Sources: Burnco Rock Products Ltd., Calgary; CP staff
Burnco has closed on Bestway Concrete Co., serving metro Denver and northern Colorado from nine ready mixed and four aggregate plants, with a payroll of 200-plus. The deal brings Burnco, presently under management of the fourth generation of the founder Johns Burns’ family, into a second U.S. market. The producer first branched out from Alberta to Dallas-Ft. Worth, where Burnco Texas LLC runs one aggregate and six ready mixed operations.
“The combination of Burnco and Bestway will create a stronger company, with an exciting future. We are also excited to be expanding into the vibrant Colorado economy, where we see tremendous growth potential,” says Burnco CEO Michael Powell.
The Bestway management team has agreed to remain with the business, adds Burnco USA Vice President Clifford Hahne. “Bestway will continue to deliver the same quality products, exceptional service and great value,” he affirms. “[It] will still be locally managed, providing continuity as well as ensuring, our long term success.”