Drake strengthens Phoenix market integration with aggregate reserves

Sources: Drake Companies, Scottsdale, Ariz.; CP staff

Drake CEO Marco Gomez has announced the addition of major aggregate reserves to a portfolio of ready mixed and cement distribution assets in the metropolitan Phoenix area. With four locations spread strategically throughout Maricopa and Pinal counties, Drake has added long-term aggregate holdings with reserves in excess of 70 million tons.

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Arizona’s Drake Cement consummates Peruvian parent’s U.S. entry

Sources: Drake Cement, Scottsdale, Ariz.; Cementos Lima, S.A., Peru; CP staff

By Don Marsh

Officials of the Southwest’s newest integrated player have scheduled a June 17 grand opening for a $300 million, 600,000-plus tons/year capacity cement plant in northern Arizona. More than 10 years in the making, Drake Cement is located in Yavapai County, near the historic rail town of Paulden and 35 miles north of Prescott.

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