Knife River Corp. acquired the assets of Texcrete.
Based in the Bryan and College Station market in Texas, Texcrete has six ready-mixed concrete plants and 85 ready-mix trucks serving Brazos and Montgomery counties. Texcrete also operates a sand and gravel site that adds more than 20 years of aggregate reserves in the local market, according to Knife River.
“This acquisition fits our strategy of focusing on materials-based, vertically integrated operations in midsize, high-growth markets,” says Brian Gray, president and CEO of Knife River. “We expect the ready-mix plants will pull through aggregates from our existing Knife River operations, in addition to leveraging Texcrete’s own supply. We’re excited about the growth potential in Texas, and we further expect the addition of Texcrete will help balance the seasonality in our northern markets.”
Texcrete has about 100 employees, who have joined Knife River’s Texas team.
