EULESS, Texas, May 21, 2013 (GLOBE NEWSWIRE) -- U.S. Concrete, Inc. (Nasdaq:USCR) announced today the application of its award winning Aridus® Rapid Drying Concrete at the Billy Earl Dade Middle School Replacement Project in the Dallas Independent School District. Aridus® was developed and patented by U.S.C. Technologies, Inc., a wholly owned subsidiary of U.S. Concrete, Inc.
A multi-functional facility and community revitalization effort in South Dallas, the Middle School is a bond project that needs to be opened by Fall 2013 to meet community needs. Aridus® Rapid Drying Concrete was used to address concerns of serious flooring issues that could delay the project's completion and cause future moisture issues. Working closely with the general contractor Satterfield & Pontikes Construction, Inc., architect KAI Texas and the school district, the producer Redi-Mix Concrete, LLC, a division of U.S. Concrete, used the unique fast drying and high early strength features of the Aridus® product to cut the construction schedule by 30 percent, with a projected similar reduction in construction overhead costs.
"One of the things we really liked about the Aridus product was the quality control measures. It makes life easier knowing that when it comes time to install the flooring there won't be moisture mitigation problems as seen in previous projects. With the change in adhesives to low VOC materials, moisture mitigation has become a huge concern in slabs and Aridus will become a part of specifications on projects going forward." KAI Texas.
As the result of years of research and development, Aridus® received a Most Innovative Product Award at the 2013 World of Concrete show. Aridus® Rapid Drying Concrete is a proprietary concrete mix that provides high early strength, minimal curl, and reduces drying time and risks associated with excess moisture vapor in concrete slabs. The drying time of this innovative concrete, validated by independent industry-approved testing, helps prevent moisture related flooring problems. This enables faster and more effective floor covering installations and helps to keep projects on schedule, while reducing the risk of liabilities associated with the failures of floor covering.
"The owner selected Aridus Rapid Drying Concrete to compress the project schedule. It typically will take anywhere between 4 to 8 months to get below 80% relative humidity inside your concrete. With Aridus we achieved this in 21 days, giving us the option to install flooring significantly sooner, which is phenomenal," says Jim Hagemann, Construction Manager, Satterfield & Pontikes Construction Inc.
"We created Aridus to solve a serious construction concern. The education, healthcare and technology markets have accelerated schedules and need to reduce their risk of future moisture issues. Like no other product available Aridus meets those needs allowing you to place flooring in as little as 30 days after the concrete is poured. Its quick drying and early strength features are a real game changer for the industry," says Wally Johnson, President of U.S.C. Technologies.
RESOURCES
- For more information about U.S. Concrete's Aridus® Rapid Drying Concrete visit http://www.us-concrete.com/aridus.
- For more information about the Billy Earl Dade Middle School visit http://bit.ly/13vmTzT.
- A rendering accompanying this release is available at http://media.globenewswire.com/cache/23959/file/19848.jpg
ABOUT U.S. CONCRETE AND U.S.C. TECHNOLOGIES
U.S. Concrete, Inc. services the construction industry in several markets in the United States through its two business segments: ready-mixed concrete and aggregate products. The Company has 101 fixed and 11 portable ready-mixed concrete plants and seven producing aggregates facilities. During 2012, these plant facilities produced approximately 4.8 million cubic yards of ready-mixed concrete and 3.3 million tons of aggregates. The company has supplied concrete for high profile, green building projects such as the San Francisco Public Utilities Headquarters, San Francisco Academy of Sciences, and One World Trade Center. For more information on U.S. Concrete, visit www.us-concrete.com.
U.S.C. Technologies, Inc. is a wholly owned subsidiary of U.S. Concrete, Inc. and functions as its research and development branch. At the forefront of concrete science, U.S.C. Technologies award winning products and mixes provide visionary solutions to the concrete industries most challenging issues.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This press release contains various forward-looking statements and information that are based on management's belief, as well as assumptions made by and information currently available to management. These forward-looking statements speak only as of the date of this press release. The Company disclaims any obligation to update these statements and cautions you not to rely unduly on them. Forward-looking information includes, but is not limited to, statements regarding: the stability of the business; encouraging nature of third quarter volume and pricing increases; ready-mix backlog; ability to maintain our cost structure and the improvements achieved during our restructuring and monitor fixed costs; ability to maximize liquidity, manage variable costs, control capital spending and monitor working capital usage; and the adequacy of current liquidity. Although U.S. Concrete believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Such statements are subject to certain risks, uncertainties and assumptions, including, among other matters: general and regional economic conditions; the level of activity in the construction industry; the ability of U.S. Concrete to complete acquisitions and to effectively integrate the operations of acquired companies; development of adequate management infrastructure; departure of key personnel; access to labor; union disruption; competitive factors; government regulations; exposure to environmental and other liabilities; the cyclical and seasonal nature of U.S. Concrete's business; adverse weather conditions; the availability and pricing of raw materials; the availability of refinancing alternatives; and general risks related to the industry and markets in which U.S. Concrete operates. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those expected. These risks, as well as others, are discussed in greater detail in U.S. Concrete's filings with the Securities and Exchange Commission, including U.S. Concrete's Annual Report on Form 10-K for the year ended December 31, 2012.
