US-based prestressed concrete railroad ties manufacturer Rocla Concrete Tie has acquired KSA Limited Partnership (KSA), a joint venture owned by Koppers and Lehigh Hanson, for an undisclosed amount.
KSA has its manufacturing operation in Portsmouth and it produces concrete ties, concrete turnout ties, concrete grade crossing ties and other concrete products for the railroad industry.
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Founded in 1992, KSA’s customer base extends to Class 1 railroads, as well as to commuter and transit customers primarily in the Eastern US.
With the acquisition, Rocla will be able to expand its customer base and its product range.
Major customers for Rocla’s products include Amtrak, Burlington Northern and Union Pacific, as well as other Class I railroads, light rail/transit projects, high-speed corridors and industrial/ports all around the country.
A portfolio company of Altus Capital Partners, Rocla currently has manufacturing plants in Pueblo, Colorado, Amarillo, Texas, Bear, Delaware and San Jose Iturbi, Mexico.
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By GlobalData
