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Tag: McInnis Cement

CRH Canada terminals position McInnis Cement for Atlantic provinces

Concrete News

Sources: McInnis Cement, Montreal; CP staff

Amid ramp 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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McInnis Cement starts Big Apple terminal construction

Concrete News
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Work is underway at the New York terminal of Montreal-based McInnis Cement, whose eastern Quebec mill is nearing production and positioned to supply markets from the Mid-Atlantic to the Great Lakes. The south Bronx site is part of McInnis’ network of terminals, strategically located throughout the eastern portion of North America and chosen for their access to efficient waterways, as well as their proximity to the market to minimize customers’ tanker truck miles.

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McInnis terminal brings green mind set to Big Apple brownfield

Concrete News

Sources: McInnis Cement, Montreal; CP staff

Work is underway at the New York City terminal of McInnis Cement, whose eastern Quebec mill is nearing production and positioned to supply markets from the Mid-Atlantic to the Great Lakes. Remediated from its days as an illegal city dump, the south Bronx parcel along the East River is part of a network of terminals McInnis is siting for their access to efficient waterways and potential to minimize customers’ tanker truck miles. 

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McInnis Cement names new chief ahead of plant start up

Concrete News
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Montreal-based McInnis Cement has appointed as president and chief executive officer Hervé Mallet, whose industrial sector tenure spans sales, marketing and operations management. Most recently, he oversaw eight production facilities as executive vice president – North America for Charlotte, N.C.-based die cast and metal injection molding specialist Dynacast International.

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McInnis Cement sites first U.S. terminal at Port of Providence

Concrete News
The terminal encompasses an existing ProvPort warehouse, which McInnis Cement aims to transform into a world-class receiving and storing facility. The company will also build a modern rail and truck station to load up to 100 tankers and 10 railcars daily.

Rhode Island and Providence officials joined McInnis Cement executives for an early-August groundbreaking at the deep-water Port of Providence, where the producer is building a 30,000-plus ton capacity terminal linked to its Port-Daniel-Gascons mill under construction in eastern Quebec. The $22 million storage and loading facility is positioned to supply much of the New England construction market, especially in Rhode Island, Connecticut and Massachusetts.

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McInnis Cement sites first U.S. terminal at Port of Providence

Concrete News

Sources: McInnis Cement, Montreal; CP staff

Rhode Island and Providence officials joined McInnis Cement executives for an early-August groundbreaking at the deep-water Port of Providence, where the producer is building a 30,000-plus ton capacity terminal linked to its Port-Daniel-Gascons mill under construction in eastern Quebec.

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MANUFACTURERS – March 2015

Concrete News
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An agreement between Montreal-based McInnis Cement and Centre québécois du Droit de l’Environnement (CQDE) advances the producer’s 2 million ton per year mill and marine terminal development in eastern Quebec. It calls for CQDE to withdraw from legal action through the Quebec Environment Ministry aimed at invalidating the authorization certificate for McInnis Cement’s Port-Daniel-Gascons operation.

 
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McInnis Cement counters Quebec plant opponents’ government subsidy claims

Concrete News

Sources: McInnis Cement, Montreal; Lafarge North America, Chicago; CP staff

Responding to Lafarge North America charges of “enormous subsidies” behind a $1 billion greenfield cement plant and marine terminal in eastern Quebec, McInnis Cement contends: “The project has no subsidies [and] is being financed based on the merits of the business, with all debt and equity investors involved doing so on a commercial basis alone.”

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BANK COMMITMENT SEALS FINANCING PACKAGE FOR MCINNIS CEMENT MILL

Concrete News
McInnis Cement Port-Daniel-Gascons operation

The National Bank of Canada has confirmed availability of a $360 million loan for an export-driven, 2 million-plus ton per year cement plant and marine terminal in Quebec’s eastern reaches. The late-July announcement caps financing for the McInnis Cement Port-Daniel-Gascons operation, led by a $500 million commitment from private and public investors, and $250 million commercial loan from province agency Investissement Québec.

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