Sources: Titan America LLC, Norfolk, Va.; CP staff
After years of permitting and pre-construction activities, Titan America has shelved plans for a Castle Hayne, N.C., cement plant with up to 2 million tons’ annual capacity, but will maintain a terminal on the site, located just outside the coastal town of Wilmington.
Sources: The ChronicleHerald, Halifax, N.S.; Stevens Group, Dartmouth, N.S.; CP staff
A strategic partnership with Lafarge Canada will position Quality Concrete Ltd. with upwards of 20 ready mixed plants in Nova Scotia and New Brunswick. A ChronicleHerald report with limited detail on the partnership structure notes that Lafarge will contribute nine ready mixed plants plus four aggregate operations to the business, and maintain its Brookfield, N.S., cement plant.
Sources: Quebec Office of Minister of Economy, Innovation and Export Trade; McInnis Cement, Montreal; CP staff
Leaders in the newly elected Quebec government have confirmed the major financial commitment—$100 million equity stake plus $250 million in senior debt—prior province officials announced earlier this year for the $1.1 billion McInnis Cement plant and marine terminal in Port-Daniel-Gascons.