Construction Partners, Inc. announced on October 5, 2026, that it acquired the asphalt manufacturing and construction assets of J.H. Strain & Sons, adding two hot-mix asphalt plants and related crews and equipment serving the greater Abilene, Texas, area. The company said the operations will become part of its Texas platform, Lone Star Paving, and that more than 125 employees joined Lone Star.
What did Construction Partners acquire in Abilene?
The acquired assets belonged to J.H. Strain & Sons, an asphalt paving and manufacturing company headquartered in Tye, Texas. Construction Partners (Nasdaq: ROAD) said the deal includes two hot-mix asphalt plants, related crews and equipment serving greater Abilene. The announcement does not identify the plants’ individual locations or production capacities. Construction Partners’ October 5, 2026 acquisition release.
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Who will operate the plants?
Construction Partners said the acquired operations will become part of Lone Star Paving, its Texas platform company. The company also said more than 125 employees joined Lone Star, and welcomed Ross and Kent Strain and their team. These are details reported by Construction Partners in its announcement; it did not provide a separate account of post-acquisition integration.
Why does Construction Partners say the Abilene deal matters?
CEO and President Fred J. (Jule) Smith III described Abilene as a growing market with a diversified economy and ongoing investment, including data-center-related developments. He said adding plants, equipment and a workforce gives Lone Star a local presence to serve public and private infrastructure customers in greater Abilene and West Texas. That is the company’s stated strategic rationale, not an independently quantified market assessment.
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Smith said: “Abilene is a growing Texas market with a diversified economy and significant ongoing investment, including several data center-related developments.”
What financial details has CPI disclosed?
The October 5 release does not state the purchase price, financing terms, expected revenue or earnings contribution, or plant capacities. Those figures cannot be inferred from the number of plants or employees announced.
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For broader company context, Construction Partners’ August 2026 Form 10-Q reported $2.7 billion in backlog on uncompleted work as of June 30, 2026. That company-wide figure predates the J.H. Strain announcement and is not the value or projected contribution of this deal. Construction Partners’ 2026 Form 10-Q.
What the announcement establishes—and what it does not
- Announced: October 5, 2026; the acquired assets are from Tye-based J.H. Strain & Sons.
- Added: Two hot-mix asphalt plants, related crews and equipment for the greater Abilene market.
- Platform: Construction Partners said the operations will join Lone Star Paving, with more than 125 employees joining Lone Star.
- Not disclosed: Purchase price, plant locations and capacities, financing, or projected financial contribution.
Construction Partners’ release includes forward-looking statements. Its anticipated strategic benefits are not guaranteed outcomes.
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