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Hanson Pipe & Precast purchases Hyprescon and Miceli et frères

admin July 12, 2007

Hanson Pipe & Precast, a division of Hanson Building Products North America, has purchased Canadian-based Hyprescon Inc. and Miceli et Frères Ltée.

Acquisition will open up market in Canada

DALLAS

Hanson Pipe & Precast, a division of Hanson Building Products North America, has purchased Canadian-based Hyprescon Inc. and Miceli et frères Ltée.

This acquisition also includes additional gravity pipe and precast facilities. Hyprescon’s main concrete pressure pipe facility near Montreal (Saint-Eustache) and the facilities near Toronto (Stouffville pressure & Uxbridge pressure & bridge solutions) will become part of Hanson’s South Central region based in Grand Prairie, Texas, which manages all of North America’s pressure pipe business.

“Hyprescon and Miceli are premier companies with a reputation for producing high-quality concrete products,” said Richard Manning, president of Hanson Building Products North America.

“This purchase expands Hanson’s presence in the Canadian market while benefiting the country’s infrastructure.”

Hyprescon began producing concrete products in 1931, and is the largest producer of concrete pressure pipe in Canada, with three facilities located in Saint-Eustache, Quebec, a suburb of Montreal, as well as Uxbridge and Stouffville, located near Toronto, Ontario. Hyprescon produces large and small diameter concrete pressure pipe as well as Hy-Span(R) bridge girders, gravity pipe, and precast product.

“Hanson strives to be geographically available to our customers, and the acquisition of Hyprescon and Miceli makes that goal possible while serving the growing market in Canada,” said Clifford Hahne, president of Hanson Pipe & Precast’s South Central region.

“We are proud to add Hyprescon and Miceli employees to the Hanson family.”

Miceli was founded in 1971 as a manufacturer of precast concrete products and extended production to concrete pipe, box culverts, short span arch bridges and precast concrete products. In 1988, Miceli opened a concrete pipe manufacturing facility in Mascouche, Quebec and a second facility in Saint-Jerome, Quebec in 2004.

More than 320 employees from Hyprescon and Miceli will become Hanson employees and will also have opportunities for further training and advancement.

Hanson’s Northeast region based in Columbus, Ohio is made up of 28 facilities, including the two concrete pipe and precast facilities near Toronto.

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