Sources: U.S. Concrete Inc., Euless, Texas; CP staff
U.S. Concrete’s NorCal Materials Inc. subsidiary has closed on the assets of independent producers Harbor Ready-Mix and A-1 Materials Inc., which serve residential and commercial accounts in the Peninsula and South Bay areas of San Francisco. The deal brings two concrete batch plants and 23 mixer trucks, plus the assets of L.C. Frey Co., a landscape materials business tied to A-1.
The plants afford U.S. Concrete increased capacity in northern California. “Expanding our presence and diversifying our customer base in this vibrant and growing market is very exciting,” says U.S. Concrete CEO William Sandbrook. “Pent-up demand from recent weather delays and a significantly undersupplied residential housing market will allow us to gain immediate traction.”
U.S. Concrete lands key aggregates assets, upping the Vulcan ante for Polaris