BNET Industries

Ready Mix Inc.

(RMX) is in the Manufacturing Industry

Market Cap:$12.7M
Last Fiscal Year Sales:$77.3M
  • Public
  • US
Dow Jones Description

Ready Mix satisfies the sunny states' need for concrete. Founded in 1996 and headquartered in Las Vegas, NV, Ready Mix, Inc. (AMEX: RMX) manufactures and distributes construction material. The company operates primarily in the Las Vegas and Phoenix metropolitan areas, with five batch concrete plants, a gravel and sand crushing facility, and a fleet of about 125 mix trucks. It sells to subcontractors, prime contractors, homebuilders, commercial and industrial property developers, pool builders, and homeowners. It also has a long-term mining lease at a quarry in Nevada. The company had 2005 revenue of about $67.7 million and employs about 280 people. In July 2006, it opened a new concrete batch plant site in Las Vegas, which will include a sand and gravel production operation, as well as a ready-mix concrete batch plant.

CEOBradley E. Larson
Number of Employees 30
Contact Information

3430 E Flamingo Rd Ste 100

Las Vegas, Nevada 89121

www.readymixinc...

(702) 433-2090

NAICS Code Other Concrete Product Manufacturing: 327390

Recent Events

  • RMX: Management Comments on Q1 Results in Residential Construction Environment

    5/15/09 - Financial Announcement - View Story

  • Ready Mix, Inc. Reports 2008 Results

    2/25/09 - Financial Announcement - View Story

News & Analysis

ready mix inc. - All News and Analysis

Additional Resources

  • GROW YOUR OWN

    - 2009-06-21

    No allotment? No problem! Grow your own herbs and vegetables in pots on the patio for fresh and nutritious fare that will save you money at the supermarket too... BE A BASKET CASE EVEN if you don't have a garden there...

  • Ready Mix, Inc. Considering Strategic Alternatives

    - 2009-06-17

    LAS VEGAS -- READY MIX, INC. RMI (NYSE Amex:RMX) today announced that it is considering strategic alternatives. Ready Mix Inc. Is...

  • CEMEX Reaches Agreement to Sell Its Australian Operations

    - 2009-06-15

    MONTERREY, Mexico -- CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it has reached an agreement to sell its Australian operations to Holcim Group for approximately A$2.02...

  • Greco inks icrete deal

    - 2009-06-03

    iCrete, a clean-technology concrete company, has announced a licensing agreement with Greco Bros., one of New York City's most established and capable ready mix producers. Joseph Greco, CEO of Greco Bros. commented, "As a family-owned company with more than 50 years in the construction business in New York...

  • China Advanced Construction Materials Group Awarded $3.3 Million Railway Contract

    - 2009-06-02

    NEW YORK and BEIJING, June 2 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. ("China ACM") (BULLETIN BOARD: CADC) , a leading provider of ready-mix concrete and related services in China, today announced that it has been awarded a new contract to provide ready-mix concrete for a major...

  • Fisher & Sons wins award for Wilson Motors project

    - 2009-06-01

    At the recent Washington Aggregates and Concrete Association awards banquet, Fisher & Sons won an Excellence in Concrete Construction award for the Wilson Motors project in Bellingham. As the award winner in the pervious concrete division, the project was recognized because of both its size, which was nearly...

Decision Makers

Name (plus bio) Position
Bradley E. Larson CEO
Robert R. Morris President and Director
Clint Tryon Chief Financial Officer, Secretary and Treasurer
Steven A Wise Executive Vice President
Kenneth D. Nelson Vice President and Director
Robert A. De Ruiter Vice President
Kristi Lattin Sales Manager, Arizona
Lenny Remmert Sales Manager, Nevada

Board of Directors

Name (plus bio) Position
Charles E. Cowan Board of Directors
Charles R. Norton Board of Directors
Dan H. Stewart Board of Directors
Don A. Patterson Board of Directors

Bradley E. Larson has been a director of the Company since 1994 and was appointed President in July 1995 and Chief Executive Officer in November 1995. Mr. Larson was employed by Tanner Companies, a contracting and material company located in Phoenix, Arizona, from 1976 until December 1994. He was Division President of the Western Arizona region for Tanner from 1984 to 1988, Vice President of Operations from 1988 to 1989 and President of Tanner s Construction Division from 1989 until he joined the Company in December 1994. Mr. Larson earned a BSE degree in Industrial Engineering from Arizona State University in 1979. He has been active in several construction industry associations and is past Chairman and Director of The Arizona Rock Products Association and past Director of the Arizona Heavy Highway Chapter of the Associated General Contractors.

