Americast, Inc. Acquires Mack Industries Concrete OperationAshland, Virginia -- December 8, 2008Privately owned Americast, Inc. and Ohio-based Mack Industries have announced today that the companies have signed a definitive agreement under which Americast will acquire Mack Industry’s precast concrete plant in Martinsburg, West Virginia. Like Americast, the Mack facility manufactures quality precast concrete products to Virginia, Maryland and West Virginia. In January 2006, Americast was notified by the Department of Homeland Security that the U.S. Customs and Border Patrol Training facility wanted to expand adjacent to Americast’s Halltown, West Virginia plant. By summer 2008 Americast and the U.S. Government came to an agreement on the sale of Americast’s West Virginia property, located just outside of Harper’s Ferry. Late this fall, Americast approached Mack Industries to purchase their Martinsburg, West Virginia precast concrete plant. With just 20 miles between the two West Virginia facilities and comparable product lines, the acquisition will enable Americast’s Halltown operation to relocate easily and seamlessly to the Martinsburg, WV facility. “The addition of Mack’s Martinsburg facility will allow us to continue business without disrupting our customers or employees.” said Bill Tichacek, president, Americast, Inc. “This acquisition will continue to strengthen Americast as a leading provider of quality precast concrete solutions in the mid-Atlantic region.” The acquisition was finalized on December 3, 2008.
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