Sources: Cemex S.A.B. de C.V., Monterrey, Mexico; CP staff
Cemex has closed on the assets of Texas’ Beck Readymix Concrete Co. Ltd., including one portable and three fixed plants to service the San Antonio metropolitan area and surrounding markets.
“Texas is experiencing explosive growth, and Cemex has repeatedly shown it is ready to make moves to help fuel it,” says Cemex USA Texas Regional President Scott Ducoff. “By acquiring these facilities, [we] 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 are] proactively looking for opportunities to grow our operations in the U.S. and adapting to meet the needs of our customers,” adds 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 neighbor for more than 25 years.”
The Beck Readymix operations are located about 25 miles from the Balcones Cement Plant and Balcones Quarry in New Braunfels, which Cemex has operated since 1994. The country’s largest aggregates source by volume per the U.S. Geological Survey, the Balcones Quarry recently marked its 50th anniversary.