Jun 3 2015
U.S. Concrete, Inc. announced today that it has acquired the assets of DuBrook Concrete, Inc. ("DuBrook"), in Chantilly, VA., located within the greater Washington, D.C. metropolitan area.
Dubrook manufactures and delivers ready-mixed concrete in the northern Virginia market through its three ready-mixed concrete batch plants and fleet of 42 mixer trucks. The addition of DuBrook significantly increases U.S. Concrete's service footprint throughout the Washington, D.C. metropolitan area.
"We are pleased to complete this acquisition within one of our targeted growth regions with strong expected future demand," said U.S. Concrete President and CEO, William J. Sandbrook. "DuBrook is a great complement to our existing operations and further strengthens our local customer relationships by providing a more robust service footprint. We expect this transaction to be immediately accretive to our business as we integrate DuBrook's operations into our platform and capitalize on the growing commercial and residential project opportunities in the Washington, D.C. metropolitan area."
About U.S. Concrete, Inc.
U.S. Concrete, Inc. (the "Company" or U.S. Concrete) serves the construction industry in several major markets in the United States through its two business segments: ready-mixed concrete and aggregate products. The Company has 140 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities, and 10 producing aggregates facilities. During 2014, U.S. Concrete sold approximately 5.7 million cubic yards of ready-mixed concrete and approximately 4.7 million tons of aggregates. For more information on U.S. Concrete, visit www.us-concrete.com.
Source: http://us-concrete.com/