Peckham acquisition signals expansion

Peckham Industries Inc. website photo Peckham Industries buys E. Tetz & Sons of Orange County. The asphalt producing company, which owns the PARCO terminal in Athens, expands into the southern Hudson Valley region with the acquisition.

ATHENS — Peckham Industries has acquired E. Tetz & Sons of Middletown for an undisclosed amount as part of the company’s expansion into the southern Hudson Valley.

“The acquisition allows us to further integrate and grow our presence in the lower Hudson Valley region, one of the most rapidly growing parts of the state,” Peckham Industries President Damian Murphy said. “Peckham believes that our family-by-choice culture delivers value as the trusted supplier of construction materials and products in the communities that we serve.”

More than 130 employees will be added to Peckham’s roster, Peckham Marketing Director Madison Kappel said.

Murphy said Tetz’s history and the contribution the company has made to business in the region helped drive the acquisition.

‘Our shared values as family-owned companies will ensure a seamless transition,” E. Tetz & Sons President Gary Tetz Sr. said.

Tetz is the leading aggregate, ready-mix concrete and hot-mix asphalt producer in Orange County. Tetz has been in the construction materials industry since 1956. The company was founded by Edward Tetz, who built the business through hard work, effort, grit and determination over multiple generations. Today, Tetz is one of the leading construction materials producers in southern New York state.

Privately held Peckham, a family-operated company entering its 100th year, employs 1,200 people at more than 30 facilities in New York, Massachusetts, Connecticut, Rhode Island and Vermont. Peckham and its companies provide road construction materials and services including hot asphalt, liquid asphalt, asphalt emulsion, stone and aggregates, ready-mix concrete and liquid calcium chloride.

Tetz owns several quarry operations and a state-of-the-art facility at the intersection of Route 84 and Route 17 in Newburgh, according to the company. The location includes a 400 tons-per-hour drum plant and a new, high-production, fully enclosed ready-mix concrete plant.

“As we work through the integration process, we’re looking forward to being a part of the growth of Peckham Industries in the surrounding region,” Tetz said.

Peckham also manufactures precast structural concrete components for large-scale construction projects throughout the Northeast, according to the company.

In October 2022, Peckham acquired T. Miozzi of Rhode Island, and in January 2020, purchased the John F. Lane Company of Massachusetts, but the company’s most celebrated achievement in the last two years is the saving of a life.

On the morning of June 9, 2022, Tommy Faxon, owner of Tommy Faxon Excavation, was displaying symptoms of a heart-related emergency while unloading a tanker at Peckham’s PARCO terminal in Athens, New York.

Scott Pooters, Peckham’s liquid division manager, was nearby as this was happening, along with fellow members Joe Sisto and Ahron Young. Sisto, alongside an acquaintance of Faxon, who works as a Columbia County 911 dispatcher, performed chest compressions while they waited for EMS to arrive.

Pooters hooked Faxon to one of the on-site AEDs and administered a shock based on instructions from the device. The efforts of this well-trained trio had allowed Faxon to be revived twice prior to the arrival of EMS staff before he was transported to the hospital.

Later that day, Peckham received word that Faxon had successfully undergone surgery and was recovering. Because of their in-depth knowledge and preparedness, Pooters, Sisto and Young had saved a life. Faxon has since made a full recovery and returned to his business.

Johnson Newspapers 7.1