Sources: Texas Industries Inc., Trinity Industries Inc.; CP staff
An agreement between two of Texas’ biggest ready mixed concrete operators befits the Lone Star State in scope and strategy: TXI is shedding lightweight aggregate plants in Texas, Colorado and California for 42 ready mixed production and two aggregate distribution sites spanning east Texas and parts of Arkansas, all under Trinity subsidiary Transit Mix Concrete & Materials. The deal positions TXI with 106 ready mixed plants, approximately 3.5 million yards’ production (2012 estimate), and a fleet of 500-plus mixers.
Read More