Date: November 9, 2021
News - Chaney Enterprises Acquires TW Block & Concrete
Chaney Enterprises is pleased to announce the acquisition of TW Block & Concrete on the Eastern Shore of Virginia.
Chaney Enterprises will acquire the locally owned TW Block ready-mix concrete, masonry, and aggregate materials business located in Onley, Virginia in the lower Chesapeake and Virginia Eastern Shore region. In business since 1957, as a woman-owned and family operated company, Chaney is purchasing TW Block & Concrete from President Genevieve Walker and sister, Chief Financial Officer Wendy Walker. Customers will continue to be greeted with the same smiling faces and voices of all 25 TW Block employees. Sales, service, and dispatching will continue to be led, locally, by Tammy Hill bestowing 35 years of industry experience to the Chaney Enterprises team. “We are happy to be able to provide more resources for our valued employees, customers, and friends by putting them in the hands of a larger family-owned company,” says Genevieve Walker, president of TW Block & Concrete.
The assets acquired also include the operations of a fourth terminal in the Mid-Atlantic region. The T&W Block Barge Terminal off the South Branch Onancock Creek will increase the opportunities to barge construction materials of high demand into the Hampton Roads/Virginia Beach region. This will add to Chaney Enterprises’ current transportation hubs such as the Chesapeake Barge Terminal in Chesapeake, VA, the Sussex Barge Terminal in Seaford, Delaware, and Waldorf Rail Terminal in Waldorf, Maryland.
“As an already successful business, we look forward to supporting the TW Block & Concrete family and joining them with our team. Together, we can continue to provide excellent services and products to Accomack and Northampton counties while working to enhance local communities,” says Francis “Hall” Chaney, III, chief executive officer for Chaney Enterprises.
This will be Chaney Enterprises’ second expansion into the lower Chesapeake and Virginia Eastern Shore region with their most recent announcement that three Branscome ready-mix concrete plants and a barging terminal were acquired in August 2021.