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.
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Texas producers lead the way
Management and staff optimism resonated in recent visits to Texas precast/prestressed producers, old and new alike. As with many of their neighbors and peer operators, they find much to like about their home turf these days: Business-friendly government, strong investment in public and private transportation infrastructure, plus healthy commercial and residential building levels.
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