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Acquisitions & investments
Still focused on advancing its growth strategy, Peckham Industries has recently completed two major acquisitions. E. Tetz & Sons, Inc. and its subsidiary, Tetz Asphalt LLC,( collectively known as Tetz) were acquired in 2023. In the following years, Peckham Industries purchased the Gorman Group( Gorman). Gregory tells us more about the newly acquired companies and how they have been integrated into the wider business.“ In a recent development, we welcomed Tetz and Gorman into our family of companies. The integration of Gorman into our liquid asphalt resale business, PARCO, has allowed us to be more flexible with our inventories. In addition, this move has empowered us to cater to our asphalt customers with a wider range of products and enhanced our delivery services. Meanwhile, the acquisition of the Tetz businesses provided us with two quarries, a sand and gravel pit, a blacktop
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