Construction Partners, Inc | November 03, 2020
Construction Partners, Inc. (NASDAQ: ROAD) (the "Company" or "Construction Partners"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired Rose Brothers Paving Company, Inc., an asphalt and paving contractor based in Ahoskie, North Carolina. The transaction adds six hot-mix asphalt plants in eastern North Carolina, providing the Company with access to additional markets and expanding its footprint in the state. The Company expects to continue to operate under the name "Rose Brothers Paving Company" in certain of the acquired markets."This transaction represents an important strategic step for our organization as we expand into new North Carolina markets," said Fred J. (Jule) Smith, III, Chief Operating Officer of Construction Partners. "We welcome our new team members and look forward to a bright future in these market areas under the continuing leadership of Tim Rose and his team."Smith continued, "We are bullish on the North Carolina market and believe that long-term demographic trends and recent transportation funding initiatives are creating tailwinds for infrastructure and economic development in the state. As a result of the Rose Brothers transaction and our previously announced acquisition of Riley Paving, Inc. in October, we now have 15 hot-mix asphalt plants strategically located throughout North Carolina and 45 hot-mix asphalt plants company-wide."
Ardurra Group,Inc | October 12, 2021
Ardurra Group, Inc. (Ardurra) has acquired and merged with Fulghum, MacIndoe & Associates, Inc. (FMA)., a water/civil engineering and construction management firm.Ardurra Group is an Engineering News-Record Top 500 firm providing consulting and engineering services to public and private entities throughout the United States. With the addition of FMA, Ardurra further expands its presence in the Southeast by adding Tennessee to its locations.FMA will operate as FMA, an Ardurra Group Company, from its office in Knoxville, TN.
"FMA’s core values, which include integrity, teamwork, hard work, on time, mastering your craft, having fun, and no drama, were values that resonated with us. This is completely in-line with our culture and core mission. This addition to the Ardurra family solidifies our Southeast presence and complements our service offerings.”
-Ardurra’s President & CEO, Ernesto Aguilar
Billy Fulghum, FMA Co-Founder adds, “This is a great opportunity for us to grow and expand our opportunities and capabilities. We are proud to join the Ardurra family!
“FMA’s alignment with the Ardurra’s team is spot on! Their approach to collaboration and diverse resources enable FMA to immediately enhance its internal and external capabilities while providing a continued focus on staff growth and professional development. We’re very excited to join the Ardurra Group.”
-Mike MacIndoe, FMA Co-Founder
Christopher Lee, Co-Founder and Managing Partner at RTC Partners added, “We are excited to add the FMA team to the Ardurra platform. This addition is a fantastic strategic and cultural fit and we look forward to building on our national presence with their experience and strong track record of success.
Ardurra Group, Incoperates as a portfolio company of RTC Partners, LP. RTC Partners is a New York-based private equity firm that partners with managers of middle market companies to unlock growth opportunities. Further information is available at www.rtcpartners.com.
Hybrid Tech | July 14, 2021
Goldcann International Inc., a Canadian company, based in Toronto, Ontario, is delighted to announce that it has signed a contract with Hybrid Tech, LLC, a global leader in the design and construction of cannabis extraction facilities. As a result, work on the feasibility and engineering requirements for the Company's 40,000 sq. ft. extraction, processing, and packaging facility, which will produce cannabis products for the Mexican retail market, will commence immediately.
The plant will be built on 14,000 square meters of fully serviced property in Mazatlan, on Mexico's Pacific coast, to produce cannabidiol (CBD) oil and other health and wellness products under the Aztecann brand. Construction is expected to begin soon after Goldcann is granted a license under the new cannabis laws, which is now expected to be signed into law in late September or early October.
The Fast-Track technique developed by Hybrid Tech is a one-of-a-kind process that delivers properly envisioned, fully operational, technologically sophisticated facilities in the shortest time possible without sacrificing quality or performance. Hybrid Tech has developed and built over 170 cannabis and hemp facilities totaling more than 3 million square feet of processing space.
About GoldCann International Inc.
Goldcann International Inc. is a community-oriented wellness company that plans to specialize in the manufacture of Cannabidiol (CBD) and other cannabinoids for the Mexican market. GoldCann's activities reflect the best of local traditions and culture while adhering to the current Mexican government's commitment to upholding the highest quality standards and maximizing social benefits for underprivileged individuals and communities.
About Hybrid Tech
Hybrid Tech designs cultivation, manufacturing, and extraction facilities, addressing the complexities of developing process innovation with cost-effectiveness. Hybrid Tech brings the project to life, from conceptual design and feasibility studies through permit applications and equipment selection. Hybrid Tech is one of the most experienced firms in the cannabis sector, having successfully worked on over 170 cannabis-specific projects totaling over 3 million square feet in the United States and Canada since 2014.