Rock Quarry Changes Hands for $850,000
by October 14, 2013 12:00 am 397 views
Rogers Group Inc., a Tennessee-based aggregate producer, has added to its Northwest Arkansas holdings with the acquisition of a rock quarry in Fayetteville.
RGI paid Big Red Dirt Farm LLC, led by William G. Sweetser, $850,000 for 57 acres at 15433 Hamstring Road.
The land is near a quarry already owned by RGI in Farmington. RGI also owns a quarry in Lowell. All three properties are operated by Hunt-Rogers Materials Inc., a company formed in April by the merger of RGI and Northwest Arkansas Quarries.
Tim Graham and Johnelle Hunt founded NWAQ, also serving the crushed stone market.
RGI operates about 70 facilities in seven states throughout the southeastern U.S. that produce crushed stone, sand and gravel, asphalt and highway construction aggregate.
In Northwest Arkansas, RGI provides construction-grade aggregate, or crushed stone.