Peckham Industries Inc. has completed the acquisition of Palmer Paving Corp., a heavy highway construction and materials business based in Palmer, Mass. Palmer’s operations, seasoned business management team and more than 150 employees will remain intact and will provide Peckham with expanding business opportunities in the region. Together, the companies will optimize the synergies that exist between them.
“Early on in our discussions, we saw that our business values aligned. We’re enthusiastic and excited about the possibilities for growth and continued prosperity in the region,” stated John R. Peckham, president of Peckham Industries. “Both companies are committed to empowering their employees to continuously experiment, innovate and improve our operational efficiency and safety.”
“We know that the Peckham group will enhance our business operations and provide great opportunities for our team here at Palmer,” noted Janet Callahan, who will remain serving as president of Palmer Paving Corp.
“Palmer Paving Corp. is nationally recognized for manufacturing and installing the highest quality pavements in western Massachusetts and northeastern and north central Connecticut. Its drive for excellence, focus on safety, and sound environmental business practices will continue with a mindset on long-term success,” the company said.
Privately-held Peckham Industries, Inc., a family operated company since 1924, now employs more than 800 people at more than 25 facilities located in Connecticut, Massachusetts, New York and Vermont. Peckham and its subsidiaries provide road construction and maintenance, including hot and warm mix asphalt, liquid asphalt, asphalt emulsion, stone and aggregates, ready mix concrete, and liquid calcium chloride, as well as precast concrete components for large-scale construction projects throughout the Northeast.