Thursday, March 6, 2008

Governor Perdue Announces Oldcastle Materials, Inc. Sets Its Sights on Warren County

Governor Perdue announced today that Oldcastle Materials, Inc. plans to begin the approvals process to build a state-of-the-art facility in Warren County. Pending successful approvals, the paving materials company will invest more than $50 million and create approximately 30 jobs.

“Georgia has a long history of providing natural resources to support a growing United States,” said Georgia Governor Sonny Perdue. “Whether it was the first gold rush in Dahlonega or stone in Warren County, our state is rich in the materials that help businesses grow.”

Oldcastle Materials, Inc., which is headquartered in Washington, D.C., acquired an approximately 1,800-acre site near Interstate 20 and Camak in Warren County. The company plans to build a state-of-the-art facility to extract stone for use in road construction.

“We are excited that the investment has been well-received as part of the community’s overall economic development plans,” said Sean O’Sullivan, regional president, Oldcastle Materials. “We appreciate the support and close cooperation we are receiving from the local community in these early stages and we are encouraged that we will have mutually-beneficial, long term growth in the region. Our plans represent a long-term, significant investment that will also contribute to a well-trained workforce, an enhanced quality of life and environmental stewardship.”

“We are very excited to welcome Oldcastle Materials to Warren County, and we want to give them every bit of encouragement and any assistance they need to make this significant economic development possibility a reality,” said O.B. McCorkle, executive director of the Development Authority of Warren County. “We appreciate how the company has approached us, and their development goals are consistent with our goals for planned growth.”

Oldcastle Materials is a nationwide leader in the production and supply of aggregates, asphalt, ready mix concrete, and construction and paving services. The company is a division of CRH plc, the international building materials group. Oldcastle Materials, with more than 25,000 employees in 41 states, generated over $6 billion in revenues in 2006.
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