U.S. Concrete acquires Leon River Aggregate Materials

By |  September 10, 2018

Sandbrook

U.S. Concrete expanded its aggregate business in Texas with the acquisition of Leon River Aggregate Materials, a sand and gravel producer based in Proctor, Texas.

The acquisition adds more than 400 acres of land with reserves to the company’s operations, as well as a state-of-the-art processing plant to achieve the highest efficiencies.

In addition, U.S. Concrete completed the divestiture of its Dallas-Fort Worth area lime operations to Lhoist North America, which includes two fixed plants, lime tankers and raw material tankers.

“We are excited to strengthen our aggregate operations in West Texas and to use the processing facility to produce high-quality materials that will be used in many of the market’s ongoing and planned construction projects,” says Bill Sandbrook, chairman, president and CEO of U.S. Concrete. “The lime divestiture gives us the ability to further our strategic focus of optimizing our portfolio of assets and allocating money directly to growing our aggregates business while concurrently improving our balance sheet by reducing debt.”

About the Author:

Kevin Yanik is the editor-in-chief of Pit & Quarry magazine. Yanik can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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