Huntsville-based Reed Contracting Services has been purchased by Tennessee-based Rogers Group Inc.
Since its inception in 1987, Reed has been a provider of mass excavating, grading, underground utilities, asphalt paving and trucking services in Huntsville. Reed has more than 600 employees. Founded in 1908, Rogers Group Inc. (RGI) has purchased a quarry, sand plant, five asphalt plants and all construction assets belonging to Reed.
RGI is a supplier of crushed stone in northern Alabama and a provider of asphalt paving services in northwest Alabama, so this purchase will allow RGI to provide start-to-finish construction and materials services to the greater Huntsville market.
“Selling to Rogers Group gives me peace of mind that the values and principles I have created at Reed Contracting will live on,” said Mike Reed, founder and owner of Reed Contracting Services.
Reed will join RGI’s Southern Division. “This acquisition exemplifies one of Rogers Group’s key growth strategies, which is the acquisition of well-run aggregate and construction businesses closely aligned with our core values and displaying a strong sense of responsibility to the communities where we work,” said Darin Matson, president and CEO of RGI. “We could not be more pleased to be able to welcome the Reed employees to RGI as we combine our core strengths with theirs, to build upon the fine reputation Mike and his team have created the last 34 years.”
RGI currently employs 2,700 people across 10 states.
