Concrete Pipe & Precast

What Concrete Pipe & Precast does

Concrete Pipe & Precast, LLC (CP&P) is a US-based manufacturer of precast concrete products for infrastructure, water, wastewater, and dry utility applications, headquartered in Ashland, Virginia. Founded in 2012 as a 50/50 joint venture between Americast Inc. (Eagle Corporation) and Hanson Pipe & Precast LLC (Lehigh Hanson/HeidelbergCement), CP&P operates 17 manufacturing facilities across seven states in the Mid-Atlantic and Southeast (Virginia, West Virginia, Maryland, North Carolina, South Carolina, Georgia), producing reinforced concrete pipe, drainage structures, sanitary sewer and manhole systems, box culverts, stormwater management systems (StormArc, StormPass), preassembled water and wastewater vaults (Clear Flow), and dry utility products (communication and electrical vaults, cable troughs, light pole bases). Production is enabled by advanced automated batching systems (ACT/Wiggert PCS controls with moisture probes), Hawkeye Pedershaab PipePro systems, and computer-aided monolithic manhole molds. Multi-state DOT and trade certifications (NPCA, ACPA, VDOT, NCDOT, SCDOT, GDOT, MD SHA, WVDOH, DCWASA, WSSC, MSHA) qualify the company to supply public infrastructure projects.

CP&P generates revenue through project-based B2B sales of precast concrete products to municipal governments and state Departments of Transportation, general contractors, residential and commercial developers, industrial facility owners (including data centers and manufacturing plants such as LEGO), and electric and communications utilities. Pricing is project-specific and quote-based, with no publicly disclosed price list. The company sells via direct sales from its 17 regional facilities, supported by regional sales representatives and a "Find a Local Expert" contact channel, with logistics coordinated through its own trucking network. In December 2025, Commercial Metals Company (CMC, NYSE: CMC) acquired CP&P for $675 million in cash at a 9.5x EBITDA multiple, combining it with the concurrently acquired Foley Products Company to form the third-largest US precast concrete platform operating 35 facilities across 14 states, with full-year FY2026 precast EBITDA guidance of $165–175 million.

Name

Concrete Pipe & Precast

Legal name

Concrete Pipe & Precast, LLC

Website

https://concretepandp.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Concrete Pipe & Precast (CP&P) is a manufacturer of precast concrete infrastructure products — pipe, drainage structures, stormwater management systems, and vaults — serving municipal governments, DOTs, developers, and industrial customers across 17 facilities in the Mid-Atlantic and Southeast, acquired by CMC in December 2025.

Ownership category

akta.pro rank

Product category

Precast Concrete Products

NAICS

Concrete Pipe Manufacturing (327332), Concrete Pipe, Brick, and Block Manufacturing (32733), Other Concrete Product Manufacturing (327390)

SIC

Concrete Products, Except Block & Brick (3272), Concrete, Gypsum & Plaster Products (3270)

akta.pro primary industry

Concrete Pipe, Box Culverts & Drainage Structures (IMADAAAD)

akta.pro secondary industries

Precast Concrete Products (IMADAAAB), Concrete Equipment (Mixers, Pumps, Batching) (IMAHAAAK)

Keywords

• Precast concrete pipe
• Stormwater management systems
• Drainage infrastructure products
• Sanitary sewer structures
• Box culvert manufacturing

Headquarters

HQ city

Ashland

HQ country

United States

HQ region

North America

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Precast Concrete Products Sales: CP&P manufactures and sells precast concrete products (pipe, drainage structures, sanitary sewer, box culverts, endwalls, vaults) to municipal, contractor, and developer customers. Revenue is generated through product sales on a project-by-project basis, with pricing based on product type, specifications, and volume. The company operates 17 facilities across 7 states and was acquired by CMC for $675M at a 9.5x EBITDA multiple. CP&P's margins typically exceed 20%.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

CP&P manufactures and supplies precast concrete products across three divisions: Core Products (reinforced concrete pipe, drainage structures, sanitary sewer manholes/vaults, endwalls, box culverts), Engineered Products (StormArc modular stormwater detention, StormPass sand filtration systems, Clear Flow preassembled water and wastewater vaults, pump stations, metering, backflow prevention), and Dry Utility Products (communication vaults, electric vaults, cable troughs, light pole bases). Products are produced at 17 NPCA/ACPA-certified manufacturing facilities across 7 states in the Mid-Atlantic and South Atlantic.

