Holcim invests more than US$400m in cement plant

Holcim invests more than US$400m in cement plant
Published: 01 October 2010

Holcim has committed more than US$400m over the past two years to build a new cement plant in Hermosillo, Sonora, Mexico.

In a statement, said the cement plant is in its final stage of development and resources disbursed in it demonstrates its confidence in Mexico.

With the new factory to open in the coming winter, the company will increase to seven points of cement production in the country, leading to levels of installed capacity to more than 12Mta.

"Holcim has a long-term in Mexico, we believe in its potential, we maintain our investment plans," said Gustavo Gastelum, Director of External Relations and Communication Company.

With the opening of the Hermosillo plant approximately 600 permanent jobs will be created, both direct and indirect, making human capital reaching 4000 people nationwide.

"With this new factory will strengthen our presence in the market, placing us at the technological forefront in the production of cement in the country," he said.

Holcim operates six cement plants in Mexico, located in Acapulco, Guerrero; Apaxco, State of Mexico; Macuspana, Tabasco, Orizaba, Veracruz, Ramos Arizpe, Coahuila and Tecoman, Colima.