U.S. Concrete Added to Russell 2000 Index
EULESS, Texas, July 9, 2013 (GLOBE NEWSWIRE) -- U.S. Concrete, Inc.
(Nasdaq:USCR) ("U.S. Concrete") today announced that it has been added as a
member of the U.S. small-cap Russell 2000 Index, a subset of the Russell 3000
Index. The Russell 3000 Index measures the performance of the largest 3,000
U.S. companies representing approximately 98% of the investable U.S. equity
market.The Russell 2000 Index represents approximately 10% of the total
market capitalization of the Russell 3000 Index and includes approximately
2,000 of the smallest securities in the Russell 3000 Index based on a
combination of their market cap and current index membership.Membership in
the Russell indices was finalized after the equity markets closed on June 28,
2013 and is subject to annual reconstitution by Russell Investments.
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
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 and its
subsequent filings on Form 10-Q.
CONTACT: Matt Brown, SVP & CFO
U.S. Concrete, Inc.
U.S. Concrete logo
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