Central Concrete Completes Concrete Work for the New San Francisco 49ers Levi’s Stadium
Central Concrete Joins Fellow Contractors for Ribbon-Cutting Ceremony
SAN JOSE, Calif., July 17, 2014 — Central Concrete Supply Co., Inc., a business unit of U.S. Concrete, Inc. (NASDAQ:USCR) joined fellow contractors today to celebrate the Levi’s® Stadium ribbon-cutting. Initiating its first placement on May 21, 2012, Central Concrete supplied an estimated 80,000 cubic yards of concrete for the auger cast piles and the overall stadium structure, sidewalks and architectural concrete.
In choosing Central Concrete’s product, the San Francisco 49ers and the Turner/Devcon Construction team demonstrated their commitment to sustainability. The mixes selected are estimated to reduce the overall carbon footprint by 23 million pounds of CO2, as compared to traditional concrete.
As noted by the San Francisco 49ers, “When the gates of Levi’s Stadium open in August 2014, the stadium will be the first United States professional football stadium to have achieved LEED Gold certification. Visitors and guests may view a live dashboard display featuring current energy measurements, water and air monitors, and other dynamic green features as the building operates daily.”
“We were honored to have been selected for this project,” said Jeff Davis, vice president and general manager, Central Concrete Supply Co., Inc. “This continues our long legacy of supplying concrete for several landmark sports facilities.”
Central Concrete is currently supplying concrete for the San Jose Earthquakes Soccer Stadium. Central Concrete has also supplied concrete for (1) AT&T Park, home of the San Francisco Giants; (2) the SAP Center at San Jose, home of the San Jose Sharks hockey team; (3) Stanford University’s football stadium; and (4) Santa Clara University’s Stephen Schott Baseball Stadium.
About Central Concrete Supply Co., Inc.
Central Concrete Supply Co., Inc., a business unit of U.S. Concrete, Inc. (NASDAQ:USCR), has been serving the San Francisco Bay Area for more than 60 years. The company is recognized for engineering higher-performing concrete than traditional concrete while significantly lowering carbon footprints with its low-CO2 mixes. Unlike traditional concrete, Central Concrete’s standard mixes deliver 50% or greater cement replacement materials, thereby significantly reducing the carbon footprint of the project under construction. Central Concrete is recognized for supplying its low-CO2 mixes to numerous San Francisco Bay Area signature projects, including the Cathedral of Christ the Light Church, Oakland; California Academy of Sciences, San Francisco (world’s greenest museum); NASA Ames Sustainability Base, Mountain View (greenest federal building in the U.S.); David and Lucile Packard Foundation, Los Altos (net-zero private office building in Calif.); the San Francisco Public Utilities Commission headquarters (one of San Francisco’s greenest office building); the new San Francisco 49ers Levi’s Stadium; and the San Francisco-Oakland Bay Bridge.
With 12 locations in the San Francisco Bay Area, Central Concrete offers multiple points of service to meet the diverse operational needs of its customers. For more information, visit www.centralconcrete.com.
About U.S. Concrete, Inc.
U.S. Concrete services the construction industry in several major markets in the United States through its two business segments: ready-mixed concrete and aggregate products. The company has 104 fixed and 10 portable ready-mixed concrete plants and nine producing aggregates facilities. During 2013, U.S. Concrete produced approximately 5.2 million cubic yards of ready-mixed concrete and approximately 3.6 million tons of aggregates. For more information on U.S. Concrete, visit 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; ready-mix backlog; ability to maintain our cost structure; ability to maximize liquidity, monitor fixed costs, 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, 2013 and subsequent Quarterly Reports on Form 10-Q.
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Director, Business Development, Central Concrete
Vice President, Marketing and Sales, Central Concrete
Marketing and Communications, Central Concrete