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Oldcastle Precast, Inc

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Oldcastle Precast, Inc. Announces Agreement to Acquire Select Assets of Duratek Precast Technologies, Inc.


Oldcastle Precast, Inc., today announced that it has acquired select assets of Duratek Precast Technologies, Inc. for an undisclosed sum. Duratek, a Florida company, specializes in the design, manufacture, and installation of precast concrete.

Tucker, GA, May 27, 2011 --(PR.com)-- Oldcastle Precast, Inc., a premier provider of precast concrete products, today announced that it has acquired select assets of Duratek Precast Technologies, Inc. for an undisclosed sum. Duratek, a Florida based precast concrete company, specializes in the design, manufacture, and installation of precast concrete site walls, DOT walls, sound barriers, hurricane hangars, safe harbor marinas, precast homes, as well as Commercial, Residential, and Industrial structures. In addition, Duratek has recently filed for a patent on their "unitized" construction methods that create a virtual fortress for structures of any function and to date has manufactured and installed over 900 miles of precast concrete walls in the state of Florida.

The intellectual property and manufacturing assets gained through the procurement will allow Oldcastle Precast to take Duratek’s product line to a national level, offering all customers the latest product technologies in the fields of environmental acoustics for industrial, commercial and transportation issues; privacy walls for water treatment plants, airports, schools and government buildings; environmentally-friendly perimeter wall systems for gated communities and developments.

This addition to Oldcastle Precasts’ portfolio demonstrates their commitment to investing in businesses that dramatically improve the quality of construction as well as the environment in the United States. Duratek has a proven track record of providing quality, environmentally friendly precast concrete products using innovative technologies and services. Oldcastle Precast is committed to building a better world by producing, distributing, servicing and supporting building materials that substantially improve the quality, performance, and environmental impact of residential and commercial construction throughout the United States.

About Oldcastle Precast, Inc.:
Oldcastle Precast, Inc. is the leading manufacturer of precast and polymer concrete products in the U.S. Providing engineered product solutions nationwide to a number of market sectors including: Water; Transportation; Power & Energy; Communications; Engineering Services; Construction Services; Government/Military. Oldcastle Precast is part of Oldcastle Building Products. For more information please visit http://www.duratek.net/.

Contact: Oldcastle Precast, Inc.
National Sales, Marketing, and Engineering
888-965-3227
http://www.oldcastleprecast.com/
Barbara.bogo@oldcastleprecast.com

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Contact Information
Oldcastle Precast, Inc
Barbara Bogo
888-965-3227
Contact
www.oldcastleprecast.com

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