Sources: SRM Concrete, Smyrna, Tenn.; CP staff SRM Concrete has extended its northeast Ohio footprint, acquiring Rockport Ready Mix in Cleveland. The producer entered the market last year with the acquisition of HGE Concrete Supply, also of Cleveland. That led to deals for the ready mixed production and aggregate distribution assets of R.W. Sidley Inc., Painesville, plus Liberty Redi Mix,…
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Fairmount RM guides SRM Concrete into Land of Lincoln
Sources: SRM Concrete, Smyrna, Tenn.; CP staff SRM Concrete has acquired Fairmount Redi-Mix, a single-plant operator in Fairmount, Ill. “We look forward to batching concrete with our new team members, building on the strong foundation they have established and serving the Fairmount community with excellence,” says SRM Concrete CEO Jeff Hollingshead. Fairmount Redi-Mix is the producer’s first site in Illinois,…
Read MoreSRM Concrete banks R.W. Sidley assets, Cheboygan Cement and Tri-County Stone
Tennessee-based SRM Concrete wrapped up another banner year of growth in 2023 with a significant extension of its Ohio market footprint, acquiring one block and 11 ready mixed plants, plus two aggregate docks, from R.W. Sidley Inc., based in Painesville. Concurrently, SRM announced an Elyria Concrete Inc. asset deal netting a ready mixed plant in Castalia, Ohio. The transactions position…
Read MoreSecond Vulcan Materials deal nets SRM Concrete 93 Texas operations
Tennessee-based SRM Concrete LLC has become the Lone Star State’s largest ready mixed producer after closing on 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. Last month’s transaction is the parties’ second of the year, which opened with SRM relieving Vulcan of…
Read MoreMartin Marietta assets perfect CRH Americas’ Texas integration model
CRH Americas Materials will add more than 2 million tons of cement production capacity and 1.5 million yd. of ready mixed concrete volume annually under a Texas asset agreement with Martin Marietta Materials Inc. The producers anticipate a Q1/Q2 2024 closing on the $2.1 billion deal, which spans Martin Marietta’s Hunter cement plant in New Braunfels, Gulf Coast terminals, and…
Read MoreSRM adds R.W. Sidley RM assets, Cheboygan Cement, Tri-County Stone
Sources: SRM Concrete, Murfreesboro, Tenn.; CP staff SRM Concrete has significantly extended its Ohio market footprint with a deal involving one block and 11 ready mixed plants, plus two aggregate docks, from R.W. Sidley Inc., based in Painesville. Concurrently, SRM announced an Elyria Concrete Inc. asset deal netting a ready mixed plant in Castalia, Ohio. The transactions position the producer…
Read MoreSRM acquires Vulcan Materials’ Texas ready mixed, volumetric sites
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…
Read MoreProducers – 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…
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