Alcrete LLC Acquires Carter Concrete Products, Expands Operations into Kentucky

Construction

Jun 19

OAKBROOK TERRACE, Ill., June 19, 2024 (VSNewsNetwork.com) - Alcrete LLC, a provider of precast concrete products, has announced the acquisition of Carter Concrete Products LLC, a company based in Boaz, Kentucky. This acquisition includes Carter Concrete Products’ production facilities and a 17-acre manufacturing site, enabling Alcrete to expand its geographic reach and market presence.

"We are pleased to welcome the employees of Carter Concrete Products to the Alcrete team," said Justin D. Norman, Chief Executive Officer of Alcrete LLC. "We believe in the growth potential of Carter Concrete Products and value the Carter family legacy. The plant location in western Kentucky will allow Alcrete to reach the surrounding geographic markets in Kentucky, Illinois, Missouri, and Tennessee. We are committed to continuing the growth of the company and building upon the legacy of Carter Concrete Products.”

Carter Concrete Products has been in operation since the 1930s, under the leadership of four generations of the Carter family. Bruce Carter, President of Carter Concrete Products, expressed confidence in the acquisition, stating, "We believe that Alcrete is the right owner of Carter Concrete Products. Alcrete placed a high value on the legacy of what we have built and will seek to expand upon this foundation. It is a great opportunity for the employees at Carter Concrete Products to join a growing organization at Alcrete."

Alcrete’s acquisition includes all production facilities and equipment from Carter Concrete Products. The company will retain the existing skilled workforce, which will help Alcrete increase its production capabilities and competitiveness within the precast concrete market.

For more information on Alcrete, visit Alcrete.com.

Source: Alcrete LLC via Newswire