Sources: Saint-Gobain, Paris; CP staff
Saint-Gobain anticipates a first quarter 2014 closing on the sale of its Roaring River, N.C., Terre Haute, Ind., and White City, Ore., fiber cement siding facilities to Alpharetta, Ga.-based Plycem USA Inc., which distributes fiber cement trim sourced from a Costa Rica plant.
Read MoreSources: Lafarge S.A., Paris; CP staff
Lafarge will boost its cement production stake south of the border in partnership with Elementia, a consortium whose holdings include concrete pipe and fiber cement siding businesses in Mexico, plus a cement mill under construction in the country’s central region. A joint venture will span a) Lafarge plants in Vito and Tula, with combined output near 1 million metric tons; and, b) the new mill, with which Elementia was chartering Cementos Fortaleza, whose capacity slightly exceeds the sister facilities’ total.
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