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July 22, 2002

Westroc, Inc. acquires Staker and Parsons Companies

Westroc, Inc., a Pleasant Grove, Utah based leading supplier of ready mixed concrete and aggregates in Utah and Juab Counties, has purchased the ready mixed concrete operations located in Sanpete and Sevier Counties from Staker and Parsons Companies.

The purchase involved the ready mixed concrete plants of Western Rock Products located in Centerfield, Aurora, and Mount Pleasant, Utah. The purchase was an asset purchase.

The acquisition expands Westroc, Inc.'s operations in central Utah. Westroc, Inc., currently has aggregate and ready mixed concrete operations located in Mona, Utah in Juab County. This acquisition gives Westroc, Inc., greater access to markets located in Sanpete and Sevier Counties.

Westroc, Inc., currently has operations located in Highland, Pleasant Grove, Springville, and Mona, Utah. Employees currently in the Western Rock Products ready mixed concrete plants will be retained to ensure continuity for Westroc, Inc. customers. Other administrative functions will be integrated into Westroc, Inc.'s current operations.

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