Pendleton County Quarry has a New Owner
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A longtime Pendleton County quarry has a new owner, as Vulcan Materials Company has acquired the Butler Quarry from Hilltop Stone. The transaction brings one of the region’s longtime limestone suppliers under the ownership of Vulcan, which is the nation’s largest supplier of construction aggregates, including crushed stone, sand and gravel. The acquisition was announced this week, with financial terms of the deal not disclosed.
Located near Butler, Kentucky, the quarry has been supplying limestone products to construction markets throughout Greater Cincinnati and Northern Kentucky for more than 70 years. Its location has made it an important source of aggregate materials for the surrounding region, and Greystone Group noted that Butler Quarry is one of only a few hard rock quarries in the area. Kentucky Transportation Cabinet records also list the Butler operation as a limestone source in Pendleton County.
The quarry has a long history under Hilltop Stone and its parent company, Hilltop Basic Resources. According to Greystone, Hilltop was founded as a family-owned business in 1941 and acquired the Butler Quarry from Cemex in 2001. Over the years, the operation became part of a larger construction-materials business serving the Greater Cincinnati market with aggregate and ready-mix concrete products.
For Pendleton County, the change in ownership represents another significant connection between a local industrial operation and the broader construction industry serving Northern Kentucky and Greater Cincinnati. While details about Vulcan’s plans for the Butler operation were not included in the announcement, the acquisition places the quarry within a much larger national aggregates company. Vulcan is headquartered in Birmingham, Alabama, and operates as a major supplier of construction aggregates across the United States.
Greystone Group served as Hilltop Stone’s exclusive financial advisor and managed the transaction. Hilltop Basic Resources President Kevin Sheehan said the company turned to Greystone when it decided to divest the Northern Kentucky quarry, citing the advisory firm's experience in construction-materials mergers and acquisitions. For a quarry that has served the region for more than seven decades, the sale marks the end of Hilltop Stone’s ownership while beginning a new chapter for the Butler operation under Vulcan Materials.
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