2022 SRM Concrete, All Rights Reserved. Included in this acquisition are 28 ready-mix locations in New York, New Jersey, and Pennsylvania. SRM Concrete's Huge Success Due to Teamwork of Family The SRM Materials Division, for instance, provides a vast range of products made or mined at facilities from Michigan to Florida, and as far west as Texas. Terex MP, global manufacturer of materials processing and lifting machinery, announced the purchase of MARCO, a manufacturer of bulk material handling conveyors, based in Mt. SRM opens new plant in St. Augustine, Florida. SRM acquires Bigos Precast based in Fowlerville, Michigan. From manufacturers such as Cedarapids, Doppstadt, Extec, Kleemann, McCloskey, Metso, Nordberg, Pioneer, Powerscreen, Screen Machine, Superior, Terex, and more. At-a-glance. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. After meeting with the companys new team members, SRM Chairman, Mike Hollingshead stated, We are looking forward to building relationships with our new SRM team members and their families for years to come.. Social Responsibilty SRM Concrete products are designed to increase the strength, workability, and quality of the concrete our customers receive. Visit Website. This document is intended to be provided only to wholesale clients within the meaning of section 761G of the Corporations Act 2001. Back in 1999, Mike and Melissa Hollingshead decided that they needed to build a ready-mix concrete plant in their own Middle Tennessee backyard. Our Team SAN DIEGO (August 5, 2014) - The Greystone Group announced today that it served as exclusive financial advisor to Harper Industries, Inc. in the sale of its subsidiary, Metro Ready Mix Concrete to Smyrna Ready Mix Concrete.Metro Ready Mix is the 3 rd transaction managed by Greystone for Harper in the past 5 years. Looking for more information? What's more unusual is the fact that in only 22 years, Mike and Melissa's operation is today a huge company that employs a staggering 4,000 employees working in 13 states. Nashville, TN 37208. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. US: Argos USA has agreed to sell a total of 23 US ready-mix concrete batching plants to Smyrna Ready Mix Concrete for US$93m. Company Store (615) 922-8300 (Espaol), SRM 401(k) Profit Sharing Plan and Trust Annual Notice. AND/OR ITS AFFILIATES. Although it was not an inexpensive proposition to do so, and with little money of their own, the couple scraped together enough to erect what is today known as Smyrna Plant 1, a larger and still fully operational facility at 4500 Hickory Grove Road in Murfreesboro. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.The ratings have been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure.These ratings are solicited. "That is what made him want to put up his own concrete plant.". "Going forward, we expect this management team to remain focused on execution, pursue additional tuck-in acquisitions, and remain committed to a conservative financial policy. SRM Concrete locations. Smyrna Ready Mix prints upsized secured notes to yield 6%; terms close alert. SRM Concrete is pleased to announce the acquisition of USC-Atlantic, LLC, a subsidiary of U.S. Smyrna Ready Mix Concrete, LLC manufactures and supplies concrete products. Price talk for the seven-year covenant-lite term loan B is L+375-400, with a 0.75% Libor floor, offered at 99. Within six months of launching SRM Concrete, though, other area concrete finishers took note of the new plant and began ordering from the family business. SRM acquires Florida based Florida Roads. BBB Business Profiles may not be reproduced for sales or promotional purposes. We started Smyrna Ready Mix to service our own concrete needs, because we were not receiving reliable customer service from the local ready-mix companies. SRM Concrete's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees.
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