Product overview

Concrete Pipe & Precast (CP&P) operates as a manufacturer and supplier of precast concrete products organized into three main divisions: Core Products, Engineered Products, and Dry Utility Products. The Core Products division includes traditional infrastructure products such as reinforced concrete pipe (RCP), elliptical pipe, drainage structures (inlets, manholes, junction boxes), sanitary sewer systems, endwalls, and box culverts. The Engineered Products division provides advanced stormwater and water/wastewater solutions including StormArc and StormPass systems for stormwater detention and treatment, Hydroworks hydrodynamic separators, and Clear Flow preassembled vault systems for water metering, booster pumps, and sewage handling. The Dry Utility Products division supplies precast concrete products for communication and electrical infrastructure including vaults, cable troughs, and light pole bases. CP&P operates 17 manufacturing facilities across seven states in the Mid-Atlantic and Southeast regions and was acquired by Commercial Metals Company (CMC) in December 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Reinforced Concrete Pipe (RCP) Standard circular reinforced concrete pipe for drainage and infrastructure applications, available in various diameters and strength classes including special design configurations for deep-cover installations up to 50 ft.
• Elliptical Concrete Pipe Horizontal Elliptical Reinforced Concrete Pipe (HERCP) recommended for applications requiring lower cover or specific hydraulic characteristics.
• Flared End Sections Precast concrete flared end sections designed to anchor pipe into surrounding soil and provide erosion protection at pipe exits.
• Mitered End Sections Precast concrete mitered end sections for pipe installations requiring angled terminations.
• Drainage Inlets Precast concrete drainage inlets for stormwater collection, with specifications varying by state including VDOT, NCDOT, SCDOT, and MD SHA standards.
• Concrete Manholes Precast concrete manhole structures for drainage applications, including the PERFECT Monolithic Manhole system with computer-generated precision for consistent hydraulics.
• Concrete Junction Boxes Precast concrete junction boxes for connecting multiple drainage pipes and providing access to underground systems.
• Sewer System Manholes Precast concrete manhole structures for sanitary sewer applications, available with protective liner systems against microbial induced corrosion (MIC).
• Sanitary Sewer Vaults Precast concrete vaults for sanitary sewer infrastructure applications.
• Endwalls Precast concrete endwalls for pipe outlet protection, with state-specific designs for North Carolina and South Carolina.
• Box Culverts Precast concrete box culvert systems available in single cell, multi-cell monolithic, and three-sided configurations for stormwater conveyance and bridge applications.
• Miscellaneous Precast Products Additional precast concrete products including railroad crossings, nuclear vaults, and custom configurations.
• StormArc Detention System Modular precast stormwater detention/retention system with stackable chambers, integrated outlet control box, and PVC liner for watertight applications. Designed for AASHTO HL-93 vehicular live loading.
• StormPass Sand Filter System Modular precast stormwater treatment system using ASTM C-33 sand filtration. Available in DSF (Distributed), LSF (Linear), and CSF (Custom) configurations, with optional integrated detention (DSF+, LSF+, CSF+) and SP1/SP2/SP3 cell configurations for site-specific sizing.
• StormPass Sand Filters Modular precast stormwater treatment solutions using ASTM C-33 sand media. Functions as standalone treatment devices or with integrated detention, designed for AASHTO HL-93 vehicular loading.
• Hydroworks Stormwater Treatment Systems Advanced stormwater treatment systems for efficient management and treatment of stormwater runoff, including hydrodynamic separators and filtration/infiltration solutions offered through partnership with Hydroworks.
• Hydrodynamic Separators Stormwater treatment devices offering efficient pollutant removal while ensuring long-term durability for stormwater management applications.
• Filtration and Infiltration Systems Modular filter systems designed to achieve infiltration goals, suitable as standalone devices or part of advanced treatment systems for stormwater quality management.
• Clear Flow Metering Vaults Preassembled meter vaults ready for on-site installation, available with or without instrumentation for water usage measurement and monitoring.
• Clear Flow Water Booster Pump Stations Advanced booster pump stations ensuring consistent and powerful water supply for residential and commercial applications.
• Clear Flow Pressure Reducing & Altitude Valve Vaults Durable precast concrete vaults with integrated technology for optimizing water infrastructure designs through pressure regulation.
• Clear Flow Backflow Prevention Vaults Reliable backflow prevention vaults designed to protect water supply from contamination and ensure safety compliance.
• Clear Flow Pump Stations Preassembled sewage pump stations available in submersible and end suction configurations, paired with matching control panels meeting local requirements.
• Clear Flow Oil/Water Separators Preassembled oil water separators designed and constructed for maximum efficiency in maintaining environmental standards and ensuring proper separation.
• Clear Flow Shredder Vaults Sewage comminutor vaults designed for easy removal of sewage shredders, including flow channels, bar screens for overflows, and weir plates.
• Clear Flow Sewage Lift Stations Customizable lift stations built to handle various volumes and site conditions for a wide range of environments.
• Clear Flow Blow Down Metering Vaults Durable and accurate blow down metering vaults designed for enhanced operational reliability and reduced maintenance costs.
• Communication Vaults Precast concrete vaults for dry utility applications supporting communication infrastructure.
• Electric Vaults Precast concrete vaults for electrical utility infrastructure, supporting power distribution systems, available in sizes from under 2x2 ft to 20x10 ft and larger.
• Cable Troughs Precast concrete cable troughs for protecting and routing electrical and communication cables in utility infrastructure.
• Light Pole Bases (LPB) Precast concrete bases for supporting light poles in transportation and infrastructure applications.
• Dry Utility Accessories Accessories and components for dry utility installations supporting communication and electrical infrastructure.
• PERFECT Monolithic Manhole Monolithically cast manhole base and invert channel using computer-aided design and precision steel molds. Provides consistent pipe angles, slopes, curves, channels, and benches; superior strength and hydraulics; reduced confined-space labor and faster installation.

