Sources: U.S. Concrete Inc., Euless, Texas; CP staff
U.S. Concrete has strengthened its West Region ready mixed operations through the acquisition of a cementitious materials terminal, bulk storage facility, and eight-acre parcel with access to the Port of Stockton, Calif. Port officials note that the previous owner, George Weinberger Properties, had leased the site to Boral Resources.
“This provides better control of our supply chain,” says U.S. Concrete CEO Ronnie Pruitt. “With the supply of our Orca aggregates through existing Polaris terminal operations and now the addition of cementitious materials, we are building sourcing options into [the San Francisco Bay Area] market, which will improve margins over the long-term while successfully fulfilling strategic growth initiatives.”
In mid-March, the producer closed on 1,500-plus acres and an underlying royalty agreement associated with the Orca Quarry on Vancouver Island, British Columbia—the principal asset of Polaris Materials, a subsidiary acquired in 2017. The glacial deposit supplies premium, namesake sand & gravel to one southern California and two Bay Area terminals. A Port of Oakland terminal, presently at permitting stage, will afford U.S. Concrete a third Orca aggregate distribution point in northern California.