ABC Precast & Ready Mix Ltd. has a new owner and a new name.

ABC Precast & Ready Mix Ltd. has a new owner and a new name.

AJ Hustins, who was the general manager of the longstanding concrete company, recently entered into a lease agreement with ABC’s previous owners, Pennecon Ltd., to run the operation that is located on the Island Highway just south of Nanaimo.

The name of the new company is Nanaimo Precast Ltd. and it offers a full range of concrete and structural precast products, including bridges and bridge components, blast walls, precast building panels, architectural precast products, precast marine components and roadside barriers.

Hustins said the new company will also be producing and selling a full line of septic and holding tanks, cisterns and wastewater treatment systems, among other services and products.

“We’re only in our second week of operation as Nanaimo Precast. The industry is growing on the Island and we’re confident we’ll be successful,” he said.

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