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Summit Materials announces new acquisitions in Austin, Texas

Summit Materials has recently acquired Industrial Asphalt, Inc, Asphalt Paving Company of Austin, Inc and Ramming Paving Company, Ltd in Austin, Texas.

Industrial Asphalt, Inc. led by Jill Shackelford, is based in South Austin and operates a quarry and two asphalt plants. Asphalt Paving, led by Joseph Jackson is also based in Austin and is a longstanding paving business. Ramming Paving Company, Ltd (“Ramming”), led by John Ramming, is a quarry, asphalt, and paving services company with operations in Austin and San Antonio. All the management teams will remain in place and will continue developing the businesses under Summit management.

Tom Hill, CEO of Summit Materials, says: “We are very pleased to welcome the new companies and their employees to Summit. These businesses are a great combination, and together with RK Hall in northeast Texas, they expand Summit’s presence in the state.”

Jill Shackelford, the President of Industrial Asphalt, says: “While having worked with Asphalt Paving in the past, I am delighted to be joining up with Summit and Ramming.”

John Ramming, CEO of Ramming, says: “We have been following the growth of Summit since its inception, and are proud to become a part of it. We are looking forward to working with Industrial Asphalt and Asphalt Paving to better serve our customers in Austin and San Antonio.”

 

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