Americast and Hanson Pipe & Precast LLC, Announce New Joint Venture
Americast, Inc., headquartered in Hanover County, Virginia, announced a signed agreement with Hanson Pipe & Precast LLC, to form a new joint venture company to be known as Concrete Pipe & Precast, LLC (CP&P). The new company will consist of selected Americast and Hanson Pipe & Precast LLC operations and will manufacture, market, and sell a complete line of concrete pipe and precast products in much of the mid-Atlantic and southeastern United States. CP&P will have manufacturing facilities in Ashland, Chesapeake, Hanover, Harrisonburg, Roanoke and Salem, Virginia; Martinsburg, West Virginia; Jessup, Maryland; Dunn and Oakboro, North Carolina; Barnwell, Charleston and Summerville, South Carolina; and Rincon, Georgia. Americast and Hanson Pipe & Precast LLC will have equal interests in the venture.
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