U.S. Concrete Expands Credit Facility

U.S. Concrete Expands Credit Facility

EULESS, Texas, April 1, 2013 (GLOBE NEWSWIRE) -- On March 28, 2013, U.S.
Concrete, Inc. (Nasdaq:USCR) (the "Company" or "U.S. Concrete") amended its
asset based credit agreement to increase the total commitments under the
facility from $80 million to $102.5 million. The expiration date of the credit
facility remains July 1, 2015 and the facility retains an uncommitted
accordion feature that may allow for an increase in the total commitments
under the facility to as much as $125 million. Availability under the facility
is subject to certain conditions including the calculation of a borrowing
base.U.S. Concrete President and Chief Executive Officer, William J.
Sandbrook, said, "This increase in commitments provides the Company with
additional liquidity to fund future acquisitions and other value-creating
investments as we execute on our strategic plan."

For more information on this transaction, please see the Company's Current
Report on Form 8-K filed April 1, 2013, visit
http://www.us-concrete.com/sec.asp or contact U.S. Concrete at 817-835-4111 or
lrussell@us-concrete.com.

About U.S. Concrete, Inc.

U.S. Concrete services the construction industry in several major markets in
the United States through its two business segments: ready-mixed concrete and
aggregate products. As of the date of this press release, the Company has 101
fixed and 11 portable ready-mixed concrete plants and seven producing
aggregates facilities. During 2012, these plant facilities produced
approximately 4.8 million cubic yards of ready-mixed concrete and 3.3 million
tons of aggregates. For more information on U.S. Concrete, visit
www.us-concrete.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains various forward-looking statements and information
that are based on management's beliefs, as well as assumptions made by and
information currently available to management. These forward-looking
statements speak only as of the date of this press release. U.S. Concrete
disclaims any obligation to update these statements and cautions you not to
rely unduly on them. Although U.S. Concrete believes that the expectations
reflected in such forward-looking statements are reasonable, it can give no
assurance that those expectations will prove to have been correct. These
forward-looking statements are subject to risks and uncertainties that may
cause actual results to differ materially, including the possibility that the
anticipated benefits from such activities, events, developments or
transactions cannot be fully realized or the possibility that costs or
difficulties related thereto will be greater than expected. Should one or more
of these risks materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those expected. Additional risks
affecting U.S. Concrete are discussed in greater detail in U.S. Concrete's
filings with the Securities and Exchange Commission, including U.S. Concrete's
Annual Report on Form 10-K for the year ended December 31, 2012.

CONTACT: Matt Brown, SVP & CFO
         U.S. Concrete, Inc.
         817-835-4105

U.S. Concrete logo
 
Press spacebar to pause and continue. Press esc to stop.