SRM Concrete announced the strategic acquisition of Vulcan Materials Co.’s ready-mix assets in Texas. This significant expansion includes 82 ready-mix plants and 11 volumetric locations across the state.
CEO Jeff Hollingshead stated, “We’re excited about welcoming more than 1,100 new team members to our SRM family. We will be gaining nearly 100 new locations and a significant amount of equipment, but what really matters to us is the people. It’s their skills and experience that are our true assets. We can’t wait to start working and growing together in Texas, side-by-side with our new team.”
This acquisition marks SRM’s entry into new markets of San Antonio, Austin, Abilene, and Amarillo and strengthens its presence in Houston and Dallas-Fort Worth. These additions make SRM the largest ready-mix supplier in Texas.
Founded in 1999 by Mike and Melissa Hollingshead in Smyrna, Tenn., SRM is the country’s largest ready-mix concrete manufacturer. The company boasts a comprehensive network that includes ready-mix concrete plants, quarries, cement terminals, block plants, and various ancillary services.
With a robust history of more than 100 successful acquisitions since 2005, SRM’s latest expansion further solidifies its national presence, employing more than 8,300 team members across 19 states.