Eastern Concrete Introduces New Line of Storm-Resistant Concrete
Euless, TX . January 7, 2013 - Eastern Concrete Materials, Inc., a U.S. Concrete, Inc. (NASDAQ-USCR) company, has announced the introduction of two new high-performance concrete products: Con-TiteTM EF Waterproof Concrete and Sea-SiteTM EF Saltwater-Resistant Concrete. Built on U.S. Concrete's EF Technology® platform of environmentally friendly concrete mix designs, the new products are targeted for use in rebuilding ravaged areas affected by Superstorm Sandy and protecting concrete structures subject to damage from water, and air or waterborne salts. The products are immediately available to the New York metropolitan and northern New Jersey construction markets.
Con-Tite EF Waterproof Concrete eliminates the need for the corrosion inhibiting admixtures used to protect the steel reinforcement that holds concrete together when it cracks and it can also eliminate the need for surface-applied vapor barriers. Sea-Site EF Saltwater-Resistant Concrete is a highly durable, crack-resistant slag and cement concrete mix that helps protect steel reinforcement from corrosion, self-heals small cracks, resists dirt and washes off more easily than ordinary concrete. Sea-Site can also be used in underwater placement applications.
According to Gary C. Graziano, AIA, Eastern Concrete's vice president of sales and marketing, "EF Technology concrete mixes are not only better for the environment, but also deliver superior long-term performance that produces less shrinkage, cracking and permeability than conventional concrete mixes. As a result, they are stronger, cleaner, greener, better-looking and more durable."
For more information about Eastern Concrete's new Con-Tite EF Waterproof Concrete and Sea-Site EF Saltwater- Resistant Concrete and other product offerings, contact Gary Graziano at 201.693.9761.
ABOUT U.S. CONCRETE
With locations serving major construction markets in the United States (California, Texas, Oklahoma, New York, New Jersey and Washington, D.C.), U.S. Concrete's operating companies have been able to effectively meet the challenges inherent in large-scale projects. The company has supplied concrete for high profile, green building projects such as the San Francisco Public Utilities Headquarters, San Francisco Academy of Sciences, and One World Trade Center.
As of the date of this press release, The Company has 101 fixed and 13 portable ready-mixed concrete plants, one precast concrete plant and seven producing aggregates facilities. During 2011, these plant facilities produced approximately 4.3 million cubic yards of ready-mixed concrete from continuing operations and 3 million tons of aggregates. For more information on U.S. Concrete, please visit: http://www.us-concrete.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release contains various forward-looking statements and information that are based on management's belief, as well as assumptions made by and information currently available to management. These forward]looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward]looking information includes, but is not limited to, statements regarding: the stability of the business; encouraging nature of third quarter volume and pricing increases; ready]mix backlog; ability to maintain our cost structure and the improvements achieved during our restructuring and monitor fixed costs; ability to maximize liquidity, manage variable costs, control capital spending and monitor working capital usage; and the adequacy of current liquidity. Although U.S. Concrete believes that the expectations reflected in such forward]looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including, among other matters: general and regional economic conditions; the level of activity in the construction industry; the ability of U.S. Concrete to complete acquisitions and to effectively integrate the operations of acquired companies; development of adequate management infrastructure; departure of key personnel; access to labor; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of U.S. Concrete's business; adverse weather conditions; the availability and pricing of raw materials; the availability of refinancing alternatives; and general risks related to the industry and markets in which U.S. Concrete operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those expected. These risks, as well as others, are discussed in greater detail in U.S. Concrete's filings with the Securities and Exchange Commission, including U.S. Concrete's Annual Report on Form 10-K for the year ended December 31, 2011 and subsequent Quarterly Reports on Form 10-Q.
CONTACT: Wade Khalil U.S. Concrete, Inc. 832.858.1274