Tuesday, 18 December 2018 19:27

Lane Construction sold to Eurovia

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STATEWIDE - A half dozen Maine paving plants were part of a recently completed half billion dollar sale involving two multi-national companies.

According to a statement on Lane Construction Corporation's website, the purchase of its plants and paving division to Eurovia was finalized at the end of last week.

According to a company spokesperson, plants in Hermon, Charlotte, Presque Isle, Hancock, Washington and Lewiston were included in the sale.

Basically, the sale of those plants means the Connecticut-based Lane Construction no longer has a presence in the state.

The spokesperson said all Maine employees are expected to be retained by the new owner.

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