Irving Materials Inc. (IMI), of Greenfield, Ind., announced that it has made an asset purchase of Rock Industries from the Smith family of Peru, Ind. This includes the Peru and Plymouth aggregate quarries. The addition of the two Rock Industries facilities brings IMI aggregate mining operations to 18 across Indiana.
Rock Industries has operated in Plymouth and Peru, Ind., since 1977. The family-owned business produces more than 500,000 tpy of stone, sand and gravel.
Earl Brinker, president and CEO of IMI, says he welcomes all of the new members of the IMI aggregates team and wants to express his thanks to the entire group from Rock Industries and IMI who worked hard to put this transaction together.
Steve Crane, vice president of IMI Aggregate, says that he is excited to work with the Peru and Plymouth staff. “These are great people and we are welcoming them into the IMI family with open arms.”
Terry B. Smith, the grandson of the founder, will be managing the two locations. Crane says his first order of business will be to increase production at the facilities and to expand sales throughout the area. The two quarries currently employ 20 full-time staff members. With increased productivity and expanded sales, IMI hopes to enlarge its workforce at the two facilities in 2013.
Brinker says that, with decades of mining reserves, the Peru and Plymouth operations will serve the Irving Material companies, including the concrete and asphalt divisions, and their customers for generations to come.