D.M.
Stoltzfus & Son (DMS) has quarry operations in Pennsylvania
and Maryland. In Pennsylvania, DMS facilities are located
at Talmage, north of Lancaster, and at Cedar Hill, at
the Pennsylvania/
Maryland border. In Maryland, a third facility is located in Elk Mills. The company
has been owned and operated by three generations of the Stoltzfus family dating
back to the early 20th century.
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| (Above)
Reserves at Talmage facility projected to last three
decades or more. |
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In
southeastern Pennsylvania alone, the increased production
capacity has moved ICM into first place with a market
share of 22 percent, nearly ten percentage points ahead
of the next nearest competitor. In Maryland, the proximity
of the Elk Mills quarry to the two company-owned asphalt
plants located in that state along the I-95 corridor
will add control of raw materials delivery and production
capability to those operations.
Beyond
the acquisition of DMS, our 'footprint' continues
to grow in other ways. The recent addition of a new asphalt
plant near Dover, Delaware was the first phase of our
expansion into that fast-growing market. In 2007, we
will open a new asphalt facility in Jessup, Maryland,
between Baltimore and Washington, D.C. As other opportunities
arise, each will be considered as to its strategic value
to the whole of American Infrastructure and its construction
operations in the Mid-Atlantic. In its last ranking of
contractors in the United States, Engineering News-Record
listed American Infrastructure as #111 nationally, and
#19 of the top 50 domestic heavy contractors. In the
Mid-Atlantic region, AI ranks 9th and is number one in
heavy civil construction. With construction offices near
the three major Mid-Atlantic population centers, and
materials production capability located nearby to all
of them, the competitive advantages and efficiencies of
scale are of great value to customers, both public and
private. It is our intention to continue to provide those
customers with even more value going forward. |