Martin Marietta Materials Inc. has entered a definitive agreement to sell its Tehachapi, Calif. cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. With a projected closing by year end, the $317 million cash deal will position Unacem with 1.7 million tons of U.S. clinker capacity, about 15 percent of the volume in a cement plant fleet…
Read MoreSaturday, April 27, 2024
Recent posts
