Vulcan Enhances Growth Strategy With Wake Stone Acquisition
Vulcan(VMC) ZACKS·2024-09-28 00:20
Vulcan Materials Company (VMC) has entered into a definitive agreement to acquire Wake Stone Corporation, a major aggregates supplier in the Carolinas. This acquisition aligns with VMC's aggregates-led strategy of expanding its presence in high-growth regions across the United States. The deal is expected to add more than 60 years of hard rock reserves, particularly benefiting key markets like Raleigh, NC. Wake Stone has built a strong aggregates franchise since its establishment in 1970, sharing many value ...