GCC Pueblo cement plant update

GCC Pueblo cement plant update
Published: 26 August 2009

 The new Grupo Cementos de Chihuahua (GCC) cement plant south of Pueblo has been running at peak production for nearly a month, company officials said recently, although the national economic slump continues to dampen the demand for cement.
 
The $325 million, highly automated plant officially was completed last year, but has only recently been brought into full production - at a capacity of 1Mta of cement if demand required it.
 
"Right now, we’re looking at about 50 per cent of full-production," Enrique Escalante, chief of GCC’s American division, said during a tour of the plant earlier this month. "There isn’t much demand for cement right now for residential construction, although commercial is a little better. We’re hoping the economy will improve in 2010."
 
"From a strategy perspective, back in the 1990s, GCC was targeting to grow in Colorado as we believe it had great potential, good population growth projections when compared to other states, attractive business climate, and a geographic (location) to continue our expansion from El Paso and New Mexico," Escalante explained in a subsequent e-mail.
 
Source: www.chieftain.com