Graymont today confirmed that it has entered into an agreement to sell its New York Materials business to Upstone Materials, Inc., a member of the Barrett Industries Group, a leader in the paving, aggregates and construction sectors. The transaction is expected to close by mid-May 2017.
Graymont’s New York Materials operations are focused on providing construction stone, sand and gravel, asphalt products and ready-mix concrete to meet infrastructure and general construction needs in the region.
Graymont is an emerging global leader in the supply of lime and limestone products. It serves major markets throughout the United States and Canada, and has extended its reach into the Asia-Pacific region. Graymont also has a significant investment in Grupo Calidra, the largest lime producer in Mexico.
About Upstone Materials
Upstone Materials, Inc. is a member of the Barrett Industries Group, which is comprised of a number of subsidiary companies that provide diverse solutions to customers in the paving, aggregates and construction businesses.
Barrett Industries is a subsidiary of Colas USA, the worldwide leader in transportation infrastructure construction and maintenance.
For further information, contact:
Dennis Luba, Vice President of Human Resources – Barrett Industries Group
T +1 973 533-1021
Mathieu Bouchard, Vice President Corporate Affairs, Environment and Sustainability
T +1 450 645-2452