U.S. Concrete Awarded Permit Allowing for Major Increase in Aggregates Delivered to its Long Beach, California Terminal
U S Concrete, Inc. (USCR)
Last u s concrete, inc. earnings: 2/25 05:55 am
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Source: PR Newswire
EULESS, Texas, Sept. 5, 2018 /PRNewswire/ -- U.S. Concrete, Inc. (NASDAQ: USCR) ("U.S. Concrete" or the "Company"), a leading national supplier of ready-mixed concrete and aggregates, today announced that its wholly owned subsidiary, Polaris Materials ("Polaris"), has obtained the necessary permits to increase the amount of aggregates it imports at its terminal located in Long Beach, California. As a result of the new permit, Polaris is now able to deliver up to two million tons of highly specified aggregates annually, effectively doubling its throughput capacity in supply-constrained Southern California."We are very pleased to be able to expand the aggregates throughput at our Long Beach terminal, especially at a point in time where the demand for these materials in Southern California is at an all-time high," said William J. Sandbrook, Chairman, President and CEO of U.S. Concrete. "Our intention was for the Polaris acquisition to grow its aggregates volumes to provide our shareholde
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