Greystone Advisors LLC facilitated the sale of Simpson Materials Company's Barnhart Quarry to New Frontier Materials, a strategic investment aimed at enhancing operational effectiveness and community commitment.
Target Information
The Barnhart Quarry, located in Jefferson County, Missouri, on the banks of the Mississippi River just south of St. Louis, is a key asset owned by Simpson Materials Company LLC. Spanning approximately 350 acres, the quarry is rich in both construction grade and high calcium limestone reserves, which are crucial for various construction applications. The site features two independent processing plants and a river terminal equipped with side-by-side conveyors, enabling efficient material loading directly onto barges.
Mike Clarke, CEO of New Frontier Materials, praised the Simpson family's dedication to customer service, employee safety, and strategic growth during their initial interactions. New Frontier is committed to enhancing the operational capabilities of the Barnhart Quarry while prioritizing these values, thereby ensuring ongoing improvement in service quality, workplace safety, and overall stakeholder value.
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Industry Overview in Missouri
The construction materials industry in Missouri plays a vital role in the state's infrastructure and development sectors. The state is rich in natural resources, contributing to a robust supply of construction materials, including
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New Frontier Materials
invested in
Barnhart Quarry
in 2023
in a Merger deal