md., to Orange, Va., through 15 locations.
Chaney Sales Manager Jeff Slagle has been named general manager of Rowe Materials, a brand that will be maintained. Chaney Enterprises is committed to provide customers in Virginia with the same best people, finest products and accurate [delivery] information as it has for Maryland, affirms Slagle, who joined the company as a sales trainee in 1994 and proceeded to become its top salesman. Among near-term integration efforts, he adds, Rowe plants are scheduled to join the flagship’s recently installed, GPS-enabled dispatch platform.