U.S. Concrete, Inc.
USCR announced today that its wholly owned subsidiary, Redi-Mix, LLC,
has acquired the assets of Scofield Construction Services, LLC and
Mobile-Crete of South Texas, LLC, collectively doing business as Mobile-Crete.
The acquisition includes five volumetric ready-mixed concrete facilities and
47 volumetric ready-mixed concrete trucks servicing the Austin, San Antonio,
and South Texas markets.
This acquisition allows Redi-Mix to leverage and diversify the volumetric
product line of its recently acquired Custom-Crete division and enhances our
competitive footprint in Austin and San Antonio.
"Continuing to strengthen and grow this specialty product line of our core
ready-mixed concrete offering in the vibrant and diversified Austin and San
Antonio markets is another step forward in accomplishing our strategic growth
objectives to continue to advance long-term shareholder value," said President
and Chief Executive Officer, William J. Sandbrook. "We welcome Mobile-Crete to
the U.S. Concrete family."
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