StonePoint Materials acquires Standard Gravel

StonePoint Materials purchased Standard Gravel Co., a producer of sand and gravel serving eastern Louisiana and southern Mississippi from four active mine sites.

The acquisition will complement and expand Southern Aggregates, a subsidiary of StonePoint and the largest sand and gravel producer in Louisiana.

In addition, Spencer Green, the great-grandson of Standard Gravel’s founder, will join Southern Aggregates.

“We are thrilled to welcome Standard Gravel, Spencer and his team as StonePoint continues to execute its strategy of acquiring well-run operations in high-growth areas,” says Colin Oerton, CEO of StonePoint Materials. “We look forward to continuing to provide Standard’s customers with the highest level of material and service while expanding Southern’s reach further east into Mississippi.”

StonePoint Materials is a producer of crushed stone, sand and gravel serving end markets, including commercial and residential construction, energy and infrastructure. The company produces about 9 million tons of aggregate each year while operating several subsidiaries across nine states.