02/18/2015

Bluegrass Materials Announces Acquisition of Maryland Materials, Inc.

Press Contact: Charlie Wodehouse, 904-701-6550

Jacksonville, Fla. – Bluegrass Materials Company announced today that it has reached an agreement to purchase Maryland Materials Inc., a granite and trap rock quarry located in North East, Maryland that has been operated by the Petrillo and Julian families since 1959.

Ted Baker II, CEO of Bluegrass Materials said, “This quarry is an excellent bolt-on acquisition to our existing Maryland footprint, in addition to providing us rail access to surrounding markets. We very much appreciate the faith that the Petrillos and Julians have put in our company to continue the great business their families started over 55 years ago, and we are excited to welcome the employees of Maryland Materials 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 seventeen rock quarries, one sand plant and two concrete block manufacturing plants located in Kentucky, Tennessee, South Carolina, Georgia, Pennsylvania, and Maryland. For more information about the company, please visit www.bluegrassmaterials.com

01/10/2014

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

01/10/2013

Bluegrass Materials Company Agrees to Acquire Four Aggregates Quarries in the Atlanta Metro Area from Lafarge North America

Jacksonville, Florida ‐ Bluegrass Materials Company announced today that it has reached an agreement to purchase the assets of Lafarge North America’s Ball Ground, Clayton, Cumming, and Douglasville quarries located in the Atlanta, Georgia Metropolitan Area.

Ted Baker II, CEO of Bluegrass Materials said, “This is a terrific opportunity for Bluegrass Materials to continue to build the company and will significantly expand our aggregates footprint into one of the most dynamic markets in the country. We are very much looking forward to working with the employees at these facilities and to continuing the high standard of safety excellence that they have set.”

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 construction related materials businesses. The company currently owns and operates seven 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

07/20/2012

Bluegrass Materials Company acquires Assets of East Tennessee Materials, LLC

Bluegrass Materials Company, LLC (Bluegrass), a construction materials company based in Jacksonville, FL, today announced that it has completed the purchase of the assets of East Tennessee Materials, LLC, a limestone mining operation located in Calhoun, Tennessee.

Ted Baker II, CEO of Bluegrass stated, “We are delighted to add another great quarry to our portfolio. East Tennessee Materials is a terrific operation in a high growth area with long term reserves and, most importantly, a great team that has been well led by Tim Townhill and Scott Alexander. We are looking forward to working with the very talented group of employees and strong customer base that East Tennessee Materials has developed and we are very pleased to add our first operation in the state of Tennessee.”

Bluegrass 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 aggregates and other construction materials businesses.

08/24/2010

Bluegrass Materials Company acquires Cemex Kentucky Assets

Bluegrass Materials Company, LLC (Bluegrass), a construction materials company based in Bowling Green, KY, today announced that it has completed the purchase of seven aggregates quarries, three resale aggregates distribution centers, and one concrete block manufacturing facility in Kentucky from CEMEX, S.A.B de C.V. (NYSE: CX).

Ted Baker II, CEO of Bluegrass stated, “We are very excited to announce our first acquisition – these are a terrific, highly profitable group of assets that create a platform from which to launch our growth strategy in the aggregates business.   We are especially looking forward to working with an experienced and effective team of employees who have achieved a high standard of safety and operational excellence at these facilities.”

Bluegrass 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 aggregates and other construction materials businesses.