U.S. Concrete, Inc.(NASDAQ: USCR) was set up in 1948 and now is based in Euless, Texas. The company's main products are ready-mixed concrete and aggregates. Concrete serves customers widely distributed in Texas, California, New Jersey, New York, Oklahoma, and Washington D.C..
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History
1999-2001, U.S. Concrete, Inc acquired 21 companies and received $35 million IPO.
2002-2003, The company engaged in aggregates industry and completed 1 tuch-in acquisition.
2004 and beyond, It has been making more progress in the market via cross-selling opportunities.
On October 30, 2012, Central Concrete Supply Co., Inc., a wholly owned subsidiary of U.S. Concrete, completed the acquisition of Bode Gravel Co. and Bode Concrete LLC.
On Dec 17, 2012, a wholly owned subsidiary of U.S. Concrete, Inc., Smith Precast., Inc., sold substantially all of its assets for $4.27 million in cash and the assumption of certain obligations by Jensen Enterprises, Inc.
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Products & services
U.S. Concrete, Inc. provides ready-mixed concrete, the company also provides crushed stone, sand, and gravel. U.S. Concrete has 150 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities, and 14 producing aggregates facilities (2016). The company also involves building materials stores, hauling operations and broker product sales.
Operations
Research & Development
2009, U.S. Concrete's National Research Laboratory was set up to develop enhanced concrete (supplementary cementitious materials, SCMs) and solutions. Besides, the company also maintains academic-industrial partnership with research teams at the University of California, Los Angeles (UCLA) and Arizona State University (ASU).
U.S. Concrete uses lime slurry and ARIDUS® Rapid Drying Concrete (addressing moisture-related floor covering failures) self-desiccating concrete technology. However, in 2012.12, the company's subsidiary sold Arizona Precast Operations.
Awards
- 2013.11, U.S. Concrete, Inc.'s operation Central Concrete Supply Co., Inc., mainly worked for San Francisco Bay Area,received the Northern California & Western Nevada Chapter American Concrete Institute (ACI) Award for Stanford University's Bing Concert Hall.It was honored because of its low-CO2 concrete products.
- 2013.11, U.S. Concrete, Inc.'s operation Eastern Concrete Materials, Inc.awarded and begun providing ready-mix concrete for the New Tappan Zee Bridge, a bridge to replace the old Governor Malcolm Wilson bridge. In 2013.10, Eastern Concrete Materials, Inc.was selected to receive the New York City Concrete Industry Board's 52nd Annual Award for its outstanding work (ready-mixed concrete) for the World Trade Center Transportation Hub Transit Hall in New York City.
- 2011, U.S. Concrete's subsidiary, Riverside Materials, LLC d/b/a Eastern Concrete Materials, Inc., received Greensite Award, famous for the sustainable concrete construction for One World Trade Center.
- 2009.11, U.S. Concrete hornored the GreenSite Award for its environmentally friendly constructions of California Academy of Sciences in San Francisco, California.
Source of the article : Wikipedia
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