Attached files
| file | filename |
|---|---|
| EX-99.1 - CUSTOM CRETE PRESS RELEASE - U.S. CONCRETE, INC. | customcretepressrelease.pdf |
| EX-99.2 - NYSS PRESS RELEASE - U.S. CONCRETE, INC. | nysspressrelease.pdf |
| 8-K - 8-K - U.S. CONCRETE, INC. | a8-kpressreleaseacqofnyssc.htm |
| EX-99.1 - CUSTOM CRETE PRESS RELEASE - U.S. CONCRETE, INC. | customcretepressrelease.htm |
For I EUL today acqui ventu subsi Clayt opera In a c sales dock Island Easte produ effici locati mark Long existi U.S. take g susta these g3 Abou Easte (NAS York New from mmediate R U.S ESS, Texas that its who red New Yo re between diary of Gre on and Sons te two exist oncurrent, s and marketi located in In . rn’s ready-m ction. The t ent delivery ons will als ets of New Y Island. Pop ng infrastru Concrete Pr reat pride in inable appro strategic loc t Eastern rn Concrete DAQ:USCR and is the la York City m its four quar elease . Concre Location , October 2 lly owned s rk Sand and Great Lakes at Lakes Dr Materials, ing aggregat eparate tran ng agreeme wood, N.Y ixed concre wo NYSS a of raw mate o ease distrib ork City’s ulation grow cture have c esident and supporting ach to the d ations to ef Materials, I ), operates rgest suppli etropolitan ries in New te Adds T s in New 1, 2014 – U ubsidiary, E Stone, LLC Dredge and edge and Do L.P. The acq e distributio saction, U.S nt with Inwo ., in Nassau te business ggregate ter rials to East ution of ag five borough th, commer reated high Chief Execu and supply istribution o ficiently ser nc., a busine 17 ready-m er of ready- area. The co Jersey to re hree Aggr York Met .S. Concrete astern Conc (“NYSS”) Dock Com ck Corpora uisition inc n terminals . Concrete, od Material County on t is vertically minals and t ern’s produ gregate prod s as well as cial constru demand for tive Officer ing this imp f aggregates vice the met ss unit of U ixed concret mixed concr mpany also ady-mix, as egate Dis ropolitan , Inc. (NAS rete Materia from Ambo pany, LLC, tion (NASD ludes the as on the East Inc. has ente s Terminal he South Sh integrated w he Inwood d ction faciliti ucts to the l Nassau and ction and th building ma William J. ortant region and are exc ro New Yor .S. Concret e plants in N ete in the N supplies sa phalt, gover tribution Area DAQ:USCR ls, Inc. (“Ea y Aggregate a wholly ow AQ: GLDD signment of River in Bro red into an LLC, which ore of weste ith aggrega ock will all es. These un arge constru Suffolk cou e need for re terials in thi Sandbrook s with a mor ited about t k market.” e, Inc. ew Jersey a orthern New nd, stone, an nment and c ) announced stern”), s, a joint ned ) and Ralph leases to oklyn, N.Y exclusive includes a rn Long te ow for more ique ction nties on pair of s area. aid, “We e he ability of nd New Jersey- d gravel ontractor .
customers. Eastern's ready-mix product line, built on U.S. Concrete's EF Technology® platform of more sustainable concrete mix designs, includes a suite of proprietary and branded products to improve the appearance, productivity and performance of concrete work. The company's portfolio of projects includes the area's largest and tallest buildings, best-known monuments and biggest roadways and bridges. For more information about Eastern, visit www.eastern-concrete.com. About U.S. Concrete U.S. Concrete services the construction industry in several major markets in the United States through its two business segments: ready-mixed concrete and aggregate products. The Company has 118 standard ready-mixed concrete plants, 11 volumetric ready-mixed concrete facilities, and 10 producing aggregates facilities. During 2013, U.S. Concrete produced approximately 5.2 million cubic yards of ready-mixed concrete and approximately 3.6 million tons of aggregates. For more information on U.S. Concrete, visit www.us-concrete.com. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This press release contains various forward-looking statements and information that are based on management's belief, as well as assumptions made by and information currently available to management. These forward-looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward-looking information includes, but is not limited to, statements regarding: the stability of the business; ready-mix backlog; ability to maintain our cost structure; ability to maximize liquidity, monitor fixed costs, manage variable costs, control capital spending and monitor working capital usage; and the adequacy of current liquidity. Although U.S. Concrete believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including, among other matters: general and regional economic conditions; the level of activity in the construction industry; the ability of U.S. Concrete to complete acquisitions and to effectively integrate the operations of acquired companies; development of adequate management infrastructure; departure of key personnel; access to labor; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of U.S. Concrete's business; adverse weather conditions; the availability and pricing of raw materials; the availability of refinancing alternatives; and general risks related to the industry and markets in which U.S. Concrete operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those expected. These risks, as well as others, are discussed in greater detail in U.S. Concrete's filings with the Securities and Exchange Commission, including U.S. Concrete's Annual Report on Form 10-K for the year ended December 31, 2013 and subsequent Quarterly Reports on Form 10-Q. # # # Company Contact: Matt Brown, SVP & CFO U.S. Concrete, Inc. 817-835-4105