Acquisition Expands Company's Production in Canadian and U.S. Markets
DALLAS, Aug. 15 /CNW/ -- Hanson Paver Products, Inc., a division of
Hanson Building Products North America, today announced the purchase of the
stock of NAVASTONE, a leading supplier of Concrete Pavers and Retaining Wall
products in Canada and the United States. Following the recent Perma Paving
Stone acquisition, Hanson continues to expand its North American operations.
The acquisition includes manufacturing and distribution facilities in
Cambridge, Ontario, just south of Toronto and Cement City, Michigan, and
distribution centers in Morris, Illinois and York, Pennsylvania.
"By joining with NAVASTONE, Hanson gains immediate access into the
Midwest and Northeast markets and extends its reach into the Greater Toronto
Area market," said Rick Chatellier, president of Hanson Paver Products, Inc.
"This move also enables Hanson to expand its product offering and service to
the greater Chicago area's Paver market."
Added Richard Manning, Hanson Building Products North America's President
and CEO, "The NAVASTONE acquisition along with Hanson's Pipe, Precast and
Brick operations will enable us to supply a full range of building products to
the construction industry in Canada."
NAVASTONE's company history dates back to 1969 when it was first founded
as B&B Concrete and produced only concrete paving slabs. The name NAVASTONE
came about in 2002 to represent the company's new focus on "value-added" and
high margin products. The facilities will double Hanson's production capacity
of Pavers and Retaining Wall products in Canada, and add a new product line
not currently offered by Hanson in the Greater Toronto Area. NAVASTONE will
become part of Hanson Paver Products, Inc., which has five locations in
Florida and four in the Greater Toronto Area.
About Hanson Paver Products, Inc.
Considered by many to be the modern replacement to concrete and asphalt
planning since 1989 Hanson Paver Products, Inc. has produced more than 200
million square feet of pavers that have been installed in Florida. The
application of its "facemix" pavers includes locations such as Department of
Transportation projects, city and municipality streetscapes, roadways and many
commercial and residential award-winning projects.
About Hanson Building Products North America
Hanson Building Products North America, a division of Hanson PLC, is
comprised of Hanson Brick, Hanson Roof Tile, Hanson Pipe & Precast, Hanson
Structural Precast and Hanson Paver Products. Hanson Brick is the largest
brick producer in North America. Hanson Roof Tile is a leading manufacturer of
concrete roof tile in the United States. Hanson Pipe & Precast is a
manufacturer of concrete pipe; precast concrete products including manholes,
drainage structures, box culverts, bridge components, retaining walls and
concrete block; and steel and concrete pressure pipe. Hanson Structural
Precast produces products used in commercial, residential and educational
buildings, sports facilities, bridges and parking structures. Hanson Paver
Products produces decorative concrete pavers for residential and commercial
building. For more information, please visit http://www.hansonbrick.com,
Hanson Building Products North America has grown and prospered into an
organization of more than 7,400 employees and 140 facilities with products
available throughout the U.S. and Canada. To learn more about Hanson's
quality products, services and building technology please visit
About Hanson PLC
Hanson is one of the world's largest suppliers of heavy building
materials to the construction industry, with turnover in 2006 of pounds
stering 4.1bn. Our products fall into two categories: 'aggregates' (crushed
rock, sand and gravel, ready-mixed concrete, asphalt and cement related
products) and 'building products' (concrete pipes, pre-cast products, concrete
pavers, blocks, tiles and clay bricks). We employ approximately 26,000 people,
operating primarily in North America, the UK and Australia with further
operations in Asia Pacific and Continental Europe.
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For further information:
For further information: Antoinette Vega of The Powell Group,
+1-214-522-6005, ext. 106, email@example.com, for Hanson Paver Products,
Inc. Web Site: http://www.hanson.com