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U.S. Concrete Announces Sale of 1,820,000 Shares of Common Stock

July 16, 2001 - National Edition
Construction Equipment Guide

U.S. Concrete Inc. recently announced the public offering of 1,820,000 shares of its common stock at a price to the public of $8 per share. Net proceeds to U.S. Concrete will be $13,832,000. All of these shares will be issued and sold by the company. BB&T Capital Markets, a division of Scott & Stringfellow Inc., is managing the offering. The closing is scheduled for July 18, 2001. Proceeds from the offering will be used to repay borrowings under the company’s credit facility.

U.S. Concrete provides ready-mixed concrete and related products and services to the construction industry in major markets in the United States.


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