Cement News tagged under: US Concrete

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Vulcan Materials Co to acquire US Concrete

08 June 2021, Published under Cement News

Vulcan Materials Co   and US Concrete Inc have entered into a definitive merger agreement. Vulcan will acquire all of the issued and outstanding shares of US Concrete common stock for a purchase price of US$74/share in cash, which represents a total equity value of US$1.294bn. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close in the second half of 2021, subject to US Concrete shareholder approval, regulatory clearance, and oth...

US Concrete acquires aggregates operation in New Jersey

11 April 2017, Published under Cement News

US Concrete Inc announced yesterday that it has strengthened its aggregates capacity and ability to supply its New York City ready-mixed concrete operations by acquiring the assets of Corbett Aggregates Companies LLC, a provider of concrete sand located in Quinton, New Jersey. The acquisition furthers US Concrete's vertical integration strategy and self-sufficiency in internal aggregates consumption, the company noted. Corbett features approximately 401 acres of land with over 35Mt of pr...

US Concrete continues expansion in New York Metropolitan area

01 March 2016, Published under Cement News

US Concrete, Inc announced yesterday that it has acquired the assets of Greco Brothers Concrete of LI, Inc (Greco), a ready-mixed concrete producer located in Brooklyn, NY. Greco currently operates two ready-mixed concrete plants and a fleet of 37 mixer trucks. The assets of Greco will be integrated into US Concrete’s existing New York operation, Ferrara Bros, LLC (Ferrara Bros).   Greco has an established and respected market presence in the New York metropolitan area with approximately 60 ...