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RMC STRIKES SAND

Published Sunday, February 01, 2004

Construction activity is booming in Florida. That demand is depleting the supply of raw materials and consequently driving up their prices. Many concrete and asphalt producers are scrambling for high-quality reserves. So when RMC-Ewell found an opportunity to build a plant on a 20-year sand deposit in Polk City, Fla., it dug in. RMC Business Manager Mike Pearson says reserves are being stretched, creating a premium situation. More companies have become vertically integrated and would only sell to sister operations during severe shortages. “If you don't have any raw materials, you are going to lose out,” he says. RMC cannot afford to lose out. The company operates five ready-mix concrete operations near Tampa and 43 plants in Florida. The company says it is the largest ready-mix producer in Tampa. More ...

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