Sources: Vulcan Materials Co., Birmingham, Ala.; CP staff
Vulcan Materials has entered a definitive agreement to acquire Superior Ready Mix Concrete L.P. of Escondido, Calif. The transaction spans 13 ready mixed and two asphalt plants, plus six aggregates operations adding more than 50 years of quality reserves to Vulcan’s California franchise.
“Since its beginnings in 1958, Superior has had an unwavering commitment to excellence and a long and successful track record of providing high quality products and services,” says Vulcan Chaiman Tom Hill. “Our continuous improvement culture is about making the best even better, and we look forward to working with the Superior team to do just that.”
“This acquisition is consistent with our aggregates-led growth strategy of continuing to expand our reach to better serve attractive regions in the United States,” he adds. “Our Vulcan Way of Selling and Vulcan Way of Operating disciplines remain fundamental to consistently compounding profitability across our franchise and successfully integrating new operations.”
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