LABELLE, FL. -- The Reinforced Earth Company has acquired the assets of two precast facilities located in Florida and Indiana.
The 48-acre, multi building site in Labelle, Florida (formerly Henkay Precast) has a production capacity of 200,000 tons of concrete per year. The plant on SR80 west of LaBelle has had pre-cast concrete manufactured there, and then stored on dozens of acres at the site for many years.
Henkay Precast, started in business 10 years ago, is owned by Richard and Susan Shinn.
The LaBelle property was sold in January by Henkay Precast to Ashgrove Real Estate Holdings LLC for $4,424,000.
“We welcome our new staff in Labelle and Winamac as an important part of our group of engineers, manufacturers, project managers, and team players,” said Stephen Fancher, President & CEO.
In Winamac, Indiana (formerly S&S Precast), the 20-acre site has a production capacity of 100,000 tons of concrete per year.
The two locations are strategically located to expand RECo’s capacity to deliver geo-structural and precast concrete solutions, including Reinforced Earth® MSE retaining walls, T-WALL®, TechSpan® arches, and sound walls.
The Reinforced Earth Company is based in Stanton, Va.
Yep RECO made a lot of promises then closed and sold off S&S in Winamac, IN less than a year after acquisition. Much more I could say... - Former Employee
ReplyDelete