Quantifiable outcome

• 36,000+ cubic feet of stormwater detention installed in urban site using 10 modular precast systems at Courier Square, Charleston, SC
• +3 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Truliance ConsultingminorImplementation/ SI/ Consulting Partner · 16 October 2025Truliance Consulting served as operational advisor to CMC during due diligence processes for its dual acquisitions of Foley Products Company and Concrete Pipe & Precast. Truliance supported both diligence processes by evaluating plant performance, leadership structure, modernization opportunities, and integration readiness.
• Americast Inc. (Eagle Corporation)coreStrategic or Co-development Partner · 1 August 2012Americast Inc., a wholly owned subsidiary of Eagle Corporation, co-founded CP&P in August 2012 through a 50/50 joint venture with Hanson Pipe & Precast LLC. Americast contributed selected operations in the mid-Atlantic region. Eagle Corporation is a diversified building products company headquartered in Charlottesville, VA.
• Hanson Pipe & Precast LLC (Lehigh Hanson/HeidelbergCement)coreStrategic or Co-development Partner · 1 August 2012Hanson Pipe & Precast LLC, part of Lehigh Hanson Inc. (member of HeidelbergCement Group), co-founded CP&P in August 2012 through a 50/50 joint venture with Americast. Hanson was the largest manufacturer of concrete pipe and precast products in North America at the time. Contributed selected operations in the Southeast.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Oldcastle Infrastructure: Oldcastle Infrastructure (CRH plc) is the largest North American manufacturer of precast concrete pipe, drainage structures, and engineered stormwater/water systems. Direct overlap with CP&P across RCP, manholes, box culverts, and stormwater treatment, but with materially broader geographic reach and product depth.
• Hanson Pipe & Precast (HeidelbergCement): Hanson Pipe & Precast was the JV co-founder of CP&P in 2012 and is part of Lehigh Hanson/HeidelbergCement. It is the largest concrete pipe and precast manufacturer in North America and competes directly with CP&P in many of the same Southeast markets.
• Rinker Materials (CSR Limited/Quanta): Rinker Materials is a large manufacturer of concrete pipe and storm water drainage products, particularly active in Florida and the Southeast. Direct overlap with CP&P on RCP and drainage structures in adjacent geographic markets.

Direct peers

• Foley Products Company: Foley Products is a manufacturer of concrete pipe and precast structures across the Southeast and was acquired alongside CP&P by CMC to form a combined 35-facility precast platform. It is the most direct operational peer and now a sister company within CMC's precast business.
• Forterra: Forterra is a leading U.S. manufacturer of concrete pipe, precast structures, and water management products, serving DOTs and municipalities across multiple regions. Highly comparable product portfolio to CP&P including RCP, manholes, and stormwater systems, with overlapping DOT customer base.
• County Materials Corporation: County Materials is a family-owned manufacturer of concrete pipe, precast structures, and engineered concrete products serving the Midwest and Mid-Atlantic. Comparable product mix in drainage structures, manholes, and water/wastewater vaults.
• Jensen Precast: Jensen Precast manufactures precast concrete products including utility vaults, manholes, pump stations, and water/wastewater structures across the western U.S. Highly comparable engineered products portfolio and similar DOT/municipal customer base.
• Mack Industries: Mack Industries is a precast concrete manufacturer producing pipe, manholes, and engineered structures for water, sewer, and stormwater applications across the Midwest and Mid-Atlantic. Comparable product mix and DOT/municipal customer base.
• Lindsay Precast: Lindsay Precast (a Quanta Services company) produces precast concrete utility structures, including communication and electrical vaults, manholes, and water/wastewater systems. Direct overlap with CP&P's dry utility and engineered product lines, particularly for data center and utility customers.

Emerging players

• Concast (a Quanta Services business): Concast specializes in precast concrete products for the utility and infrastructure markets, with growing presence in water/wastewater and electrical vaults. Comparable in engineered products category, though smaller and more regionally focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCNHpkG4u6NOWT34Pcfpnd7w
• Facebookfacebook.com/concretepandp
• LinkedInlinkedin.com/company/concrete-pipe-&-precast

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concrete Pipe & Precast