Foley Products Company

What Foley Products Company does

Foley Products Company is a regional manufacturer of precast concrete and pipe products serving infrastructure and utility construction markets across the United States. Founded in 1981 and headquartered in Columbus, Georgia, the company operated multiple manufacturing facilities across the Southeastern, Central, and Western regions, supplying precast concrete structural elements and pipe products used in roads, bridges, utilities, and municipal infrastructure projects across nine U.S. states. Its customer base spans construction contractors, utility operators, and municipal governments procuring precast components for public works and infrastructure projects.

The company's core technology is precast concrete manufacturing, producing standardized structural components and pipe products delivered directly to project sites. Foley employed between 501 and 1,000 people and generated revenue through one-time B2B hardware sales transactions priced via direct quotes based on project specifications, volumes, and delivery requirements. Its go-to-market was enterprise field sales targeting infrastructure and utility customers, with direct-to-site distribution from manufacturing facilities. In December 2023, Foley expanded its geographic footprint and product portfolio by acquiring Coastal Precast of Florida, Inc.

In October 2025, Commercial Metals Company (NYSE: CMC) announced a definitive agreement to acquire Foley for $1.84 billion in cash at a 10.3x multiple of forecasted 2025 EBITDA, and the transaction closed in December 2025. Foley was acquired alongside Concrete Pipe and Precast (CP&P) for a combined ~$2.5 billion, creating the third largest precast concrete platform in the United States with 35 facilities across 14 states. CMC anticipates $25-30 million in annual run-rate synergies by year three. Following the transaction, Foley Products operates as a wholly-owned subsidiary of CMC, with Frank D. Foley III serving as President and Chief Executive Officer.

Name

Foley Products Company

Legal name

Foley Products Company

Website

https://foleyproducts.com

Company type

Private

Founded year

1981

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Foley Products Company is a regional manufacturer of precast concrete and pipe products serving infrastructure, utility, and municipal construction customers across nine U.S. states. Founded in 1981 and headquartered in Georgia, the company was acquired by Commercial Metals Company for $1.84 billion in December 2025.

Ownership category

akta.pro rank

Product category

Precast Concrete Manufacturing

NAICS

Concrete Pipe Manufacturing (327332), Cement and Concrete Product Manufacturing (3273)

SIC

Concrete Products, Except Block & Brick (3272)

akta.pro primary industry

Concrete Pipe, Box Culverts & Drainage Structures (IMADAAAD)

akta.pro secondary industry

Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

Keywords

• Precast concrete products
• Concrete pipe products
• Infrastructure concrete solutions
• Utility construction products
• Precast concrete manufacturing

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Revenue model

1. Precast Concrete Products: Sale of precast concrete and pipe products to infrastructure and construction customers. Products used in utility and infrastructure projects. Revenue is one-time transaction-based for product delivery.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Foley Products Company manufactures and supplies precast concrete and pipe products used in infrastructure and utility construction projects. The company operates multiple manufacturing facilities across nine U.S. states in the Southeastern, Central, and Western regions, producing structural concrete elements and pipe products for roads, bridges, utilities, and municipal infrastructure.

Product overview

Foley Products Company is a regional precast concrete services provider offering precast concrete and pipe products across nine U.S. states. The company operates multiple manufacturing facilities across the Southeastern, Central, and Western regions, supplying products used in infrastructure and utility projects. In December 2025, Foley Products was acquired by Commercial Metals Company (CMC) for $1.84 billion as part of CMC's strategy to create the third largest precast platform in the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Precast Concrete Products
• Pipe Products

Quantifiable outcome

• Third largest precast platform in the United States

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Coastal Precast of Florida, Inc.coreStrategic or Co-development Partner · 8 December 2023Foley Products Company acquired Coastal Precast of Florida, Inc. on December 8, 2023, enabling expansion of product offerings in Southwest Florida. Located in Newnan, Georgia.

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Forterra: Major U.S. producer of concrete pipe, precast structures, and drainage products serving water, sewer, and stormwater markets. Competes head-to-head with Foley on municipal infrastructure bids and operates a similarly distributed manufacturing footprint.
• Concrete Pipe and Precast (CP&P): Concrete pipe and precast manufacturer acquired alongside Foley by CMC for a combined ~$2.5B. Operates the same product categories (concrete pipe, manholes, drainage structures) across overlapping U.S. regions, making it the most direct functional peer and the natural counterpart in CMC's platform strategy.
• Rinker Materials (Quikrete Holdings): Manufactures concrete pipe, precast structures, and concrete products for infrastructure and utility applications across the U.S. Directly comparable product mix and customer base to Foley, particularly in storm and sanitary sewer projects.
• Jensen Precast: Regional precast concrete manufacturer serving utility, building, and transportation markets across the Western and Southwestern U.S. Overlaps with Foley's Western and Central regions on utility and infrastructure product lines.
• County Materials Corporation: Family-owned manufacturer of concrete pipe, precast structures, and concrete products serving infrastructure, utility, and agricultural markets in the Midwest, Southeast, and Southwest. Direct competitor on municipal water and sewer projects.
• Cretex Companies: Midwest-based precast concrete and engineered products group producing manholes, pipe, and specialty infrastructure components. Comparable in scale to Foley and competes on similar DOT, municipal, and utility specifications.

Broad incumbents

• Hanson Pipe & Precast (Heidelberg Materials): U.S. arm of Heidelberg Materials producing concrete pipe, precast, and aggregates for infrastructure markets. Part of a much larger global building materials conglomerate but directly competes on Foley's pipe and drainage product lines.
• Oldcastle Infrastructure (CRH): Division of CRH plc operating a national network of precast concrete plants producing pipe, manholes, and drainage structures. Significantly larger scale than Foley and competes across nearly all of Foley's end markets.
• Commercial Metals Company (CMC): Foley's parent company and the strategic acquirer that combined Foley and CP&P into its precast platform. Although now a parent rather than competitor, CMC's broader steel, rebar, and metal products portfolio gives it procurement and cross-sell leverage not available to standalone precast peers.

Emerging players

• Advanced Drainage Systems (ADS): Publicly traded leader in water management solutions, primarily HDPE and polypropylene pipe, with a growing precast concrete and drainage structures offering. Competes with Foley on storm and sanitary sewer bids where material spec is not locked to concrete.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/foley-products-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Foley Products Company