Right Away Redy Mix in Oakland, California
Greystone Advises Right Away on its Sale to U.S. Concrete
SAN DIEGO (February 24, 2015) – The Greystone Group announced today that it served as exclusive financial advisor to Right Away Redy Mix, Inc. and its wholly-owned subsidiary Rock Transport, Inc. (collectively “Right Away”) in its sale to U.S. Concrete, Inc. (NASDAQ: USCR). “Without Greystone’s help, expertise and guidance this transaction would not have been possible,” said Geoff Henrikson, shareholders’ representative of Right Away
Right Away is the largest independent producer of ready mixed concrete in San Francisco’s East Bay market. Founded in 1975, Right Away operates four ready mix plants, 49 mixer trucks, and 17 transfer trucks, super dumps and transfer dumps that transport cement and aggregates throughout the East Bay. “The strong economic growth and construction activity in this diverse market will continue into the foreseeable future and Right Away is well positioned to take advantage of all of these dynamic opportunities,” said U.S. Concrete President and CEO William J. Sandbrook
About U.S. Concrete
U.S. Concrete services the construction industry in several major markets in the United States through its two business segments: ready-mixed concrete and aggregate products. The Company has 126 standard ready-mixed concrete plants, 16 volumetric ready-mixed concrete facilities, and 10 producing aggregates facilities. During 2013, U.S. Concrete produced approximately 5.2 million cubic yards of ready-mixed concrete and approximately 3.6 million tons of aggregates.