L.B. Foster Completes $52.2M Dulworth Acquisition

L.B. Foster has expanded its precast concrete business through CXT’s acquisition of substantially all operating assets of Dulworth Enterprises in Rice.

The approximately $52.2 million transaction closed on October 28 and was announced the following day.

Dulworth’s products include residential wastewater precast components and aerobic treatment systems, adding to the group’s construction-products capabilities.

Integration is expected to take 12–18 months. The transaction establishes a change in ownership and operating assets, with no separate factory construction or expansion budget announced.