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PENNELL
Metromont Corp., a Greenville, S.C.-based provider of precast/prestressed concrete building systems, announced earlier this month that it has acquired a majority interest in Royal Concrete Concepts of West Palm Beach, Fla. RCC manufactures custom precast concrete modular building systems for residential, educational, commercial and military projects.
The Florida firm’s product line includes unitized modules for residential construction that are shipped virtually complete with all components and finishes, including cabinetry, mechanical, electrical, plumbing, windows and doors. The company’s manufacturing facility has the capacity to build 25 three-bedroom houses per day.
SANGER
"The investment in RCC allows us to further diversify our business with additional building systems and grow in other market segments," stated Rick Pennell, president and CEO of Metromont. Metromont currently has manufacturing facilities in Greenville, S.C., Atlanta, Charlotte, N.C., Bartow, Fla.; Richmond, Va.; and Nashville, Tenn.
Wally Sanger, RCC founder, will continue in his role as president of Royal Concrete Concepts.
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