The parent companies of St. Marys Cement Inc., Toronto, and McInnis Cement Inc., Montreal plan to combine their production and distribution assets serving Canada and United States markets from the Atlantic seaboard to the Great Lakes. With respective stakes split 83 percent and 17 percent, their joint venture will be owned by Votorantim Cimentos International, the global investments platform of…
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Consequential deals cap a year that couldn’t end fast enough
As we closed our 2020 work schedule producing this issue, a slew of post-Thanksgiving developments quickly sealed December as the most consequential month of a year we are pleased to see in the rearview mirror. While absent CRH, HeidelbergCement, LafargeHolcim, Martin Marietta, Summit Materials, Vulcan Materials and other deal catalysts or newsmakers of the past decade, the developments warrant cement,…
Read MoreSt. Marys, McInnis Cement pursue joint venture
Sources: Caisse de dépôt et placement du Québec, Montreal; CP staff The parent companies of St. Marys Cement Inc., Toronto, and McInnis Cement Inc., Montreal plan to combine their production and distribution assets serving Canada and United States markets from the Atlantic seaboard to the Great Lakes. With respective stakes split 83 percent and 17 percent, their joint venture will…
Read MoreMANUFACTURERS – FEBRUARY 2020
Montreal-based McInnis Cement has appointed Baudouin Nizet as president and chief executive officer, succeeding Jean Moreau, who has held the posts in an interim capacity since 2018. Nizet’s tenure in cement includes tours of duty in Montreal as Holcim (Canada) senior vice president, Quebec and Atlantic Region, 2006-2013; and Toronto as president and chief executive officer, 2013-2017, spanning the migration to CRH Canada Group. He has also served as Cement Association of Canada and Canada Green Building Council director.
Read MoreHolcim (Canada) veteran takes helm of McInnis Cement
Sources: McInnis Cement, Montreal
McInnis Cement directors have appointed Baudouin Nizet as president and chief executive officer, succeeding Jean Moreau, who has held the posts in an interim capacity since 2018. Nizet’s industry tenure includes tours of duty in Montreal as Holcim (Canada) senior vice president, Quebec and Atlantic Region, 2006-2013; and Toronto as president and chief executive officer, 2013-2017, spanning the transition to CRH Canada Group. He has also served as Cement Association of Canada and Canada Green Building Council director.
Read MoreMANUFACTURERS – AUGUST 2019
Resource Management Associates, a longtime environmental permitting, regulatory compliance and plant design consultant to ready mixed and manufactured-concrete producers, has opened a satellite office for clients throughout the Southeast: 127 Church Street, Suite 230, Marietta, GA 30060. RMA’s New Jersey headquarters mailing address has changed from Forked River to P.O. Box 188 Toms River, NJ 08754; 888-RMA-0230.
Read MoreMcInnis doubles Northeast terminals’ throughput, scouts new sites
Sources: McInnis Cement, Montreal; CP staff
A $500 million private capital refinancing positions McInnis Cement to continue ramping up terminal and rail distribution infrastructure throughout the Northeast. Outlays for 2019-20 adhere a market development plan attending the producer’s 2017 dedication of a 2 million-plus ton/year greenfield plant on the eastern reaches of Quebec.
Read MoreNew York terminal shows McInnis capacity for conservation, disruption
New York City Council and community organization representatives recently joined McInnis Cement officials for a formal opening of the producer’s 44,000-metric ton (mt) capacity terminal in the Bronx—the first new industrial maritime project built on the borough’s south waterfront since the 1960s.
Read MoreMcInnis terminal births new era for prime Big Apple waterfront
Sources: McInnis Cement, Montreal; CP staff
New York City Council and community organization representatives recently joined McInnis Cement officials for a formal opening of the producer’s 44,000-metric ton (mt) capacity terminal in the Bronx—the first new industrial maritime project built on the borough’s south waterfront since the 1960s.
Read MoreMANUFACTURERS – OCTOBER 2017
Amid start up of its 2 million ton/year Port-Daniel–Gascons mill in eastern Quebec, McInnis Cement has outlined an Atlantic provinces distribution plan anchored on the acquisition of two CRH Canada terminals serving New Brunswick, Nova Scotia and Prince Edward Island. McInnis will honor the facilities’ order log, integrate current staff, and—under a separate agreement—begin cement deliveries to CRH Canada terminals in Long Pond, Argentia and Corner Brook, Newfoundland this fall.
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