Chaney Enterprises Acquires PCS Concrete

Id 38993 Chaney Enterprises Logo

Chaney Enterprises, a ready-mix concrete, aggregates, custom blends, and related construction supplies provider, has acquired PCS Concrete, a concrete supply business based in Annapolis Junction, Maryland.

Chaney Enterprises acquires all five of PCS Concrete’s operational facilities and all 40 PCS employees join Chaney and continue work in their roles. The five Maryland 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. Sharon Carr Pittman will join Chaney as technical service project manager.

Combined, the Chaney and Pittman families, and their companies, have over 100 years of experience in the ready-mix concrete industry. The Pittmans 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,” says 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. In 2017, Chaney acquired a ready-mix concrete plant in Bealeton, Virgina and constructed a ready-mix plant in Gainesville, Virginia to provide increased production capabilities and additional, accessible locations to a growing number of customers in the area.

The same year Chaney, known for providing sand and gravel, introduced limestone to its product mix expanding its 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 its capacity to ship material via barge out of its 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.

More in Mergers & Acquisitions