Lafarge Building Materials acquires Concrete Co. assets, expands SE reach
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Lafarge North America, Reston, Va., is expanding its Southeast presence with management of two terminals and 46 plants representing about 1 million tons of cement distribution and 1.3 million yd of ready mixed production. The properties were acquired from The Concrete Co. of Columbus, Ga., by Lafarge Building Materials Inc. (LBM), a wholly owned subsidiary of Paris-based Lafarge S.A. Lafarge North America manages the LBM businesses under contract with the parent company.
LBM is anchored by the former Blue Circle America concrete, cement and aggregate flagship operations in Georgia and Alabama. Since the Lafarge-Blue Circle deal was completed in mid-2001, LBM has effected a handful of bolt-on transactions involving Alabama ready mixed properties. The new properties extend Lafarge NA's reach in Alabama, Georgia and Gulf Coast markets, and position it with upwards of 15 million yd of ready mixed production (U.S. and Canada). Not included in the transaction are Concrete Co.'s concrete block, precast, and aggregate operations, which will remain under existing management.
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