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U.S. Concrete Makes New York Acquisition

U.S. Concrete Inc. has acquired the assets of NYCON Supply Corp. (NYCON), a ready-mixed concrete producer headquartered in the Long Island City neighborhood of Queens, N.Y.

NYCON primarily serves high- and mid-rise projects in Western Queens and Midtown Manhattan through its two concrete batch plants and a fleet of 38 trucks. NYCON is a leader in quality and service in the markets it serves and will continue to operate under the NYCON Supply Corp. trade name, the company said.

"We are pleased to add NYCON to our growing portfolio of assets in New York," said U.S. Concrete President and CEO William J. Sandbrook. "NYCON's premier location enlarges our footprint to serve the New York City market and expands our regional customer base. We are now better positioned to enhance sales logistics, delivery efficiencies and material sourcing synergies. New York City's perpetually growing population, economic development, and redevelopment provide a strong backdrop for continued ready-mixed concrete demand in coming years. We look forward to welcoming the NYCON team to our company."

U.S. Concrete Inc. has 146 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities and 14 producing aggregates facilities. During 2015, U.S. Concrete sold approximately 7.0 million cu. yd. of ready-mixed concrete and approximately 4.9 million tons of aggregates.