Source: Foley Products Co. LLC, Columbus, Ga. A key player in Southeast drainage construction markets, Foley Products plans to resume operations in July at a previously dormant Waco, Ga. concrete pipe, box culvert, manhole, vault and specialty structures plant. The facility is projected to add 100,000-plus tons’ capacity in the long term, serve primarily Georgia and Alabama accounts, and bring…
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Summit Materials has acquired Metro Ready Mix in Salt Lake City, along with Price Construction Co., a west Texas aggregates and asphalt producer and contractor and Mertens Construction Co., a central Missouri aggregates producer. At $120 million combined, the early-2018 deals strengthen the integrated producer’s platform businesses Kilgore Cos., West Valley City, Utah; Troy Vines Inc., Midland, Texas; and, ConAgg of Missouri.
Read MoreSources: Forterra Inc., Irving, Texas; CP staff
In a deal with Columbus, Ga.-based concrete pipe and drainage structures operator Foley Products Co., Forterra has exchanged Alabama, Georgia and Tennessee plants for similar Mississippi and Texas assets plus $10 million in cash. The transaction reflects what Forterra notes is a continued focus on portfolio management to deliver long-term value by enhancing the company’s position in well-structured markets.
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