Alcrete LLC Completes Acquisition of Carter Concrete Products LLC

OAKBROOK TERRACE, IL / ACCESSWIRE / June 19, 2024 / Alcrete LLC, a leading provider of precast concrete products, has announced the acquisition of Carter Concrete Products LLC. This acquisition includes Carter Concrete Products' production facilities and its 17-acre manufacturing site in Boaz, Kentucky. The move will enable Alcrete to expand its market reach and serve new geographic areas.

"We are pleased to welcome the employees of Carter Concrete Products to the Alcrete team," said Justin D. Norman, CEO of Alcrete LLC. He emphasized the growth potential and legacy of Carter Concrete Products. The location in western Kentucky will allow Alcrete to access markets in Kentucky, Illinois, Missouri, and Tennessee.

Carter Concrete Products, operational since the 1930s, has been led by four generations of the Carter family. Bruce Carter, president of Carter Concrete Products, expressed confidence in Alcrete's ability to honor and expand the company’s legacy, creating new opportunities for its employees.

The acquisition terms include all production facilities and equipment. Alcrete plans to retain the skilled workforce, thereby enhancing its production capabilities and competitiveness in the precast concrete market.