BNET Industries
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
(702) 433-2090
Peer Companies
NAICS Code Other Concrete Product Manufacturing: 327390
Recent Events
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RMX: Management Comments on Q1 Results in Residential Construction Environment
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Ready Mix, Inc. Reports 2008 Results
News & Analysis
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ready mix inc. - All News and Analysis
Ready Mix Incorporated Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Walter Schenker - Titan Capital. Walter Schenker - Titan Capital A couple of balance sheet questions; I noticed accounts receivable and inventories were up fairly sharply for this period. When you look at the balance sheet, I realize it’s first...
Ready Mix Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions Our first question comes from the line of Walter Schenker with Titan Capital, please proceed with your question. Walter Schenker - Titan Capital Won't we all be surprised if I'm not the only question? Good morning, Brad, a general...
Ready Mix, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Ladies and gentlemen, if you’d like to register for a question, please press 1 followed by 4 on your telephone. You will hear a three-tone prompt acknowledging your request. If your question has been answered and you’d like to withdraw your registration, please press...
Ready Mix, Inc. Subsidiary of Meadow Valley Files Registration Statement with SEC
PHOENIX -- Meadow Valley Corporation (NASDAQ: MVCO) announced today that its wholly owned subsidiary, Ready Mix, Inc. RMI, has filed a registration statement with the Securities and Exchange Commission for the initial public offering of 1,000,000 shares of RMI common stock at a proposed offering price of $12.00 per share....
Additional Resources
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Ready Mix, Inc. Considering Strategic Alternatives
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
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
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
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
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...
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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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