Construction Partners Inc. acquired eight hot-mix asphalt plants and related crews and equipment in the Houston area from affiliates of Vulcan Materials Co.
The acquired operations will be part of Durwood Greene Construction Co., which CPI acquired in August.
“Today’s acquisition significantly expands our operations in the fast-growing Houston area while reinforcing CPI’s strategy of building better markets and strategically growing our geographic footprint in Texas,” says Jule Smith III, president and CEO of CPI. “With today’s transaction, we gain not only asphalt production assets but talented builders who share our commitment to safety, quality and customer satisfaction.
“The addition of these eight hot-mix asphalt plants, together with their associated crews and equipment, provides our talented and experienced management team at Durwood Greene with powerful tools to increase production and better serve new and existing customers with greater geographic breadth and efficient project execution,” Smith adds. “We are excited to welcome our new crews into Durwood Greene and the CPI family of companies. The capabilities and local relationships they bring will deepen our reach, improve our flexibility and help us better support our customers and communities throughout the high-growth Houston area.”
