U.S. Concrete's San Francisco Bay Area Operating Company to Supply Low-CO2
Concrete Mixes for New San Jose Earthquakes Stadium
Mixes Will Reduce Soccer Stadium's Carbon Footprint by One Million Pounds in
EULESS, Texas, Sept. 26, 2013 (GLOBE NEWSWIRE) -- Central Concrete Supply Co.,
Inc., a business unit of U.S. Concrete, Inc. (Nasdaq:USCR), and the leader in
delivering low-CO concrete to the San Francisco Bay Area, today announced
that it will be initiating placements of its high-performing, low-CO
concrete mixes for the San Jose Earthquakes Stadium on September 27. The first
concrete placement for the foundation marks a key milestone for the San Jose
Earthquakes Stadium construction project. The stadium will be the new home for
San Jose's Major League Soccer team, the San Jose Earthquakes.
Central Concrete's Mixes will Reduce Carbon Footprint by One Million Lbs. In
Central Concrete will be supplying an estimated 12,000 cubic yards of its
concrete, including low-CO mixes for the San Jose Earthquakes Stadium's
foundations and walls, interior and exterior slabs, and other applications.
Central Concrete's low-CO mixes significantly cut the Portland cement
content of the concrete mix (a major contributor to green house gas emissions)
and will result in an estimated net savings of one million pounds in CO
emissions from embodied carbon, compared to traditional concrete mixes.
General contractor, Devcon Construction, Inc., and subcontractor Joseph J.
Albanese, Inc. selected Central Concrete for the Earthquakes Stadium project.
"We selected Central Concrete based on our shared partnerships working on
large-scale concrete projects, including the new San Francisco 49ers stadium,"
said Gary Filizetti, president, Devcon Construction, Inc. "The fact that
Central Concrete excels not only in concrete performance, but also in mixes
that reduce the carbon footprint, was very important to us."
"Central Concrete has been a key concrete supplier of ours for more than 55
years," said John Albanese, president and CEO, Joseph J. Albanese, Inc.
"Together, we share the same work ethic of 'just getting it done' with a
commitment to safety and quality. We look forward to working with Central
Concrete on this landmark project."
*Central Concrete: www.centralconcrete.com
*Devcon Construction: http://www.devcon-const.com
*Joseph J. Albanese, Inc.: http://www.jjalbanese.com
*San Jose Earthquakes: http://www.sjearthquakes.com
About Central Concrete
Central Concrete Supply Co., Inc., a business unit of U.S. Concrete, Inc.
(Nasdaq:USCR), has been serving the San Francisco Bay Area for more than 60
years. The company is recognized for engineering higher-performing concrete
than traditional concrete while significantly lowering carbon footprints with
its low-C0 mixes.
Unlike traditional concrete, Central Concrete's standard mixes deliver 50% or
greater cement replacement materials, thereby significantly reducing the
carbon footprint of the project under construction. Central Concrete is
recognized for supplying its low-CO mixes to numerous San Francisco Bay
Area signature projects, including the Cathedral of Christ the Light Church,
Oakland; California Academy of Sciences, San Francisco (world's greenest
museum); NASA Ames Sustainability Base, Mountain View (greenest federal
building in the U.S.); David and Lucile Packard Foundation, Los Altos (largest
net-zero private office building in Calif.); the San Francisco Public
Utilities Commission headquarters (San Francisco's greenest office building);
the new Santa Clara San Francisco 49ers stadium; and the San Francisco-Oakland
With 12 locations in the San Francisco Bay Area, Central Concrete offers
multiple points of service to meet the diverse operational needs of its
customers. For more information, visit www.centralconcrete.com.
About U.S. Concrete
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. The Company has 105 fixed and 10 portable ready-mixed
concrete plants and seven producing aggregates facilities. During 2012, U.S.
Concrete produced approximately 4.8 million cubic yards of ready-mixed
concrete and approximately 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 belief, 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. The Company
disclaims any obligation to update these statements and cautions you not to
rely unduly on them. Forward-looking information includes, but is not limited
to, statements regarding: the stability of the business; ready-mix backlog;
ability to maintain our cost structure and the improvements achieved during
our restructuring; ability to maximize liquidity, monitor fixed costs, manage
variable costs, control capital spending and monitor working capital usage;
and the adequacy of current liquidity. 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. Such statements are subject to certain risks, uncertainties and
assumptions, including, among other matters: general and regional economic
conditions; the level of activity in the construction industry; the ability of
U.S. Concrete to complete acquisitions and to effectively integrate the
operations of acquired companies; development of adequate management
infrastructure; departure of key personnel; access to labor; union disruption;
competitive factors; government regulations; exposure to environmental and
other liabilities; the cyclical and seasonal nature of U.S. Concrete's
business; adverse weather conditions; the availability and pricing of raw
materials; the availability of refinancing alternatives; and general risks
related to the industry and markets in which U.S. Concrete operates. Should
one or more of these risks materialize, or should underlying assumptions prove
incorrect, actual results or outcomes may vary materially from those expected.
These risks, as well as others, 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
subsequent Quarterly Reports on Form 10-Q.
CONTACT: Company Contacts:
Marketing Communications, U.S. Concrete
Marketing and Communications, Central Concrete
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