Foley Products Company Market Research Report
Background
Overview
Foley Products Company, established in 1981 by Frank Foley, is a leading provider of precast concrete products and reinforced concrete pipe in the United States. The company operates 18 facilities across nine states, serving the southeastern and western regions. Foley Products specializes in delivering critical infrastructure components, including drainage systems, water management solutions, dry utilities, and road construction materials. Their products are integral to residential, non-residential, and infrastructure projects.
Mission and Vision
Foley Products is committed to being a trusted infrastructure partner by providing high-quality precast concrete solutions that meet or exceed regulatory requirements and adapt to diverse project needs. Their mission is to deliver customized solutions that strengthen communities and support the development of America's infrastructure.
Industry Significance
As a significant player in the precast concrete industry, Foley Products contributes to the construction sector by offering durable and efficient infrastructure components. Their extensive manufacturing footprint and commitment to service excellence have positioned them as a key supplier in the southeastern and western United States.
Key Strategic Focus
Core Objectives
Foley Products aims to expand its market presence, enhance operational efficiency, and deliver innovative solutions that address the evolving needs of the construction industry. Their strategic focus includes:
- Market Expansion: Increasing their footprint in the southeastern and western United States.
- Operational Excellence: Improving manufacturing processes to ensure high-quality products and timely delivery.
- Customer-Centric Solutions: Providing customized products that meet specific project requirements.
Areas of Specialization
Foley Products specializes in the production of:
- Precast concrete manholes
- Catch basins
- Communications and electrical boxes
- Sound wall panels
- Median barriers
- Reinforced concrete pipes
- Box culverts
- Underground detention systems
- Stormwater quality products
Key Technologies Utilized
Foley Products employs advanced manufacturing techniques and quality control processes to produce durable and reliable precast concrete products. Their facilities are equipped with state-of-the-art machinery to ensure precision and efficiency in production.
Primary Markets Targeted
The company primarily serves:
- Contractors
- Municipalities
- Developers
These clients are involved in residential, non-residential, and infrastructure projects across the southeastern and western United States.
Financials and Funding
Funding History
Foley Products has experienced significant growth since its inception, expanding its operations and product offerings. In December 2023, the company acquired Coastal Precast of Florida, Inc., a producer of sewer pipe and precast concrete products in Fort Myers, FL, enhancing its market presence in the region.
Recent Acquisition
In October 2025, Commercial Metals Company (CMC) announced a definitive agreement to acquire Foley Products for a cash purchase price of $1.84 billion, subject to customary adjustments. The acquisition was completed in December 2025, positioning CMC as a leader in the precast concrete industry across the Mid-Atlantic and Southeast regions.
Intended Utilization of Capital
The acquisition by CMC is expected to:
- Enhance operational scale in the precast concrete sector.
- Provide access to a broader customer base.
- Unlock synergy opportunities to improve manufacturing efficiencies and reduce costs.
- Strengthen CMC's financial profile through increased margins and cash flow.
Pipeline Development
As a leading supplier of precast concrete and pipe products, Foley Products' offerings are integral to various infrastructure projects, including drainage systems, water management solutions, and road construction. The company's products are critical in applications across residential, non-residential, and infrastructure end markets.
Technological Platform and Innovation
Proprietary Technologies
Foley Products utilizes advanced manufacturing techniques and quality control processes to produce durable and reliable precast concrete products. Their facilities are equipped with state-of-the-art machinery to ensure precision and efficiency in production.
Significant Scientific Methods
The company employs rigorous quality control measures and engineering practices to ensure the structural integrity and longevity of their products. This includes adherence to industry standards and continuous improvement initiatives.
Leadership Team
Key Executives
- Frank D. Foley III: President & Chief Executive Officer. Frank joined The Concrete Company in 1974, after graduating from the University of Georgia with a Bachelor’s degree in Business Administration.
- Emily Brown: Vice President of Internal Business Operations and Strategy. Emily began her precast journey in 1999 with Sherman Dixie Concrete Industries while studying to earn a degree in Business Administration in Franklin, TN. She made Foley Products her home in 2017, with an objective of process development and overseeing the Project Management and Engineering-Design staff in Georgia, Alabama, and Tennessee.
Leadership Changes
In December 2025, Foley Products was acquired by Commercial Metals Company (CMC), leading to changes in the company's leadership structure as it integrated into CMC's operations.
Competitor Profile
Market Insights and Dynamics
The precast concrete industry is a significant segment of the construction sector, with domestic industry revenues of approximately $30 billion. The market is characterized by a mix of regional and national players, with opportunities for consolidation and expansion.
Competitor Analysis
Key competitors in the precast concrete industry include:
- Oldcastle Precast: A leading manufacturer of precast concrete products with a diverse product portfolio and a strong market presence.
- Tindall Corporation: Specializes in precast concrete solutions for commercial, industrial, and infrastructure projects.
- Sherman Dixie Concrete Industries: Provides precast concrete products primarily in the southeastern United States.
Strategic Collaborations and Partnerships
Foley Products has engaged in strategic collaborations to enhance its product offerings and market reach. For instance, in December 2023, the company acquired Coastal Precast of Florida, Inc., expanding its presence in the Florida market.
Operational Insights
The acquisition by CMC has positioned Foley Products as a significant player in the precast concrete industry, providing opportunities for operational synergies and enhanced market competitiveness.
Strategic Opportunities and Future Directions
Strategic Roadmap
Post-acquisition, Foley Products, as part of CMC, aims to leverage its expanded operational scale to:
- Enhance Product Offerings: Develop and deliver a broader range of precast concrete solutions to meet diverse customer needs.
- Expand Market Reach: Utilize CMC's extensive network to enter new geographic markets and customer segments.
- Drive Innovation: Invest in research and development to introduce innovative products and manufacturing processes.
Future Business Directions
Foley Products is well-positioned to capitalize on the growing demand for infrastructure development across the United States. By integrating with CMC, the company can leverage enhanced resources and capabilities to achieve its strategic objectives.
Contact Information
Official Website
Foley Products Company
LinkedIn Profile
Foley Products, A CMC Precast Business
Headquarters Location
Winder, Georgia, United States
