EULESS, Texas, April 9, 2013 (GLOBE NEWSWIRE) -- U.S. Concrete, Inc. (Nasdaq:USCR) announced today that its Aridus® Rapid Drying Concrete, developed and patented by USC Technologies, Inc., a wholly owned subsidiary of U.S. Concrete, Inc., was recognized at the World of Concrete receiving a "2013 Most Innovative Product Award" within the Concrete Construction Materials Category for its rapid drying technology. Stego Industries, LLC, U.S. Concrete's exclusive, independent representative, was the official recipient of this prestigious award on February 22, 2013.
Aridus® Rapid Drying Concrete is a proprietary concrete mix with a fast drying time that reduces the risks associated with excess moisture in concrete slabs. Key characteristics include high early strength and minimal curl. This innovative concrete, validated by independent industry-approved testing, helps prevent moisture problems from the start of a project by reducing the concrete drying time. This enables faster and more effective floor covering installations and helps keep projects on schedule, while reducing the risk of liabilities associated with floor covering failures.
"After years of research, it is wonderful to see this recognition for Aridus® Rapid Drying Concrete. With its ability to dry in less than 45 days preventing moisture problems in concrete floors before they arise, and its high early strength, it is the perfect product for projects that have tight construction schedules," said Wally Johnson, U.S. Concrete's Vice President of Marketing and Sales.
- For more information about U.S. Concrete's Aridus® Rapid Drying Concrete visit http://www.us-concrete.com/aridus.
ABOUT U.S. CONCRETE
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.
ABOUT WORLD OF CONCRETE
World of Concrete 2013, the only annual international commercial construction trade show for the concrete and masonry industries, attracted 54,869 professional registrants and showcased just over 1,300 indoor/outdoor exhibitors in more than 605,000 net square feet of exhibit space, an increase of more than 53,000 net square feet over the 2012 show.
Shows feature the industry's leading suppliers showcasing innovative products and technologies, exciting demonstrations and competitions, and a world-class education program. Visit www.worldofconcrete.com for complete show details.
Stego Industries, LLC has grown to be the dominant force in the below-slab vapor barrier industry. Stego Wrap has become the most widely-specified vapor barrier in the United States by earning the respect, trust, and recommendation of the design, engineering and construction communities.
Stego Industries provides science-based solutions, field-tested results, and strategic speed to market from its 100% solar-powered headquarters in San Clemente, California. For more information on Stego visit www.stegoindustries.com.
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.
CONTACT: Luke Kimble U.S. Concrete, Inc. 817-223-3895