CEMEX Expands Aggregates Reach to North Texas with New Quarry Acquisition
HOUSTON, Sept. 12, 2018 /PRNewswire/ -- CEMEX USA announced today it closed on the purchase of a turn-key, fully-operational aggregates quarry in Chico, Texas, from Blue Star Materials II, LLC, further strengthening its aggregates network and expanding into the Dallas-Fort Worth area.
The 122-acre site and quarry plant is 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 deep roots in Texas with some facilities 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 U.S. 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."
CEMEX is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries throughout the world. Its U.S. network includes 11 cement plants, more than 50 strategically-located distribution terminals, 50 aggregate quarries and nearly 270 ready-mix concrete plants.
SOURCE CEMEX
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