Rogers Group Inc. (RGI) announced that it has purchased Huntsville, Ala.-based Reed Contracting Services (Reed). The acquisition includes a quarry, sand plant, five asphalt plants, and all Reed construction assets. Founded in 1987, Reed is a provider of mass excavating, grading, underground utilities, asphalt paving, and trucking services in Huntsville. Nashville, Tenn.-based RGI is a leading supplier of crushed stone in the northern Alabama market and a provider of asphalt paving services in northwest Alabama. Combining the scope and quality of both companies, RGI will now provide seamless, start-to-finish construction and materials services to the greater Huntsville market. Managers of RGI and Reed are working diligently to ensure a smooth transition and no interruption of service to its customers.
Working with RGI to welcome more than 600 Reed employees to the RGI team, Reed’s owner and founder Mike Reed says, “Selling to Rogers Group gives me peace of mind that the values and principles I have created at Reed Contracting will live on. I am confident the family environment and growth opportunities for our people will continue for decades to come.”
“This acquisition exemplifies one of Rogers Group’s key growth strategies, which is the acquisition of well-run aggregate and construction businesses closely aligned with our core values and displaying a strong sense of responsibility to the communities where we work,” notes Darin Matson, president and CEO of RGI. “We could not be more pleased to be able to welcome the Reed employees to RGI as we combine our core strengths with theirs, to build upon the fine reputation Mike and his team have created the last 34 years.”
The acquired company will join RGI’s Southern Division led by Division Vice President Derek Roberts and operate under the direct leadership of newly appointed Vice President Anthony Garcia.