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CEMEX USA closes on purchase of Texan aggregates quarry

Published by
World Cement,


CEMEX USA has closed on the purchase of a turnkey, fully-operational aggregates quarry in Chico, Texas, from Blue Star Materials II, LLC.

The 122-acre site and quarry plant located approximately 45 miles northwest of Fort Worth in Wise County with more than 25 years of quality limestone reserves.

“The Dallas-Fort Worth area is expected to grow exponentially over the next 30 years,” CEMEX USA Regional President—Texas and New Mexico Region, Joel Galassini, said. “By acquiring a quarry that’s currently operational, we can start contributing to that growth almost immediately and bring CEMEX’s strong network along with our expertise to projects in the Metroplex.”

CEMEX has facilities in Texas that have operated close to five decades, including the Balcones Quarry in New Braunfels which was recently ranked as the top crushed stone operation by volume in the nation by the US Geological Survey. CEMEX’s extensive Texas network includes one centrally-located cement plant, close to 10 distribution terminals, five aggregates operations and nearly 30 ready-mix plants.

“CEMEX has a strong aggregates network in Texas which has supplied some of the largest projects in the state,” said CEMEX USA President, Ignacio Madridejos. “We look forward to bringing our high-quality products to North Texas and working with our customers to build a better future by giving them a reliable source for aggregates for years to come.”

Read the article online at: https://www.worldcement.com/the-americas/13092018/cemex-usa-closes-on-purchase-of-texan-aggregates-quarry/

 

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Cemex news Aggregates news