WL Ross forms mining and ready-mix services company

WL Ross & Co.’s Permian Basin Materials has completed the acquisition of Crockett County Mining, Highland Concrete Co. and Wallach Concrete. WL Ross funds own 80% of Permian Basin Materials, while existing shareholders from the acquired companies own a combined 20%.

Press Release

Permian Basin Materials, LLC (“PBM”), a newly formed affiliate of WL Ross & Co.

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