Sources: Drake Companies, Scottsdale, Ariz.; Staff reports

Drake CEO Marco Gomez has announced the addition of major aggregate reserves to a portfolio of ready mixed and cement distribution assets in the metropolitan Phoenix area. With four locations spread strategically throughout Maricopa and Pinal counties, Drake has added long-term aggregate holdings with reserves in excess of 70 million tons.

“This solidifies our long-term position as a major construction materials supplier in a region with great growth potential. With our new state-of-the-art cement plant and growing ready mix enterprise, the Drake Companies are uniquely positioned to provide customers and the Arizona markets a full line of cement, concrete and aggregate products,” says Gomez, adding that aggregate production has begun with an eye toward full integration of assets by year’s end.