Middletown-based E. Tetz & Sons Inc. and its subsidiary, Tetz Asphalt LLC, a ready-mix concrete and hot-mix asphalt provider serving Orange County, has been acquired by Peckham Industries Inc., a Brewster-based construction and materials provider with more than 30 facilities in five states. The financial terms of the transaction were not disclosed.
“This acquisition allows us to further integrate and grow our presence in the lower Hudson Valley region of New York, one of the most rapidly growing parts of the state,” said Damian Murphy, president of Peckham Industries, Inc. “We recognize the prominent history of Tetz and the significant contribution the business has made to the region. Peckham believes that our ”˜family by choice”™ culture delivers value as the trusted supplier of construction materials, products, and services in the communities that we serve. We are excited to bring that value to customers in Orange County and the surrounding region.”
“We are extremely excited for Tetz to join Peckham Industries,” added Gary Tetz Sr., president of E. Tetz & Sons. “Our shared values as family-owned companies will ensure a seamless transition for our customers and employees as we work through the integration process. We are looking forward to being a part of the growth of Peckham Industries in the surrounding region.”
Photo courtesy Peckham Industries
