Texas Concrete Supplier Files for Bankruptcy, Cites ICE as Key Factor in Financial Collapse

MISSION, TX — A major concrete supplier in the Rio Grande Valley has filed for Chapter 11 bankruptcy protection, with its CEO directly attributing the decision to labor shortages caused by intensified federal immigration enforcement actions.

57 Concrete, headquartered in Mission and a primary supplier for residential and commercial construction projects across the region, filed for bankruptcy last month. 

CEO Eliud Cavazos told ValleyCentral that increased Immigration and Customs Enforcement (ICE) activity has significantly slowed residential construction — the company’s main revenue source — forcing builders to scale back projects due to workforce shortages.“If we didn’t do it, we would have probably run out of cash flow by this point,” Cavazos said. 

He said that the filing was necessary to protect the company’s fleet and equipment, noting that without Chapter 11 protection, up to 20 cement trucks could have been lost. The company maintains a fleet of more than 220 vehicles and nearly $3 million in annual fleet-related costs alone. 

Since summer 2025, 57 Concrete has laid off between 25 and 30 percent of its workforce. Cavazos said residential builders — the company’s primary customers — have reduced output dramatically, with some completing only one or two homes per month instead of five. The company estimates it has lost up to 70 percent of its residential business as a result. 

Commercial projects account for only about 30 percent of total revenue, leaving the company unable to cover fixed obligations with reduced volume. “If you do not have enough volume, then you cannot fulfill your obligations with your fixed payments,” Cavazos explained. 

Despite the bankruptcy filing, 57 Concrete remains fully operational. Trucks continue to deliver concrete to job sites, and Cavazos said all assets are intact. The CEO’s goal is to exit bankruptcy protection within the next 12 months. 

Cavazos described the situation as a “new financial reality” for 57 Concrete, adding, “We will be operating with the new reality with the financials of the company. We keep rolling, and we grow — we will continue growing.”