Sources: Chaney Enterprises, Gambrills, Md.; CP staff
Chaney Enterprises is extending its Virginia footprint south and east, into the Hampton Roads market, with the acquisition of Chesapeake, Exmore and Tasley ready mixed concrete plants, plus the Chesapeake Barge Terminal, from Branscome Inc. of Williamsburg, Va. Also known as the Branscome Dominion Yard, the terminal serves as a gateway for delivery of construction materials to the lower Chesapeake and Virginia Beach region, particularly C33 concrete sand. Dominion Yard becomes the third Chaney Enterprises transportation hub, alongside the Sussex Barge and Waldorf Rail Terminals in Delaware and Maryland.
“We are extremely happy to officially join the Norfolk, Chesapeake, and Virginia Shore markets. Bringing them excellent products and services is a major milestone for a family-owned business that is getting ready to celebrate our 60th year in operation in January 2022. We would like to thank our phenomenal team for their efforts to guide, build and grow Chaney Enterprises with their passion and commitment,” says CEO Francis “Hall” Chaney, III.
The Branscome assets mark Chaney Enterprises’ sixth Virginia market move. They follow closely on announcement of the producer’s first affiliate company, Clarksville ready mixed operator Felton Brothers, plus the October 2020 acquisition of Richmond concrete and sand & gravel supplier GreenRock Materials.