Construction Partners, Inc. to Construct Glass Sand Manufacturing Facility
Construction Partners, Inc. (ROAD)
Last construction partners, inc. earnings: 2/7 07:00 am
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Source: GlobeNewswire
DOTHAN, Ala., March 11, 2020 (GLOBE NEWSWIRE) -- Construction Partners, Inc. (NASDAQ: ROAD) (the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that its wholly owned subsidiary, The Scruggs Company, will invest approximately $4.2 million to construct a new sand processing facility adjacent to its existing sand mine in Adel, Georgia. The new facility will process aggregate materials from the mine to produce furnace-ready sand of a sufficient quality to be used in the manufacture of glass. The glass sand represents a new product market for the Company to be derived from its existing mining operations. “In addition to the revenue and gross profit we expect to realize from the new sand processing facility, the increased volume of sand we expect to sell as a result of this new product should incrementally reduce the overall production costs of our current min
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ROAD
Earnings
- 8/9/24 - Beat
ROAD
Sec Filings
- 11/13/24 - Form SC
- 11/4/24 - Form D
- 11/4/24 - Form 8-K
- ROAD's page on the SEC website