Tuesday, May 11, 2010
Boxley Acquires Three Concrete Sites
Roanoke-based Boxley, which specializes in construction materials, has acquired P&T Concrete with sites in Wytheville and Marion and W&S Concrete in Abingdon.
This increases Boxley’s operations to a total of 10 active plants and one portable plant. Boxley is operating the Wytheville and Abingdon plants and plans to initiate operations at the Marion plant soon.
The Marion plant ceased operation in 2006. “Boxley chose to use the downtime created by the recession’s reduced business levels to evaluate how we can improve every facet of our organization and position the company for continued growth and longevity,” says Larry Bullock, Boxley’s VP of concrete. “We see tremendous growth potential throughout this region and are pleased to have the opportunity to become a contributing member of these communities.”
Both companies are privately held and the terms of the acquisition were not disclosed. Employees were retained at the Wytheville and Abingdon plants.
Each plant’s environmental operations will be evaluated and necessary improvements made to prepare them for Green-Star Certification by the National Ready Mixed Concrete Association. Boxley’s other eight concrete plants achieved Green-Star Certification in 2009.