Bluegrass Materials Company Agrees to Acquire Four Aggregates Quarries in
the Atlanta Metro Area from Lafarge North America
JACKSONVILLE, Fla. -- January 10, 2013
Bluegrass Materials Company announced today that it has reached an agreement
to purchase the assets of Lafarge North America's Ball Ground, Clayton,
Cumming, and Douglasville quarries located in the Atlanta, Georgia
Ted Baker II, CEO of Bluegrass Materials said, "This is a terrific opportunity
for Bluegrass Materials to continue to build the company and will
significantly expand our aggregates footprint into one of the most dynamic
markets in the country. We are very much looking forward to working with the
employees at these facilities and to continuing the high standard of safety
excellence that they have set."
Bluegrass Materials Company, LLC is a wholly owned subsidiary of Panadero
Aggregates Holdings, LLC ("Panadero"). Panadero was formed in 2010 by John D.
Baker II and Ted Baker II, formerly of Florida Rock Industries, to acquire,
develop and operate aggregates and other construction related materials
businesses. The company currently owns and operates seven rock quarries, one
sand plant and two concrete block manufacturing plants located in Kentucky,
Tennessee, South Carolina and Georgia. For more information about the company,
please visit www.bluegrassmaterials.com.
Panadero Aggregates Holdings, LLC
Ted Baker II, 904 545 0594 - cell
904 701 6670 - office
904 212 0843 - fax
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