StonePoint Materials Announces Acquisition of Standard Gravel Company
PHILADELPHIA, Sept. 17, 2019 /PRNewswire/ --StonePoint Materials LLC ("StonePoint") today announced the acquisition of Standard Gravel Company, LLC ("Standard").
- PHILADELPHIA, Sept. 17, 2019 /PRNewswire/ --StonePoint Materials LLC ("StonePoint") today announced the acquisition of Standard Gravel Company, LLC ("Standard").
- The acquisition of Standard will complement and expand StonePoint's subsidiary Southern Aggregates, LLC ("Southern"), the largest sand and gravel producer in Louisiana.
- "We are thrilled to welcome Standard Gravel, Spencer, and his team as StonePoint continues to execute its strategy of acquiring well-run operations in high-growth areas."
- StonePoint Materials is a leading producer of crushed stone, sand and gravel serving diverse end markets including infrastructure, commercial and residential construction, and energy.