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Fri January 19 2018

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News » US » US Concrete expands with NY acquisition » published 11 Jan 2018

US Concrete expands with NY acquisition

US Concrete has bought the assets of a ready-mix concrete producer based in New York.

On Time Ready Mix serves the mid- to high-rise commercial and residential segments, primarily in Queens.

The acquisition is seen as expanding and strengthening US Concrete's position in a market currently served by USC-Kings, allowing the company to compete more effectively for non-union projects.

"This acquisition demonstrates our commitment to investing in growth segments throughout our business and is key to the future of our very active market recovery operations," said US Concrete President, CEO and Vice Chairman, William J Sandbrook. "Integrating ready-mixed concrete producers means finding successful businesses to serve the right markets for growth. Our ability to create cost-saving, streamlined operations will enhance our customer experience and ensure Kings' continued success. I am excited to welcome the On Time employees to the U.S. Concrete family."

 

 

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This article was published on 11 Jan 2018 (last updated on 11 Jan 2018).

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