{"id":768737,"date":"2023-07-10T18:33:03","date_gmt":"2023-07-10T22:33:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/core-main-completes-acquisition-of-foster-supply\/"},"modified":"2023-07-10T18:33:03","modified_gmt":"2023-07-10T22:33:03","slug":"core-main-completes-acquisition-of-foster-supply","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/core-main-completes-acquisition-of-foster-supply\/","title":{"rendered":"Core &amp; Main Completes Acquisition of Foster Supply"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Core &amp; Main Completes Acquisition of Foster Supply<\/b><\/p>\n<p>ST. LOUIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcoreandmain.com%2F&amp;esheet=53445299&amp;newsitemid=20230710261925&amp;lan=en-US&amp;anchor=Core+%26amp%3B+Main+Inc.&amp;index=1&amp;md5=0a99704a43864d573b174b6238ac444d\">Core &amp; Main Inc.<\/a> (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Foster Supply Inc. and R.P. Foster Inc., collectively, Foster Supply. Foster Supply is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products operating out of seven locations in Kentucky, Tennessee and West Virginia.<\/p>\n<p><b><span class=\"bwuline\">About Core &amp; Main<\/span><\/b><\/p>\n<p>\nBased in St. Louis, Core &amp; Main is a leader in advancing reliable infrastructure\u2122 with local service, nationwide\u00ae. As a leading specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services, Core &amp; Main provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, nationwide. With approximately 320 locations across the U.S., the company provides its customers local expertise backed by a national supply chain. Core &amp; Main\u2019s 4,500 associates are committed to helping their communities thrive with safe and reliable infrastructure. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcoreandmain.com%2F&amp;esheet=53445299&amp;newsitemid=20230710261925&amp;lan=en-US&amp;anchor=coreandmain.com&amp;index=2&amp;md5=a73158fb3c401c343623c7c58115ce44\">coreandmain.com<\/a> to learn more.<\/p>\n<p><b><span class=\"bwuline\">Cautionary Note Regarding Forward-Looking Statements<\/span><\/b><\/p>\n<p>\nCertain statements contained in this press release include \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning Core &amp; Main\u2019s financial and operating outlook, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cforecasts,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201coutlook,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cpreliminary,\u201d or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.<\/p>\n<p>\nAdditional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230710261925r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230710261925\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230710261925\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations:<br \/>\n<\/b><br \/>Robyn Bradbury, 314-995-9116<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@CoreandMain.com\">InvestorRelations@CoreandMain.com<\/a><\/p>\n<p><b>Media Relations:<br \/>\n<\/b><br \/>Jennifer Noonan, 314-750-9670<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Jennifer.Noonan@CoreandMain.com\">Jennifer.Noonan@CoreandMain.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Missouri United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Energy Utilities Energy Other Construction &amp; Property Residential Building &amp; Real Estate Construction &amp; Property Steel Engineering Urban Planning Building Systems Landscape Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230710261925\/en\/1837424\/3\/CNM_Logo_%282%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Core &amp; Main Completes Acquisition of Foster Supply ST. LOUIS&#8211;(BUSINESS WIRE)&#8211;Core &amp; Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Foster Supply Inc. and R.P. Foster Inc., collectively, Foster Supply. Foster Supply is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products operating out of seven locations in Kentucky, Tennessee and West Virginia. About Core &amp; Main Based in St. Louis, Core &amp; Main is a leader in advancing reliable infrastructure\u2122 with local service, nationwide\u00ae. As a leading specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services, Core &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/core-main-completes-acquisition-of-foster-supply\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Core &amp; Main Completes Acquisition of Foster Supply&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-768737","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Core &amp; Main Completes Acquisition of Foster Supply - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/core-main-completes-acquisition-of-foster-supply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Core &amp; Main Completes Acquisition of Foster Supply - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Core &amp; Main Completes Acquisition of Foster Supply ST. LOUIS&#8211;(BUSINESS WIRE)&#8211;Core &amp; Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Foster Supply Inc. and R.P. Foster Inc., collectively, Foster Supply. Foster Supply is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products operating out of seven locations in Kentucky, Tennessee and West Virginia. About Core &amp; Main Based in St. Louis, Core &amp; Main is a leader in advancing reliable infrastructure\u2122 with local service, nationwide\u00ae. 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LOUIS&#8211;(BUSINESS WIRE)&#8211;Core &amp; Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Foster Supply Inc. and R.P. Foster Inc., collectively, Foster Supply. Foster Supply is a full-service provider of precast concrete structures, pipe, drainage materials and related geosynthetics products operating out of seven locations in Kentucky, Tennessee and West Virginia. About Core &amp; Main Based in St. Louis, Core &amp; Main is a leader in advancing reliable infrastructure\u2122 with local service, nationwide\u00ae. 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