January 10, 2014

Bluegrass Materials Announces Maryland Acquisition

Press Contact: Charlie Wodehouse, 904-701-6550

Jacksonville, Fla. – Bluegrass Materials Company announced today that it has reached an agreement to purchase the assets of Lafarge North America’s Maryland aggregates business, which includes operations in the greater Baltimore area and western Maryland.

Ted Baker II, CEO of Bluegrass Materials said, “This acquisition significantly expands our footprint along the eastern seaboard and we are delighted to bring these quarries and their employees into the Bluegrass family.”

Bluegrass Materials Company, LLC is a wholly owned subsidiary of Panadero Aggregates Holdings, LLC (“Panadero”). Panadero was formed in 2010 by John D. Baker II and Ted Baker II, formerly of Florida Rock Industries, to acquire, develop and operate aggregates and other related construction materials businesses. The company currently owns and operates eleven rock quarries, one sand plant and two concrete block manufacturing plants located in Kentucky, Tennessee, South Carolina and Georgia. For more information about the company, please visit www.bluegrassmaterials.com