Phoenix Acquires Southern Concrete Crushing

Phoenix Associates Land Syndicate announced that Southern Concrete Crushing LLC has been acquired and will become part of the Phoenix growing aggregate and mining division.

Paul Alonzo, president and CEO of Phoenix, stated, "This acquisition will allow Phoenix to move into the huge demolition market along the Gulf Coast. Phoenix will now have its own concrete crushing facility for reprocessing and recycling demolished concrete from roads, bridges, etc."

"Additionally, Phoenix will have mobile crushing and screening capabilities. With this acquisition our company now holds one of the largest stock piles of material of this type available along the Gulf Coast (5 1/2 million tons), with estimated resale value of this material between $10-$21 per ton depending on which products is supplied," Alonzo added.