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Economy & Jobs

Construction Partners acquires asphalt plants in Abilene, Texas

Construction Partners, Inc. acquired the asphalt manufacturing and construction assets of J.H. Strain & Sons, Inc., adding two hot-mix asphalt plants and related equipment to serve the Abilene area and West Texas.

Where
Abilene, Texas
When
Oct. 5, 2026
Sources
Reported by 2 outlets

Counties: Taylor

Taxes and money

The sources don't state an effect on taxes. They do state these figures.

  • Acquired revenues projected to carry into fiscal 2027approximately $140 million2 Who pays or receives it: Construction Partners

Does this affect you?

Who's involved

  • Construction Partners, Inc.Acquiring company
  • J.H. Strain & Sons, Inc.Acquired company
  • Fred J. (Jule) Smith, IIIPresident and Chief Executive Officer of Construction Partners
  • Ross StrainOwner/leader of J.H. Strain & Sons
  • Kent StrainOwner/leader of J.H. Strain & Sons
  • Lone Star PavingTexas platform company of Construction Partners

The facts

  • Transaction adds two hot-mix asphalt plants and related equipment serving greater Abilene area.1 2 Stated by 2 sources
  • Acquisition brings more than 125 employees to Lone Star Paving platform.1 2 Stated by 2 sources
  • J.H. Strain & Sons headquartered in Tye, Texas.1
  • Abilene market includes several data center-related developments.1 2 Stated by 2 sources
  • Construction Partners also completed Oklahoma acquisition Aug. 31, 2026 and Florida acquisition Sept. 21, 2026.2
  • Acquisitions expected to contribute about 22% of growth at midpoint of fiscal 2026 guidance.2

Who said what

These are statements and claims made by the people involved. They are reported, not verified.

  • Fred J. Smith, III, CEO Abilene is growing Texas market with diversified economy and significant ongoing investment.1
  • Fred J. Smith, III, CEO Addition provides Lone Star strong local presence to serve customers throughout greater Abilene area.1

How they headlined it

The same event, as each outlet put it. Marked words appear in only one outlet's headline.

  • Construction Partners, Inc. Completes Texas Acquisition

    Yahoo Finance

  • Can Construction Partners' Texas Acquisition Expand Its Abilene Reach?

    Yahoo Finance UK

Sources

Outlets: 2 left-leaning Only left-leaning outlets reported this Who's covering Texas →

These outlets were found through Google News headlines. Google decides which outlets appear there, and they lean mostly one way, so this sheet can only be as balanced as the reporting it was built from. Leanings are AllSides Media Bias Ratings.

  1. Construction Partners, Inc. Completes Texas Acquisition Yahoo Finance Lean Left, October 5, 2026
  2. Can Construction Partners' Texas Acquisition Expand Its Abilene Reach? Yahoo Finance UK Lean Left, October 6, 2026

This sheet was written by AI from the sources above and adds nothing they don't state. Read the originals for full context.

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