Thomas Concrete recently acquired 21 Georgia ready mixed concrete production sites—eight active, the remaining idle or in standby mode—from Vulcan Materials Co. The concrete market is by its nature local. Proximity to customers and construction sites is both a crucial competitive advantage and good news for the environment through ensuring shorter transport distances. This acquisition strengthens Thomas Concrete’s metro Atlanta presence and brings the U.S. footprint of its Swedish parent company to 70 plants across Georgia and the Carolinas.
"Atlanta is a large, growing and important market. The acquisition is part of the strategy we laid out in 2013 for a stronger and more coherent group enjoying a very significant local presence. The new plants in Georgia increase efficiency and synergies in production, distribution and sales. We are now evaluating which of the idle plants will be restarted,” stated Thomas Concrete Group CEO, Hans Karlander.
The Southeast region’s population continues to grow at higher rates compared to the U.S. average, he adds, fueling more construction activity. Overall business climate and jobs are also expanding with significant investments in manufacturing, distribution, logistics and recreation—spelling increased demand for building materials.
Read the press release for the complete run-down on the acquisition.