U.S. Concrete, Inc. announced that its wholly owned subsidiary, Ingram Concrete, LLC, has acquired the ready-mix assets of T&S Ventures, LLC,headquartered in Sweetwater, Texas.
U.S. Concrete's bolt-on acquisition strategy is dependent on finding strong businesses that are well located in areas of above-average growth. This acquisition is an example of the strategy and reinforces U.S. Concrete's commitment to the robust Texas construction market. "We continue to look forward to great things from the West Texas market and this acquisition takes us one step closer to capitalizing on the dynamic construction activities in this region," said U.S. Concrete President and Chief Executive Officer William J. Sandbrook.
About U.S. Concrete
U.S. Concrete services 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 106 fixed and 10 portable ready-mixed concrete plants and eight producing aggregates facilities. During 2013, U.S. Concrete produced approximately 5.2 million cubic yards of ready-mixed concrete and approximately 3.6 million tons of aggregates. For more information about U.S. Concrete, visit www.us-concrete.com.