
Alcrete Acquires Florida Concrete Products
Key highlights
- Alcrete acquires Florida Concrete Products LLC to expand into Florida's prestressed bridge market.
- Florida Concrete Products, founded in the 1960s, is a key supplier to the Florida Department of Transportation.
- Acquisition includes production facilities and skilled workforce, boosting Alcrete’s competitiveness.
- Alcrete now operates six manufacturing facilities across five states.
Notable Quotes
“ Alcrete is the right partner to allow Florida Concrete Products to reach its full potential. The company is committed to our employees, customers, and suppliers, and will continue to invest in the business. I believe the company will flourish under Alcrete's ownership. ”
Thomas L. Bond, Director at Florida Concrete Products LLC
“ The acquisition of Florida Concrete Products is transformational for Alcrete. This addition allows Alcrete to enter the prestressed bridge market, expands our existing footprint in the state of Florida for storm & sanitary structures, and positions the company to continue to participate in the state's growing construction market. We are excited to welcome the employees of Florida Concrete Products to the Alcrete Team. ”
Justin D. Norman, CEO at Alcrete LLC
Why This Matters
This acquisition marks a strategic milestone for Alcrete LLC as it broadens its product portfolio and geographic reach. By integrating Florida Concrete Products—a long-standing supplier to the Florida Department of Transportation—Alcrete enters the prestressed concrete bridge market, a critical segment supporting Florida’s robust infrastructure development. Retaining the experienced workforce ensures operational continuity and enhances production capabilities. This move underscores Alcrete’s commitment to investing in key infrastructure markets and positions the company for continued growth amidst Florida’s expanding construction landscape.