CMC has acquired Foley Products Company for an undisclosed amount, marking a significant corporate acquisition in the infrastructure components sector. This transaction sees CMC integrating a long-standing manufacturer and distributor of precast concrete products into its operations.
Established in 1981, Foley Products Company originated as a division of The Concrete Company of Columbus, Georgia, and has since grown into a prominent supplier in its industry. Foley manufactures, sells, and delivers a comprehensive range of precast concrete manholes, catch basins, communications and electrical boxes, sound wall panels, median barriers, and reinforced concrete pipe, including round, arch, and elliptical varieties, alongside box culverts. The company has also expanded its offerings to include StormPrism, an underground detention system, and a full complement of stormwater quality products. Foley operates an extensive network of facilities across the Southeast, including locations in Georgia, Alabama, Tennessee, and Florida, and holds certifications from numerous state departments of transportation, including GDOT, ALDOT, and TDOT. It also distributes AGRU HDPE lining in several states.
This acquisition is a strategic move for CMC, aimed at expanding its market presence and enhancing its capabilities within the critical infrastructure components sector. By bringing Foley's established product lines, extensive manufacturing expertise, regulatory certifications, and broad distribution network under its umbrella, CMC is poised to strengthen its position. The integration is expected to create synergies through operational efficiencies, expanded geographic reach, and a more comprehensive portfolio of infrastructure solutions available to clients.
The combined entity is anticipated to deliver enhanced value through a wider array of high-quality products and a reinforced commitment to supporting essential infrastructure development across the region and beyond.