Prowers Holding Company divested Prowers Aggregate Operators, LLC to Brannan Sand and Gravel Company, bolstering Brannan's capacity as a leading construction materials provider in Colorado.
Target Information
Prowers Aggregate Operators, LLC, a subsidiary of Prowers Holding Company, LLC (PHC), is the premier aggregate producer in Southeast Colorado. Founded in 2016, Prowers was established to address the shortage of high-quality construction aggregates in the region. The company quickly built a reputation for exceptional customer service and consistent product quality. Following an expansion of its mining permit in 2021, Prowers has emerged as one of the largest permitted aggregate operations in Colorado. In 2018, it made significant strides by leveraging direct access to BNSF rail to import sand into the Dallas-Fort Worth (DFW) Metroplex.
During the divestiture process, Tim Oitzman, President of Greystone, praised the efforts of Karl Nyquist and Todd Lambert, remarking on their success in developing a robust supply chain model for the region and emphasizing their commitment to high-quality aggregate production.
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Industry Overview in Colorado
The construction aggregates industry in Colorado plays a crucial role in supporting the state's rapidly growing infrastructure and urban development. As the population continues to increase, the demand for construction materials, p
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Brannan Sand and Gravel Company, LLC
invested in
Prowers Aggregate Operators, LLC
in 2021
in a Merger deal