CEMEX has announced that its US operations are expanding its strong Texas network with the acquisition of a ready-mix business in San Antonio, TX, as part of its growth initiative.
CEMEX acquired the ready-mix assets of Beck Readymix Concrete Co. LTD., including three strategically located ready-mix concrete plants and one portable plant to service the San Antonio metropolitan area and surrounding areas.
“Texas is experiencing explosive growth, and CEMEX has repeatedly shown it is ready to make moves to help fuel it,” said CEMEX USA Texas Regional President Scott Ducoff. “By acquiring these facilities, CEMEX will be able to deliver our high-quality products that many Texans are already familiar with to satisfy the high demand of customers of one of the state’s most dynamic markets. We welcome our new employees and look forward to a smooth transition for them.”
CEMEX’s newly acquired operations sit roughly 40 km (25 miles) from the company’s Balcones Cement Plant and Balcones Quarry in New Braunfels, Texas. CEMEX has operated both facilities since 1994. The Balcones Quarry, the largest aggregates quarry in the United States by volume per the US Geological Survey, recently celebrated its 50th anniversary.
“CEMEX is proactively looking for opportunities to grow our operations in the US and adapting to meet the needs of our customers,” said CEMEX USA President Jaime Muguiro. “We are excited that this acquisition will expand our product offering to customers in a market that’s been our neighbour for more than 25 years.”
Read the article online at: https://www.worldcement.com/the-americas/17022021/cemex-expands-into-south-texas-markets/