"We are pleased with this strategic acquisition to further enhance our vertical integration of construction services in the dynamic Huntsville, Alabama, market," said Fred J. "Jule" Smith, III, CPI's President and Chief Executive Officer. "We welcome a talented team of construction professionals whose skills and experiences will allow us to better serve both public and private customers with a wide range of turnkey development services. We also added much-needed construction equipment to drive organic growth in this rapidly growing area of northeast Alabama."
Supported by its hot-mix asphalt plants, aggregate facilities, and liquid asphalt terminal, Construction Partners, Inc. focuses on the construction, repair, and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways, and bridges. The company also performs private sector projects that include paving and sitework for office and industrial parks, shopping centers, local businesses, and residential developments.