Summit Materials Acquires Cornejo & Sons

Summit Materials LLC, a building materials company headquartered in Washington, D.C., has completed the acquisition of Cornejo & Sons Inc., based in Wichita, Kansas.

Cornejo & Sons is involved in producing sand and gravel, asphalt and ready mix concrete, as well as paving, construction, recycling and C&D landfill services. The management staff of Cornejo & Sons will remain in place.

“We are delighted to expand our presence in Kansas with the addition of Cornejo & Sons, a first class operation. I look forward to working with Ron Cornejo and Marty Cornejo to grow the business and provide new opportunities for Summit and its customers,” says Tom Hill, CEO of Summit.

Ron Cornejo, CEO of Cornejo & Sons notes, "We are pleased to join forces with Summit Materials so that we can continue to grow our business. Partnering with Summit Materials allows the Cornejo family and our employees the opportunity to grow dynamically as the economy improves. It also allows us to offer more products, services and value to our clients and communities.”

Cornejo & Sons is comprised of five companies: Cornejo Construction, Concrete Materials Co., Construction Demolition & Recycle and Allmetal Recycling.

Summit Materials was formed last year to develop and grow a business in the aggregates and heavy-side building materials sector through strategic acquisitions. This is the third acquisition for Summit since it was formed. This past September, Summit acquired Hamm Inc., an aggregates, landfill, asphalt and construction company in Perry, Kansas. In February, 2010, Summit acquired Hinkle Contracting Co., an integrated materials and construction business headquartered in Paris, Ky.