Organization Position Status
Meadow Valley Corporation Chief Executive Officer Current
Ready Mix, Inc. CEO Current
Ready Mix, Inc. Board of Directors Current
Meadow Valley Corporation Board of Directors Former
Arizona State University Bse Degree In Industrial Engineering Former
Organization Position Status
Ready Mix, Inc. President and Director Current
Ready Mix, Inc. Board of Directors Current
Basic Ready Mix Vice President of Sales Former
California Inc Regional Manager Former
Organization Position Status
Ready Mix, Inc. Chief Financial Officer, Secretary and Treasurer Current
Meadow Valley Corporation CFO, Principal Accounting Officer, Treasurer & Secretary Former
Meadow Valley Corporation Treasurer & Secretary Former
Meadow Valley Corporation Treasurer Former
University of Nevada, Las Vegas Bachelor of Science Degree Former

As the Executive Vice President of Ready Mix, Aggregates & Concrete Products for CEMEX's U.S. operations, Steven Wise is responsible for the Company's ready-mix concrete and aggregate operations and sales. Wise joined the Company in 1988 and has held various positions within CEMEX including Vice President and General Manager of Texas Ready-Mix and Aggregates, Vice President and General Manager of the Minerals Group, Controller for Ready-Mix and Aggregates, as well as various positions in cement plant management, administration, accounting and finance. Wise holds a Bachelor's degree in accounting from Texas State University and an MBA from the University of Houston. Wise is a board member of the National Ready Mixed Concrete Association (NRMCA).

Organization Position Status
Ready Mix, Inc. Executive Vice President Current
Cemex, Inc. Executive Vice President Current
Huttig Building Products, Inc. Executive Vice President, Cemex Current
Timber Treatment Technologies, LLC Current
Huttig Building Products, Inc. Board of Directors Current
Nrmca Member Current
Aggregates Vice President Former
Aggregates General Manager Former
The Ready Company General Manager Former
Time Warner Inc. Former
The University of Houston Mba Former

Kenneth D. Nelson has been an executive officer and director of our company since 1996 and has been involved in the financial reporting and operations management areas of the construction industry since 1982. He joined Meadow Valley in April 1989, became its Vice President of Finance in February 1992 and its Vice President and Chief Administrative Officer in April 1996. Mr. Nelson earned a Bachelors of Science Degree in Business Administration from Arizona State University in 1984.

Organization Position Status
Ready Mix, Inc. Vice President and Director Current
Ready Mix, Inc. Board of Directors Current
Meadow Valley Corporation Chief Admin Officer & Vice President Former
Builders Unlimited Operations Manager Former
Meadow Valley Corporation Director Former
Arizona State University Bachelors of Science Degree In Business Administration Former
Organization Position Status
Ready Mix, Inc. Vice President Current
Ready Mix, Inc. Board of Directors Current
Ready Mix, Inc. President Former
Organization Position Status
Ready Mix, Inc. Sales Manager, Arizona Current
Organization Position Status
Ready Mix, Inc. Sales Manager, Nevada Current
Organization Position Status
Ready Mix, Inc. Board of Directors Current
Meadow Valley Corporation Board of Directors Former
University of Missouri Former
Organization Position Status
Ready Mix, Inc. Board of Directors Current
Meadow Valley Corporation Director Former
University of Missouri Former
Organization Position Status
Dardan Enterprises Co-Founder Current
Gonzaga University Assistant Professor of Management Current
Fiddlers' Contest Current
Ready Mix, Inc. Board of Directors Current
Basic Management, Inc. Chief Executive Officer Former
Basic Management, Inc. President Former
American Nevada Company Vice President Former
Stanford University Ph.D. In Business Former
Stanford University M.S. Degree In Civil Engineering Former

Don A. Patterson has been a director since November 2005. Mr Patterson began his career in public accounting, working for eight years at Arthur Andersen where he developed an extensive background in accounting for the construction and construction material industry. He left to become the managing partner of Mansperger, Patterson & McMullin CPA s where he worked for 19 years, continuing to provide accounting service and consultation to clients in both the construction materials and contracting industries. During that period he founded Legacy Window Coverings, LLC, an importing and distribution business where he currently serves as CEO. He has devoted his full time attention to Legacy s operations since 2004. Mr. Patterson graduated with a degree in accounting from Arizona State University in 1978 and received his Certified Public Accountant s certificate in 1983.

Organization Position Status
Ready Mix, Inc. Board of Directors Current
Legacy Window Coverings, LLC Founder Former
Meadow Valley Corporation Board of Directors Former
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     RMX $26.21 +22.21 (555.25% )
Average Volume 13,920
Shares Outstanding 3.81M
Market Cap 99.8M
Year High 29.98
Year Low 1.06
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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