Contractors Hot Line is part of the Catalyst Communications Network publication family.
Contractors Hot Line is part of the Catalyst Communications Network publication family.
Heidelberg Materials North America has announced a definitive agreement to acquire Carver Sand & Gravel, the largest aggregates producer in the Albany, New York area. The acquisition includes four quarries, three sand and gravel pits, a trucking business, two asphalt plants, 70 million metric tons of reserves, and approximately 200 employees. Additionally, Heidelberg Materials and Carver Companies have formed a strategic partnership for land and marine logistics in the Albany area.
Carver Sand & Gravel, based in New York’s Capital Region, annually sells around 1.8 million metric tons of materials, with a capacity of up to 3 million metric tons. The acquisition enhances Heidelberg Materials' existing footprint in Central New York and extends its reach into the growing Capital Region, known for its vibrant tech hub and diverse industries.
“This latest acquisition is reflective of our continued focus on optimizing our portfolio in core markets and growing our existing businesses through bolt-on acquisitions,” said Chris Ward, president and CEO of Heidelberg Materials North America. “We are excited about expanding our reach in this growing market and welcoming the Carver Sand & Gravel employees to our North American team.”