U.S. Concrete Acquires Cherokee

U.S. Concrete Inc. has acquired Junction, Texas-based ready-mixed concrete producer Cherokee Bridge and Road Inc. Cherokee, which serves the counties of Kimble and Menard through its three ready-mixed concrete plants, will become part of U.S. Concrete’s Ingram Concrete LLC subsidiary.

“This acquisition further demonstrates our disciplined approach to accretive capital deployment and enhances our West Texas strategic development initiatives,” said U.S. Concrete President, Chief Executive Offer and Vice Chairman William J. Sandbrook. “I am happy to welcome Cherokee to the U.S. Concrete family.”

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 now has 165 standard ready-mixed concrete plants, 17 volumetric ready-mixed concrete facilities, and 18 producing aggregates facilities. During 2016, U.S. Concrete sold approximately 8.1 million cu. yd. of ready-mixed concrete and approximately 5.6 million tons of aggregates.

Related posts