Latest Alleyton Resource News
Nov 11, 2014
October 10, 2014 05:40 PM Eastern Daylight Time DENVER--( BUSINESS WIRE )--Summit Materials is pleased to announce the acquisitions of Southwest Ready-Mix, a ready-mix concrete company in southwest Houston, Texas; Colorado County Sand & Gravel, an aggregates company in Colorado County, Texas; and Concrete Supply of Topeka/Builders Choice Concrete, an aggregates and ready-mix concrete company based in Topeka, Kansas. Southwest Ready-Mix will become part of Alleyton Resource’s ready-mix concrete business, Allied Concrete, and provides an expanded footprint in the high growth Houston market. Colorado County Sand & Gravel adds a significant sand and gravel operation and valuable reserves to Alleyton Resource’s aggregates business in the west Houston region. Concrete Supply of Topeka/Builders Choice Concrete operates ten ready-mix concrete plants and two sand and gravel sites in Topeka and northeast Kansas, and a ready-mix concrete plant in western Missouri. It is an excellent fit with Summit Materials’ existing companies in Kansas and Missouri. Tom Hill, CEO of Summit Materials, commented, “We are very pleased to welcome these three companies and their employees to Summit Materials. They are a great cultural, geographic and business match with us and a furtherance of our strategy of growth through acquisitions.” About Summit Materials Summit Materials is a leading heavy-side construction materials company that supplies aggregates, cement, ready-mixed concrete and asphalt in more than 15 U.S. states and in western Canada. It was founded by CEO Tom Hill , The Blackstone Group and Silverhawk Capital Partners with the objective of building a geographically diverse, vertically integrated aggregates-based business of scale. To that end, Summit Materials has completed more than 30 acquisitions since 2009 focused around ten operating platforms and continues to pursue growth opportunities in new and existing markets. For more information on Summit Materials please see our website at www.summit-materials.com .