CPI acquires Sunbelt Asphalt Surfaces; expands into north Georgia I-85 corridor

Construction Partners, Inc.

Acquired Sunbelt Asphalt Surfaces' operations in Auburn, GA, including one active HMA plant.
Transaction includes a greenfield HMA plant in Commerce, GA expected to activate summer 2024.
Operations will be a branded division of CPI's Georgia platform, The Scruggs Company.
Strategic focus on I-85 corridor due to economic growth, demographics, and state funding.
Financial terms of the acquisition were not disclosed.

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