Oldcastle Infrastructure Acquires Cook Concrete Products
Oldcastle Infrastructure™, a CRH Company, has successfully expanded its portfolio by acquiring Cook Concrete Products. This strategic acquisition enhances the capabilities of Oldcastle Infrastructure and supports its mission to provide reliable precast structures across multiple markets.
About Cook Concrete Products
Cook Concrete, established in 1955, has built a solid reputation as a dependable provider of precast structures, primarily designed for underground applications. These structures are vital in sectors such as energy, water, and communications, demonstrating the company's expertise and extensive market knowledge. The company's location in Redding, CA, allows it to serve various regions effectively, reinforcing its presence in the industry.
Geographic Expansion
The integration of Cook Concrete into Oldcastle's operations effectively fills a geographic gap in their service area. According to Jason Jackson, President of Oldcastle Infrastructure, this acquisition will enable them to deliver heightened value to customers, broadening their range of offerings in the region.
Enhanced Product Offerings
With Cook Concrete's robust manufacturing capabilities and diverse product lineup, Oldcastle Infrastructure is well-positioned to meet the growing demands of its customers. This merger not only adds to their service footprint but also enhances existing product offerings, solidifying their competitive edge in the marketplace.
Strategic Partnership
Matt Clemson, President of West Region Pipe & Precast and Stormwater at Oldcastle Infrastructure, emphasized that this acquisition strengthens the company as a strategic partner for its customers. By fostering strong relationships and maintaining high-quality standards, Cook Concrete aligns perfectly with Oldcastle’s commitment to customer satisfaction.
About Oldcastle Infrastructure
Oldcastle Infrastructure™, a subsidiary of CRH, has emerged as a leader in providing innovative building materials and solutions for infrastructure projects across several key North American markets, including water, communications, energy, and transportation. By adding Cook Concrete, Oldcastle can enhance its service offerings and infrastructure solutions.
About CRH
CRH (NYSE: CRH) stands out as a premier provider of building materials solutions, deeply embedded in the core of global construction markets. With a workforce of around 78,500 across approximately 3,390 locations in 28 countries, CRH focuses on delivering materials and innovative solutions for infrastructure projects. Their commitment to sustainability and resilience has placed them among leaders in Environmental, Social, and Governance (ESG) rankings, making them a Fortune 500 company.
Frequently Asked Questions
What does Oldcastle Infrastructure do?
Oldcastle Infrastructure provides a wide range of building materials and solutions for infrastructure projects across North America, serving sectors such as water, energy, and transportation.
Where is Cook Concrete Products located?
Cook Concrete Products is based in Redding, CA, and has been serving the market since 1955.
How will this acquisition benefit Oldcastle Infrastructure?
The acquisition enhances Oldcastle's manufacturing capabilities and expands its product offerings, ultimately allowing the company to better serve its customers in new regions.
What sectors does Cook Concrete primarily serve?
Cook Concrete primarily serves the energy, water, and communications markets, specializing in precast structures for underground applications.
What is CRH's vision as a company?
CRH aims to be a leading provider of sustainable building materials solutions, focusing on improving the built environment and supporting critical infrastructure projects.
