Rogers Group Inc. (RGI) has purchased a quarry, sand plant, five asphalt plants and all construction assets of Huntsville, Ala.-based Reed Contracting Services. Since its inception in 1987, Reed has grown to be the leading provider of mass excavating, grading, underground utilities, asphalt paving and trucking services in Huntsville.
RGI is a leading supplier of crushed stone in the northern Alabama market and a provider of asphalt paving services in northwest Alabama. Combining the scope and quality of both companies, RGI will now provide seamless, start-to-finish construction and materials services to the greater Huntsville market. Managers of RGI and Reed are working diligently to ensure a smooth transition and no interruption of service to customers.
Working with RGI to welcome more than 600 valued Reed employees to the RGI team, Reed’s owner and founder Mike Reed said, “Selling to Rogers Group gives me peace of mind that the values and principles I have created at Reed Contracting will live on. I am confident the family environment and growth opportunities for our people will continue for decades to come.”
President and CEO of RGI Darin Matson stated, “This acquisition exemplifies one of Rogers Group’s key growth strategies, which is the acquisition of well-run aggregate and construction businesses closely aligned with our core values and displaying a strong sense of responsibility to the communities where we work. We could not be more pleased to be able to welcome the Reed employees to RGI as we combine our core strengths with theirs, to build upon the fine reputation Mike and his team have created the last 34 years.”
The acquired company will join RGI’s Southern Division, led by Division Vice President Derek Roberts, and will operate under the direct leadership of newly appointed Vice President Anthony Garcia.
Founded in 1908, RGI is the largest privately held aggregate company in the U.S., employing 2,700 people across 10 states. RGI has been recognized by trade organizations and state transportation agencies for its excellence, integrity and community involvement.