U.S. Concrete awarded permit to import more aggregate into California

By |  September 6, 2018

U.S. Concrete and its subsidiary, Polaris Materials, obtained the permits necessary to increase the volume of aggregate imports at its terminal in Long Beach, California.

Polaris will now be able to deliver up to 2 million tons of aggregate each year, effectively doubling its throughput capacity, the company says.

“We are very pleased to be able to expand the aggregates throughput at our Long Beach terminal, especially at a point in time where the demand for these materials in Southern California is at an all-time high,” says Bill Sandbrook, chairman, president and CEO of U.S. Concrete. “Our intention was for the Polaris acquisition to grow its aggregates volumes to provide our shareholders with both immediate and long-term value. The permit helps with these objectives, while also positioning our company to benefit from the anticipated tailwinds for the market, including the 2028 Olympics in Los Angeles.”

U.S. Concrete acquired Polaris Materials in November 2017.

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