US: Concrete Pipe and Precast has purchased a precast concrete plant in Oxford, North Carolina, for US$4.1m. Triangle Business Journal News has reported that the plant previously belonged to Gate Precast, which announced plans to close it in late 2023. The deal first concluded in July 2024. At that time, Concrete Pipe and Precast said that the Oxford plant would serve as a key location for its future production of dry utility vaults and structures for its core business.
Concrete Pipe and Precast’s parent companies Eagle Corporation and ECPP reportedly concluded a deal to sell Concrete Pipe and Precast to Commercial Metals Company for US$675m in September 2025.
