SRM Concrete Expands into Northern Indiana with JW Ready Mix Acquisition

In a significant move, SRM Concrete has acquired JW Ready Mix, a prominent ready-mixed concrete provider in northern Indiana. This acquisition brings SRM Concrete into the region, increasing its production footprint in the Hoosier State to 18 batch plants. The deal was announced on May 19, 2025.

The acquisition marks a strategic expansion for SRM Concrete, which has been steadily growing its presence in the region. According to CEO Jeff Hollingshead, the JW Ready Mix team has built a strong reputation, and this move helps SRM Concrete establish a more robust presence in northern Indiana.

Truck Safety and Environmental Metrics Favor Repeal of Federal Excise Tax

Meanwhile, a new report from the American Transportation Research Institute (ATRI) highlights the real-world environmental and safety benefits that could arise from repealing the 12% federal excise tax (FET) on new Class 8 vehicles and trucking equipment. The Truck FET, a measure dating back to World War I, has long been a contentious issue for the trucking industry. The ATRI report underscores the need to reconsider this tax to promote safer and more sustainable trucking practices.

Extending 2017 Tax Cuts and Jobs Act Provisions

A study by the American Council of Engineering Companies (ACEC) reinforces the case for extending provisions of the 2017 Tax Cuts and Jobs Act (TCJA). The study, which is part of a broader effort to advance President Donald Trump's economic policy agenda, highlights how TCJA has enabled U.S. architects and engineers to invest more in their businesses and deliver projects more efficiently. As federal lawmakers weigh budget plans, the ACEC's findings strengthen the argument for maintaining these tax cuts.

Sources:

• SRM Concrete: Smyrna, Tenn.
• CP staff: Concrete Products
• American Transportation Research Institute: Washington, D.C.
• American Council of Engineering Companies: Washington, D.C.

This acquisition and the reports on truck safety and tax policies reflect significant developments in the concrete industry and beyond, shaping its future and addressing critical issues.