Sources: Chaney Enterprises, Gambrills, Md.; CP staff
Chaney Enterprises has acquired the assets of a Holcim US ready mixed concrete plant in Joppatowne, Md. and retained front line employees. The location stretches the producer’s service market up the Interstate 95 corridor north of Baltimore. It also coincides with a Virginia market expansion, which has seen Chaney Enterprises acquire three ready mixed operators and build two greenfield concrete plants since 2020, plus an early-2023 North Carolina market entry.
“This new [Maryland] site will grow our area of impact to our furthest point north. We are excited with the addition of new team members, getting to know the local customers, and servicing our existing relationships in new regions,” says CEO Francis Hall Chaney, III.