PANAMA CITY, Fla. — Construction Partners, Inc., a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, has announced that it has acquired the asphalt, grading, and site work operational assets of GAC Contractors, Inc., including its hot-mix asphalt plant in Panama City, Florida, Construction Partners has announced.
“Today’s transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the Southeast,” said Fred J. (Jule) Smith, III, president and chief executive officer, Construction Partners, Inc.
“At a time when attracting and retaining talent is paramount, we are pleased to welcome more than 200 former GAC employees to our team.”
Construction Partners, Inc. is a vertically integrated civil infrastructure company with 57 hot-mix asphalt plants, 14 aggregate facilities, and one liquid asphalt terminal.
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Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges, according to the company.
The majority of the Company’s public projects are maintenance-related.
Private sector projects include paving and site work for office and industrial parks, shopping centers, local businesses, and residential developments.
To learn more, visit www.constructionpartners.net.
