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Summit Materials acquires Sierra Ready Mix

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World Cement,

Summit Materials Inc has acquired Sierra Ready mix, LLC, a vertically integrated aggregates and ready-mix concrete business located in Las Vegas, Nevada. This acquisition gives Summit premier, well-located assets in an expanding market.

Sierra operates a sand and gravel pit and two ready-mix concrete facilities, and has a well-balanced exposure across all end-use segments. Sierra’s management team is remaining in place to continue to grow and develop the business.

Tom Hill, CEO of Summit, stated, “Sierra’s vertically integrated operations are a good fit within our Utah-based Kilgore platform and a very sound entry into Las Vegas, the next large market south of the Wasatch Front in Utah. Sierra has a solid position in a sizeable market at an attractive point in the recovery cycle. We are pleased to welcome Sierra’s truly talented team to our rapidly growing company.”

Adapted from press release by

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