Opportunity
Federal Register #2026-16850
Antitrust Settlement Requiring Divestiture of Hot-Mix Asphalt Plants in Tennessee
Buyer
Justice Department, Antitrust Division
Posted
August 19, 2026
Identifier
2026-16850
This notice concerns a proposed antitrust settlement related to the acquisition of Standard Construction Group, Inc. by APAC-Tennessee, Inc., a subsidiary of CRH plc. - Government Buyer: - U.S. Department of Justice, Antitrust Division - State of Tennessee Attorney General - OEMs and Vendors: - CRH plc (parent company of APAC-Tennessee, Inc.) - APAC-Tennessee, Inc. - Standard Construction Group, Inc. - Products/Assets Involved: - Hot-mix asphalt plants and associated assets - APAC's plant at 4765 Tuggle Road, Memphis, TN - Standard's plant at 7666 Raleigh Millington Road, Millington, TN - Assets include real and personal property, contracts, licenses, records, and intellectual property - Unique Requirements: - Divestiture of specified plants to Dunn Investment Company or another approved acquirer to preserve competition - Notification requirements for future acquisitions in Tennessee's hot-mix asphalt market - Enforcement and compliance provisions for up to 10 years, with possible early termination after 5 years if conditions are met - No procurement of products or services; this is a legal action to maintain market competition
Description
This notice announces a proposed Final Judgment and Competitive Impact Statement filed with the United States District Court for the Western District of Tennessee in the case United States of America, et al. v. CRH PLC, et al. The case involves the proposed acquisition of Standard Construction Group, Inc. by APAC, which would result in APAC owning five of the seven Tennessee Department of Transportation (TDOT)-approved hot-mix asphalt facilities supplying Shelby County, Tennessee. The acquisition is alleged to reduce competition significantly, likely leading to increased prices for hot-mix asphalt used in road construction and maintenance projects funded by the state and private entities. The plaintiffs seek to enjoin the acquisition to prevent anticompetitive effects in the market.