U.S. Concrete Inc. reported results for the quarter ended June 30, 2017. In the second quarter of 2017, the company reported a net loss of $2.3 million compared to a net loss of $3.5 million in the second quarter of 2016.
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U.S. Concrete Acquires Aggregates Operation in New Jersey
U.S. Concrete, Inc. has strengthened its aggregates capacity and ability to supply its New York City ready-mixed concrete operations by acquiring the assets of Corbett Aggregates Companies LLC, a provider of high-quality concrete sand located in Quinton, N.J. The acquisition furthers U.S. Concrete’s vertical integration strategy and self-sufficiency in internal aggregates consumption.
Read MoreU.S. Concrete Expands in New York City
Ready mix and aggregates producer U.S. Concrete Inc. announced that it acquired the assets of Jenna Concrete Corp. located in Bronx, N.Y. Jenna has an established and respected market presence in the New York metropolitan area with approximately 25 years of experience serving the Manhattan commercial and residential high-rise market.
Read MoreFirst Look – July 2016
U.S. Concrete Makes New York AcquisitionU.S. Concrete Inc. has acquired the assets of NYCON Supply Corp., a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y. Mulzer Recognized for Commitment to Employee HealthCigna has selected Mulzer Crushed Stone Inc. as a winner of the annual Cigna Well-Being Regional Award for demonstrating a strong commitment to improving the health and wellness of…
Read MoreU.S. Concrete Makes New York Acquisition
U.S. Concrete Inc. has acquired the assets of NYCON Supply Corp. (NYCON), a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y.
Read MoreU.S. Concrete Acquires Greco Brothers
U.S. Concrete Inc. announced that it has acquired the assets of Greco Brothers Concrete of L.I. Inc., a ready-mixed concrete producer located in Brooklyn, N.Y. Greco currently operates two ready-mixed concrete plants and a fleet of 37 mixer trucks. The assets of Greco will be integrated into U.S. Concrete’s existing New York operation, Ferrara Bros. LLC.
Read MoreAggregates Revenue Increases at U.S. Concrete
U.S. Concrete Inc. reported adjusted EBITDA of $22.2 million in the second quarter of 2014, compared to $16.7 million in the second quarter of 2013. Adjusted EBITDA margin, which is adjusted EBITDA as a percentage of revenue, was 12.3 percent for the second quarter of 2014, compared to 10.6 percent in the second quarter of 2013. Net income was $7.9…
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