Oldcastle Materials Inc. announced the acquisition of the assets of Powers Stone Inc. in Susquehanna County, Pa. The company consists of three aggregate quarries.
The operations will join Oldcastle Materials’ Mid-Atlantic Division under Pennsy Supply. “We are excited about our expansion and welcome our new employees into the Pennsy Supply family,” said Patrick Bartorillo, president of Pennsy Supply North Region.
“The acquisition of these assets will strengthen our position and allow us to better service the growing demand for aggregate, asphalt and contracting services in the heart of the Marcellus Shale gas market,” said Mark Snyder, president, Oldcastle Materials MIDA Group.
Oldcastle Materials now has more than 1,200 locations in 44 states and employs approximately 18,000 people. Oldcastle Materials operates under Oldcastle Inc., the North American arm of international building materials group CRH plc based in Dublin, Ireland, with locations in 35 countries.