Ensuring long-term growth
Grupo Cementos Chihuahua (GCC) is completing a key acquisition programme in the USA as it buys Cemex assets such as the Odessa cement works in Texas. ICR speaks with Ron Henley, president of GCC America.
ICR: GCC is in the process of making some major acquisitions in the USA to expand its cement portfolio. Can you describe what this means in terms of how cement capacity will increase and what the profile of the group’s plants is now like regarding age and reach across America?
Ron Henley (RH): With the acquisition of the cement plant in Odessa (TX), GCC has four plants in the US and three in Mexico, with a total production capacity of 5Mta. The company’s platform stretches from northern Mexico to the US border with Canada in what we call the centre cut of the country. Our facilities range in age from the original plant in Chihuahua, Mexico, where the company was founded in 1941, to the Pueblo (CO) plant commissioned in 2008.
GCC is celebrating its 75th year in the cement industry in 2016 and has a successful track record of organic and inorganic growth during that time. We will continue to look for opportunities to expand our operational footprint in the mid-section of the US, with an emphasis on sustainable growth.