Date: April 1, 2019
News - Chaney Enterprises Acquires PCS Concrete
Chaney Enterprises announces its acquisition of PCS Concrete, a concrete supply business based in Annapolis Junction, Md.
Chaney Enterprises will acquire all five of PCS Concrete’s operational facilities and all 40 PCS employees will join Chaney Enterprises and continue work in their roles. The five PCS facilities are Annapolis Junction, Westport (Southern Baltimore City), Owings, Waldorf, and Sparrows Point (Baltimore County). The acquisition pertains to Chaney’s strategic reorganization as Thomas Pittman, former owner and president of PCS Concrete, joins Chaney’s executive team as maintenance operations officer.
Combined, the Pittman and Chaney families, and their companies, have over 100 years of experience in the ready-mix concrete industry. Pittman entered the industry in 1990 and started PCS Concrete in 2008. Sharon Carr Pittman and her family have operated a ready-mix concrete business in Maryland since 1964 and Sharon was instrumental in the success and growth of PCS Concrete. The Pittmans have serviced many commercial, residential, and municipal projects including two of Amazon’s fulfillment centers in Baltimore City.
“For years we’ve been supplying PCS Concrete with natural sand via barge and truck,” said Francis "Hall" Chaney, III, president of Chaney Enterprises. “PCS has been an excellent customer and is now a great addition to Chaney. The greatest part of this acquisition is the incredible group of people who are veterans of the industry accompanied with a vast amount of knowledge who are all joining Chaney. Having worked at family-owned PCS Concrete, our newest employees exhibit the same grit and culture that we do.”
Chaney’s overall strategic growth and expanding footprint continued with the 2018 opening of BuilderUp, a building and services division of Chaney formed by the merger of Dunkirk Supply and The Concrete Store. In 2017, Chaney acquired a ready-mix concrete plant in Bealeton, Va. and constructed a ready-mix plant in Gainesville, Va. to provide increased production capabilities and additional, accessible locations to a growing number of customers in Virginia.
The same year the company, known for providing sand and gravel, introduced limestone to its product mix expanding Chaney’s market for construction projects. The limestone is transported by Chaney’s first 80-railcar train out of the company’s Waldorf plant. Chaney also grew their capacity to ship material via barge our of their Sussex Barge Terminal that delivers natural sand and gravel to businesses throughout the Mid-Atlantic.
In his new role, Pittman will have complete responsibility for all of Chaney Enterprises’ fleet and plant maintenance. Pittman’s 30 years of experience in the ready-mix industry positions him well to manage all the maintenance, capital expenditures, and personnel associated with Chaney’s large equipment and plant fleet. Sharon Carr Pittman will serve as technical service project manager with Chaney Enterprises.
Hall Chaney continued, “this is an exciting time for Chaney Enterprises; however, it’s only possible due to the continued passion and dedication of all our team members. We are primed and prepared to service new markets with our commitment to our communities, employees, and customers.”