United States

Profile: US Concrete Inc (USCR.O)

USCR.O on Consolidated Issue listed on NASDAQ Capital Market

23 Aug 2019
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U.S. Concrete, Inc., incorporated on July 15, 1997, is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers' job sites. The aggregate products segment produces crushed stone, sand and gravel. The Company' other products include its building materials stores, hauling operations, aggregates distribution terminals, lime slurry, brokered product sales, a recycled aggregates operation, and concrete blocks. The Company also offers the ARIDUS Rapid Drying Concrete technology.

As of December 20, 2017, the Company operated 165 standard ready-mixed concrete plants, 17 volumetric ready-mixed concrete plants, 18 producing aggregates facilities, three aggregates distribution terminals, two lime slurry facilities, and one recycled aggregates facility. During the year ended December 31, 2016, these plants and facilities produced approximately 8.1 million cubic yards of ready-mixed concrete and 5.6 million tons of aggregates. As of December 31, 2016, it operated over 1,540 drum mixer trucks and 125 volumetric mixer trucks.

Ready-mixed concrete

The Company provides its ready-mixed concrete from its operations in Texas; northern California New York; New Jersey; Washington, District of Columbia (D.C.); northern California, Oklahoma, and the United States Virgin Islands. The Company also offers a range of services to customers, such as production of formulations and alternative product recommendations; quality control, through automated production and laboratory testing, and automated scheduling and tracking systems. Its standard ready-mixed concrete products consist of proportioned mixes it produces and delivers in an unhardened plastic state for placement and shaping into designed forms at the job site. The Company's standard ready-mixed concrete plants consist of fixed and portable facilities that produce ready-mixed concrete in wet or dry batches.

Aggregate products

As of December 31, 2016, the Company's aggregate products segment produced crushed stone, sand and gravel from 16 aggregates facilities located in New Jersey, Texas, Oklahoma and the United States Virgin Islands. The Company sells these aggregates for use in commercial, industrial and public works projects in the markets they serve, as well as consumes them internally in the production of ready-mixed concrete in those markets. It also owns sand pit operations in Michigan and a quarry in west Texas.

Company Address

US Concrete Inc

331 N Main St
EULESS   TX   76039-3636
P: +1817.8354105
F: +1817.8354165

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