Sources: SRM Concrete LLC, Murfreesboro, Tenn.; CP staff SRM Concrete has emerged as Texas’ largest ready mixed producer after a deal for 82 plants and 11 volumetric mixer loading sites from Vulcan Materials Co., which inherited the bulk of the properties in its 2021 U.S. Concrete Inc. takeover. The transaction is the parties’ second of the year, which opened with…
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Producers – October 2023
CarbonBuilt ultra-low carbon concrete was recognized in the Circular Design, Materials and Sustainability Categories of the Fast Company Innovation by Design 2023 awards. The Los Angeles company’s core technology equips concrete producers to replace portland cement with a lower cost, low-carbon alternative, then capture and use carbon dioxide to produce blocks that have one quarter or less the embodied carbon…
Read MorePRODUCERS – September 2023
Maryland-based Chaney Enterprises has put an exclamation point in recent years’ Virginia market expansion with the acquisition of 10 ready mixed plants from Charlottesville’s Allied Concrete Co., a family-owned operator nearing 80 years in business. Allied Concrete President Ted Knight will continue to lead the plants, while his former colleagues retain namesake concrete block and Valley Building Supply businesses in…
Read MoreSRM Concrete runs the length of Ohio with HGE acquisition
Sources: SRM Concrete, Murfreesboro, Tenn.; CP supply SRM Concrete has closed on HGE Concrete Supply of Cleveland, Ohio, whose assets include a ready mixed plant in Walton Hills, south of the city. The deal positions SRM Concrete with 17 ready mixed plants in the Buckeye State, from Cincinnati to Cleveland. “We are thrilled to welcome the HGE team into the…
Read MoreProducers – August 2023
San Antonio-based Solidia Technologies has enlisted Pathfinder Systems to deliver a customized Tiger Machine model for a dry-cast concrete production facility under construction at Alamo Junction in Elmendorf, Texas. Scheduled for a Q3 2024 start up, the operation will bring to commercial scale Solidia material and process developments in carbon dioxide utilization and emissions elimination. Beyond supplying and installing product…
Read MoreSRM adds Georgia Concrete Supply plant
Sources: SRM Concrete, Smyrna, Tenn.; CP staff SRM Concrete has acquired Georgia Concrete Supply of Dawsonville. The deal includes one ready mixed plant, joining 16 others plus a block operation and quarry that SRM runs in the north Georgia region. The transaction adds to a payroll approaching 7,000 across concrete, aggregate and cement distribution sites in 19 states. “We are…
Read MoreSRM Cement Division adds 50,000-ton terminal close to home
Hollingshead Cement, a division of rapid growth Tennessee 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 to servicing our own cement needs…
Read MoreSRM cement division opens 50,000-ton Tennessee terminal
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 MoreSRM 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…
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