CalPortland Co. reported it has completed its previously announced acquisition of the Vulcan Materials ready-mix concrete business assets in the San Diego and San Francisco Bay areas.
“The Vulcan Materials’ ready mix acquisition reflects a strategy positioning us for the long-term success of our company,” said Allen Hamblen, chief executive officer of CalPortland. “This strategic investment enhances our core capabilities, expands our reach, and reinforces our ability to deliver consistent performance and quality products in an evolving market.”
Bill Mullen, president of CalPortland, added, “We are excited to welcome the many new employees to the CalPortland team. Together, we are building a stronger, more dynamic organization that is well-positioned to lead in our industry and create meaningful value to the customers and communities we serve.”
