Alcrete Industries closes on Cape Fear Precast

Sources: Alcrete Industries LLC, Pell City, Ala.; CP staff

Alcrete Industries, a specialist in drainage and other underground concrete structures, has acquired Cape Fear Precast LLC, which operates a National Precast Concrete Association-Certified plant on a 20-acre Jacksonville, N.C. site and has served parts of the Carolinas since 2000.

“This will allow us to better serve customers with an expanded product portfolio,” says Alcrete CEO Justin Norma. “Additionally, the expansion into the North Carolina market is a key strategic growth initiative for our company. We welcome the Cape Fear Precast employees to the Alcrete team.”

“We are excited to join forces with a company that shares our commitment to providing high-quality precast concrete products and services,” adds Cape Fear Precast co-owner Tom Krakauskas.