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September 6, 2012
06:13 EDTUSCRU.S. Concrete refinances credit facility
U.S. Concrete terminated its existing $75M asset based credit agreement and entered into a new $80M asset based credit agreement on August 31. The new credit agreement will expire on July 1, 2015 and includes an uncommitted accordion feature that may allow for an increase in the total commitments under the facility to as much as $125M. Proceeds from advances under the new credit agreement will be used to finance working capital, permitted acquisitions and for other lawful corporate purposes.
News For USCR From The Last 14 Days
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December 12, 2014
06:01 EDTUSCRU.S. Concrete acquires Diamond Concrete assets and property on Staten Island
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December 8, 2014
06:03 EDTUSCRU.S. Concrete subsidiary acquired assets of Scofield Construction, Mobile-Crete
U.S. Concrete announced that its wholly owned subsidiary, Redi-Mix, has acquired the assets of Scofield Construction Services, LLC and Mobile-Crete of South Texas, LLC, collectively doing business as Mobile-Crete. The acquisition includes five volumetric ready-mixed concrete facilities and 47 volumetric ready-mixed concrete trucks servicing the Austin, San Antonio, and South Texas markets. This acquisition allows Redi-Mix to leverage and diversify the volumetric product line of its recently acquired Custom-Crete division and enhances our competitive footprint in Austin and San Antonio.

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