Type Public Founded 1948 | Website www.us-concrete.com | |
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Traded as NASDAQ: USCR
S&P 600 Component Industry Heavy Building Materials Key people William J. Sandbrook
( Chief Exec. Officer, Pres, Chief Operating Officer and Director) (2012.12) Products Ready-Mixed Concrete and Aggregates Stock price USCR (NASDAQ) US$ 60.20 -0.60 (-0.99%)27 Mar, 4:00 PM GMT-4 - Disclaimer Headquarters Euless, Texas, United States CEO William J. Sandbrook (22 Aug 2011–) Subsidiaries Right Away Redy Mix, Inc., Redi-Mix, L.P. Profiles | ||
U.S. Concrete, Inc.(NASDAQ: USCR) was set up in 1999 and now is based in Euless, Texas. The company’s main products are ready-mixed concrete and aggregates. Concrete serves customers widely distributed in Texas, California, New Jersey, New York, Oklahoma, and Washington D.C..
Contents
History
1999-2001, U.S. Concrete, Inc acquired 21 companies and received $35 million IPO.
2002-2003, The company engaged in aggregates industry and completed 1 tuch-in acquisition.
2004 and beyond, It has been making more progress in the market via cross-selling opportunities.
On October 30, 2012, Central Concrete Supply Co., Inc., a wholly owned subsidiary of U.S. Concrete, completed the acquisition of Bode Gravel Co. and Bode Concrete LLC.
On Dec 17, 2012, a wholly owned subsidiary of U.S. Concrete, Inc., Smith Precast., Inc., sold substantially all of its assets for $4.27 million in cash and the assumption of certain obligations by Jensen Enterprises, Inc.
Products & services
U.S. Concrete, Inc. provides ready-mixed concrete, the company also provides crushed stone, sand, and gravel. U.S. Concrete has 150 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities, and 14 producing aggregates facilities (2016). The company also involves building materials stores, hauling operations and broker product sales.
Research & Development
2009, U.S. Concrete's National Research Laboratory was set up to develop enhanced concrete (supplementary cementitious materials, SCMs) and solutions. Besides, the company also maintains academic-industrial partnership with research teams at the University of California, Los Angeles (UCLA) and Arizona State University (ASU).
U.S. Concrete uses lime slurry and ARIDUS® Rapid Drying Concrete (addressing moisture-related floor covering failures) self-desiccating concrete technology. However, in 2012.12, the company's subsidiary sold Arizona Precast Operations.