U.S. Concrete Expands Its EF Technology® Line of Sustainable Concrete Product Offerings
U.S. Concrete, Inc. (OTCBB: USCR) today announced that its subsidiary, Central Concrete Supply Co., Inc., has entered into an agreement with Pervious Plus, Inc. of Citrus Heights, California, to market and produce pervious concrete utilizing Pervious Plus™, a specialty chemical admixture designed to improve pervious concrete.
San Jose, CA, January 25, 2011 --(PR.com)-- U.S. Concrete, Inc. (OTCBB: USCR) today announced that its subsidiary, Central Concrete Supply Co., Inc., has entered into an agreement with Pervious Plus, Inc. of Citrus Heights, California, to market and produce pervious concrete utilizing Pervious Plus™, a specialty chemical admixture designed to improve pervious concrete. Central Concrete Supply, an industry leader in producing sustainable concrete in Northern California through its development of EF Technology®, has been producing pervious concrete since 2000.
The introduction of Pervious Plus™ into the manufacturing process will allow Central Concrete Supply to enhance the workability of its pervious concrete and improve the durability of the finished product, providing value to both the contractor and the project owner. Architects, engineers and other design professionals involved in sustainable projects will benefit from this superior product. Pervious concrete is an alternative concrete mix design that has an open void structure which allows water to drain directly through the concrete. When used for pavement of parking lots, driveways and sidewalks, pervious concrete provides an environmental benefit and an alternative storm water management option. Not only can pervious concrete reduce storm water runoff, it can also eliminate the need for retention basins, thus limiting the amount of unusable land in large development projects.
"We believe Pervious Plus™ will allow us to provide a higher quality product and give our customers greater assurance about the success of their pervious concrete projects," said Dave Perry, Vice President of Marketing and Sales for Central Concrete Supply. "While we are committed to developing and supplying sustainable concrete products, we understand we must do this in a cost effective manner and our use of Pervious Plus™ helps us achieve this goal."
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 concrete-related products; and precast concrete. The Company has 101 fixed and 11 portable ready-mixed concrete plants, seven precast concrete plants and seven producing aggregates facilities. During 2009 (including acquired volumes), these plant facilities produced approximately 4.0 million cubic yards of ready-mixed concrete and 3.0 million tons of aggregates. For more information on U.S. Concrete, visit www.us-concrete.com.
About Pervious Plus, Inc.
Pervious Plus™ was developed by two NRMCA Certified Craftsmen while specializing in the installation and maintenance of pervious concrete projects throughout the western United States. Pervious Plus, Inc. is headquartered in Sacramento, California. For more information on Pervious Plus, Inc., visit
www.perviousplus.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains various forward-looking statements and information that are based on management's beliefs, as well as assumptions made by and information currently available to management. These forward-looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward-looking information includes, but is not limited to the benefits of the introduction of Pervious Plus™ into Central Concrete’s manufacturing process. Although U.S. Concrete believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including, among other matters: general and regional economic conditions; the level of activity in the construction industry, the ability of U.S. Concrete to complete acquisitions and to effectively integrate the operations of acquired companies; development of adequate management infrastructure; departure of key personnel; access to labor; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of U.S. Concrete's business; adverse weather conditions; the availability and pricing of raw materials; and general risks related to the industry and markets in which U.S. Concrete operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. These risks, as well as others, are discussed in greater detail in U.S. Concrete's filings with the Securities and Exchange Commission; including U.S. Concrete's Annual Report on Form 10-K for the year ended December 31, 2009 and its Form 10-Q for the nine months ended September 30, 2010.
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The introduction of Pervious Plus™ into the manufacturing process will allow Central Concrete Supply to enhance the workability of its pervious concrete and improve the durability of the finished product, providing value to both the contractor and the project owner. Architects, engineers and other design professionals involved in sustainable projects will benefit from this superior product. Pervious concrete is an alternative concrete mix design that has an open void structure which allows water to drain directly through the concrete. When used for pavement of parking lots, driveways and sidewalks, pervious concrete provides an environmental benefit and an alternative storm water management option. Not only can pervious concrete reduce storm water runoff, it can also eliminate the need for retention basins, thus limiting the amount of unusable land in large development projects.
"We believe Pervious Plus™ will allow us to provide a higher quality product and give our customers greater assurance about the success of their pervious concrete projects," said Dave Perry, Vice President of Marketing and Sales for Central Concrete Supply. "While we are committed to developing and supplying sustainable concrete products, we understand we must do this in a cost effective manner and our use of Pervious Plus™ helps us achieve this goal."
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 concrete-related products; and precast concrete. The Company has 101 fixed and 11 portable ready-mixed concrete plants, seven precast concrete plants and seven producing aggregates facilities. During 2009 (including acquired volumes), these plant facilities produced approximately 4.0 million cubic yards of ready-mixed concrete and 3.0 million tons of aggregates. For more information on U.S. Concrete, visit www.us-concrete.com.
About Pervious Plus, Inc.
Pervious Plus™ was developed by two NRMCA Certified Craftsmen while specializing in the installation and maintenance of pervious concrete projects throughout the western United States. Pervious Plus, Inc. is headquartered in Sacramento, California. For more information on Pervious Plus, Inc., visit
www.perviousplus.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains various forward-looking statements and information that are based on management's beliefs, as well as assumptions made by and information currently available to management. These forward-looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward-looking information includes, but is not limited to the benefits of the introduction of Pervious Plus™ into Central Concrete’s manufacturing process. Although U.S. Concrete believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including, among other matters: general and regional economic conditions; the level of activity in the construction industry, the ability of U.S. Concrete to complete acquisitions and to effectively integrate the operations of acquired companies; development of adequate management infrastructure; departure of key personnel; access to labor; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of U.S. Concrete's business; adverse weather conditions; the availability and pricing of raw materials; and general risks related to the industry and markets in which U.S. Concrete operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. These risks, as well as others, are discussed in greater detail in U.S. Concrete's filings with the Securities and Exchange Commission; including U.S. Concrete's Annual Report on Form 10-K for the year ended December 31, 2009 and its Form 10-Q for the nine months ended September 30, 2010.
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Contact
US Concrete
Wade Khalil
713-499-6223
www.us-concrete.com
Wade Khalil
713-499-6223
www.us-concrete.com
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