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StonePoint Materials Announces Acquisition of River Aggregates
HOUSTON, TX — StonePoint Materials LLC (StonePoint) announces the acquisition of River Aggregates, LLC (River). StonePoint Materials is a producer of crushed stone, sand, and gravel serving markets including infrastructure, commercial and residential construction, and energy.
Operating across 10 states, StonePoint has approximately 10 million tons of annual aggregates production. StonePoint operates several subsidiaries including Laurel Aggregates, Winn Materials, Southern Aggregates, McIntosh Construction, Road Builders, and River Aggregates.
River operates two sand and gravel facilities serving Houston and Beaumont Texas. River will complement StonePoint's subsidiary Southern Aggregates, the largest sand and gravel producer in Louisiana. Led by industry veterans Rob Van Til and Carl Davis, who will join the StonePoint team, River provides StonePoint a new Texas platform.
“River provides an excellent starting point for StonePoint's westward expansion into Texas,” said Colin Oerton, Chief Executive Officer of StonePoint. “Having known Rob and Carl for many years, given their strong operational experience, customer, and market knowledge we are excited to have them join our team as we continue growth.”
"Based on customer service, employee satisfaction, industry reputation, and the adjoining Southern Aggregates markets, we considered StonePoint to be a perfect fit for River Aggregates," Van Til said.
Texas Contractor TrendsOperating across 10 states, StonePoint has approximately 10 million tons of annual aggregates production. StonePoint operates several subsidiaries including Laurel Aggregates, Winn Materials, Southern Aggregates, McIntosh Construction, Road Builders, and River Aggregates.
River operates two sand and gravel facilities serving Houston and Beaumont Texas. River will complement StonePoint's subsidiary Southern Aggregates, the largest sand and gravel producer in Louisiana. Led by industry veterans Rob Van Til and Carl Davis, who will join the StonePoint team, River provides StonePoint a new Texas platform.
“River provides an excellent starting point for StonePoint's westward expansion into Texas,” said Colin Oerton, Chief Executive Officer of StonePoint. “Having known Rob and Carl for many years, given their strong operational experience, customer, and market knowledge we are excited to have them join our team as we continue growth.”
"Based on customer service, employee satisfaction, industry reputation, and the adjoining Southern Aggregates markets, we considered StonePoint to be a perfect fit for River Aggregates," Van Til said.
