AmeriTex strengthens drainage market stake with $155M credit facility

Sources: AmeriTex Holdings LLC, Seguin, Texas; CP staff The Lone Star State’s top concrete pipe, box culvert and precast concrete drainage structures producer recently closed a $155 million credit facility with Bank of America to combine with  $530 million in senior notes raised with BofA Securites in October 2023. The financing leeway positions AmeriTex to grow capacity and product offerings for…

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Besser integrates AMG box culvert equipment offerings

Since acquiring the AMG Rubber Gasketed Adjustable Box Culvert equipment more than a year ago, Besser Co. has been assisting precast producers across North America in lowering the costs and increasing the efficiency of box fabrication. The Besser/AMG equipment line provides ease of adjustment to seamlessly produce box culverts in a multitude of sizes, each exceeding market quality targets. The unique production method eliminates the need for continuous purchasing and storage of multiple, excess box forms.

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