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Stock impact report

Construction Partners, Inc. Completes Alabama Acquisition

Construction Partners, Inc. (ROAD) 
Last construction partners, inc. earnings: 2/7 07:00 am Check Earnings Report
Company Research Source: PR Newswire
Company Expands into Mobile, AlabamaDOTHAN, Ala., Sept. 10, 2024 /PRNewswire/ -- Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired John G. Walton Construction Company, Inc., headquartered in Mobile, Alabama. In connection with the transaction, the Company added a hot-mix asphalt plant and related crews and equipment serving the greater Mobile and southwestern Alabama market area.Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to announce today's acquisition of John G. Walton Construction Company. With a strategic hot-mix asphalt plant site accessible by both water and rail, this transaction provides us with an exceptional location from which to begin serving the dynamic and rapidly growing Mobile metro area. We now have plants in the four lar Show less Read more
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