Sources: Plug and Play, Sunnyvale, Calif.; CP staff The parent company of Prairie Material, Canada Building Materials and St. Marys Cement is partnering with the Plug and Play Sustainability Platform to tap technology incubating in Silicon Valley and around the world. The collaboration enables Toronto-based Votorantim Cimentos North America to identify startups driving developments in such areas as digitization; new…
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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…
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