Atlanta, GA, August 05, 2012 --(PR.com
)-- Oldcastle Precast, Inc., a leading manufacturer of precast concrete products, announced today that it has reached a definitive agreement to acquire key assets of U.S. Concrete’s six precast concrete operations in California.
This acquisition will strengthen the Oldcastle Precast presence in the important Western United States market and will provide a leading position in the storm and sanitary sewer market in Northern California, while adding to our already solid statewide positions in the utility, transportation and structural business.
“We are excited to build on our strategy to provide a comprehensive line of quality precast and prestressed concrete products nationwide,” said Mike Scott, West Coast Group President. “Our acquisition of U.S. Concrete’s California assets positions us as a leading provider of storm and sanitary products in Northern California and adds to our growing structural/prestress capacity in the Western U.S.”
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: Building Structures, Communications, Government/Military, Power & Energy, Security, Transportation, Water, Construction Services, Engineering Support and LEED/Green Consulting.
Oldcastle Precast, Inc. is a subsidiary of Oldcastle, Inc., the U.S. holding company of Ireland-based CRH plc [NYSE: CRH]. Oldcastle Inc. is North America’s largest manufacturer of building products and materials and is headquartered in Atlanta, Ga. For more information about Oldcastle, Inc. and CRH plc please visit www.oldcastle.com and www.crh.com.