PRESS

Baton Rouge-based precast concrete company Boykin Brothers has been acquired by Louisiana investment firm GKB Management, and will now be doing business under the name Louisiana Concrete Products, according to an announcement from GKB. 

Boykin Brothers, founded more than 50 years ago, specializes in bridges, roads, medical facilities, commercial and recreational buildings, and sports facilities—including the east and west upper deck expansion at LSU’s Tiger Stadium. It was purchased by Connie Mack and Thomas and Michael Boykin in 1997 and the company was renamed. 

GKB primarily acquires companies that are undergoing a generational transfer of ownership and management.  

The change in ownership will allow Louisiana Concrete Products to meet the anticipated demand from the state’s upcoming investment in infrastructure, fueled by the anticipated $7.2 billion Louisiana will receive in federal funding, according to the announcement.  

“We see these infrastructure improvements coming down the line, as well as the multitude of industrial expansions happening in the state—from LNG to ammonia to fertilizer plants—and we want to make sure we’re positioned to do the best job,” says Dustin Gaspard, project manager and sales team lead at Louisiana Concrete Products, in a prepared statement. “We want to keep as much of that work in the state as possible and employ Louisiana residents to complete those anticipated projects.”

Following the change in ownership, Louisiana Concrete Products plans to hire additional employees and expand product offerings.