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Graymont announces dissolution of its Materials Group in Quebec

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World Cement,

Following a strategic review, Graymont has announced the decision to dissolve its Materials Group in Quebec.

The decision involves the divestiture of certain assets in the Portneuf region, a restructuring of Graymont operations at the Joliette plant and a reduction of the number of employees at those sites.

Graymont will proceed with the sale of the Béton St-Marc ready-mix plant, Redi-Rock division and St-Raymond sand pit and Neuville Quarry.

As a result of the dissolution of its Materials Group in Quebec, Graymont will be reducing the number of employees by approximately 15 at the Saint-Marc-des-Carrières operation and 35 at the Joliette plant.

Graymont engineering and customer service employees located in Joliette will not be impacted by these measures.

Adapted from press release by Joseph Green

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