Source: Hollingshead Cement, Smyrna, Tenn.; CP staff Hollingshead Cement, a division of rapid growth operator SRM Concrete, has secured cement supplies for ready mixed plants throughout its headquarters region with the opening of a 50,000-ton Nashville terminal. Located on a site along the Cumberland River, the facility is equipped for barge unloading and two-lane tanker transfer. “We are looking forward…
Read MoreTag: SRM Concrete
SRM Concrete barrels into the Big Apple with USC-Atlantic/Vulcan deal
Tennessee-based SRM Concrete LLC capped a watershed year in December, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market share it entails, the transaction likely becomes the largest transfer ever of concrete production and delivery capacity in a major…
Read MoreTopping the 2023 radar
Major industry developments last year did not match the eventful 2021, when a dealmaking flourish put leading admixture, plant equipment and ready mixed or manufactured concrete brands or market stakes on track to change hands. But 2022 served up its share of surprises. A review of the year’s most impactful content from these pages and our companion Concrete Currents weekly…
Read MoreSRM Concrete commands Metro NY market with USC-Atlantic/Vulcan deal
Sources: SRM Concrete LLC, Smyrna, Tenn.; CP staff SRM Concrete has put an exclamation mark on a watershed year, closing a deal with Vulcan Materials Co. for 28 USC-Atlantic LLC ready mixed plants in New York, New Jersey and Pennsylvania. Based on the Big Apple and Garden State market footprint it entails, the transaction stands to be the largest transfer…
Read MorePRODUCERS – June 2022
Holcim Ltd. has acquired Cajun Ready Mix Concrete, which leads the Baton Rouge, La. market with eight plants and 51-mixer truck fleet. The business is strategic to Lafarge ready mixed operations in New Orleans and becomes the latest bolt-on under Holcim’s Aggregates & Construction Materials U.S. umbrella. “This acquisition expands our footprint in the dynamic Baton Rouge market, confirming our…
Read MoreSRM Concrete adds Florida cement hauler Young Trucking
Sources: SRM Concrete, Murfreesboro, Tenn.; CP staff SRM Concrete has acquired Young Trucking, the largest bulk cement transporter in southwest Florida. The transaction is the second in cement distribution for SRM Concrete, which in March acquired Pyles Transport of Tennessee. The Young fleet is positioned to supply 10 SRM Concrete ready mixed plants serving Gulf Coast markets from Port Charlotte…
Read MoreSRM closes Q1 with Martin Marietta, Argos, Charley’s deals
Smyrna Ready Mix Concrete LLC of Murfreesboro, Tenn. opened 2022 Q2 confirming the acquisition of 67 ready mixed plants in five states. The largest of four announced transactions netted 37 central Texas, Colorado and Wyoming sites from Martin Marietta Materials, which had indicated an asset sale agreement with SRM Concrete in mid-March. SRM Concrete has also acquired 18 North Carolina…
Read MoreMartin Marietta, Argos, Charley’s deals close SRM Concrete’s robust Q1
Sources: Smyrna Ready Mix Concrete LLC, Murfreesboro, Tenn.; CP staff SRM Concrete opened the second quarter confirming the acquisition of 67 ready mixed plants in five states. The largest of four transactions announced April 1 netted 37 central Texas, Colorado and Wyoming sites from Martin Marietta Materials, which had indicated an asset sale agreement with SRM Concrete in mid-March. SRM…
Read MoreMartin Marietta, SRM Concrete ink Colorado, Texas plant deal
Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials projects a March 31 closing for the sale of an unspecified number of central Texas and Colorado ready mixed concrete operations to Smyrna Ready Mix Concrete LLC. Martin Marietta has legacy ready mixed plants in San Antonio, with additional central Texas sites added in 2014 as part of…
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