Marco Gomez, CEO of the Drake Companies, announced the addition of major aggregate reserves to the portfolio of assets operated in the metropolitan Phoenix area.
With four key locations spread strategically throughout Maricopa and Pinal counties, Drake has added long-term aggregate holdings with reserves in excess of 70 million tons.
“This addition solidifies our long-term position as a major construction materials supplier in a region with great growth potential,” Gomez said. “With our new state-of-the-art cement plant and growing ready mix enterprise, the Drake Companies are uniquely positioned to provide our customers and the Arizona markets a full line of cement, concrete and aggregate products.” Gomez added that the Drake Companies will begin aggregate operations immediately with full integration of assets being complete before the end of 2012.
The Drake Companies operate in the markets of Arizona and the Southwestern U.S. as Drake Cement, Drake Materials, and Drake Aggregates. Drake Cement unveiled one of North America’s newest and cleanest cement plants in 2011. Drake Materials operates multiple ready mix concrete plants in central Arizona, with additional holdings in the northwest part of the state and the Las Vegas, Nev., area.