U.S. Concrete Buys Sand Supplier in New Jersey
U.S. Concrete has acquired assets of Corbett Aggregates Cos. in Quinton, N.J., in a move to control the supply of sand for its ready-mixed concrete operations in New York City and to supply other customers.
Corbett operates on more than 400 acres of land that contains an estimated 35 million tons of proven reserves.
In addition, U.S. Concrete has made arrangements to move sand and other materials though the North Shore Terminal located on Staten Island, which will reduce the need to use trucks for a portion of the haul.
“The acquisition of Corbett meets our strategic objective of increasing self-sufficiency in our internal aggregates sourcing, especially in an area of the country with quickly depleting fine aggregates resources,” U.S. Concrete Bill Sandbrook said in a statement April 10.
“Additionally, the ability to ship concrete sand to our metropolitan New York City markets by water is another strategic benefit to this acquisition as trucking becomes ever more expensive due to traffic congestion and increasing bridge tolls.”
U.S. Concrete is based in Euless, Texas, and operates 155 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities and 17 producing aggregate facilities in the United States.
