McInnis Cement has acquired two cement terminals from CRH Canada, the company said in the press release. The terminals will open up the construction markets in New Brunswick, Nova Scotia, and Prince Edward Island, for the company, which operates the newest cement plant in North America.
Existing orders of clients supplied through the two terminals will be honoured by McInnis, while their current employees will be integrated into the company.
McInnis has also agreed to supply cement to three CRH Canada cement terminals in Newfoundland from McInnis’ plant in Port-Daniel – Gascons. The Long Pond, Argentia, and Corner Brook terminals will start to receive cement from McInnis this Autumn.
“With the addition of these terminals to our network, we are now able to secure a solid position in this market,” said Hervé Mallet, President and CEO of McInnis Cement.
In addition to the terminal acquired from CRH Canada, the McInnis distribution network includes marine terminals in Providence, Rhode Island, USA, as well as Sainte-Catherine, Québec, and Oshawa, Ontario, Canada. A rail transhipment station is also operations in New Richmond, Québec, while a marine terminal in the Bronx, New York, will join the network next year.
Read the article online at: https://www.worldcement.com/the-americas/11092017/mcinnis-acquire-crh-canada-terminals/