GCC closes on Cemex operations in west Texas, New Mexico

Sources: Grupo Cementos de Chihuahua, Chihuahua, Mexico; CP staff

GCC has expanded its North Central and Mountain Region market footprint in the U.S., acquiring Cemex’s Odessa cement plant plus Amarillo and El Paso terminals, all Texas; and, a construction materials business serving El Paso and Las Cruces, N.M., through eight ready mixed, six aggregate and five asphalt plants, plus five distribution centers. The properties increase GCC’s total headcount to nearly 3,500, and continue in a “business as usual” mode under their new owner.

“This acquisition is a significant step forward in our Sustainable Growth strategy,” says GCC CEO Enrique Escalante. “With these assets and new employees, we will strengthen our competitive advantage, increase our portfolio of products and improve our operations by sharing best practices.”

“By acquiring these operations, we greatly expand our reach in the mid-section of the United States, which means more customers will benefit from a broader and richer distribution network and a more nimble, responsive approach to customer service,” adds Ron Henley, president of Denver-based GCC of America. “We work hard to be recognized for our quality products and service, and the account management we provide, [and] are committed to maintaining that reputation at every location.”


Related article
Cemex scales back GCC deal to Texas, New Mexico cement, materials assets