Cement News tagged under: Fairborn plant
USA: Cemex Fairborn plant and terminal is sold to Eagle Materials13 February 2017, Published under Cement NewsCemex has announced that one of its subsidiaries in the US has closed the divestment of its Fairborn (OH) cement plant and cement terminal in Columbus (OH) to a subsidiary of Eagle Materials Inc for around US$400m. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. Bank of America Merrill Lynch acted as financial advisor to Cemex in this transaction. |
USA: Eagles Materials to buy Cemex Fairborn plant13 September 2016, Published under Cement NewsCemex US has signed a definitive agreement for the sale of its Fairborn (OH) cement plant and cement terminal in Columbus (OH), including a bagging operation to Eagle Materials Inc for approximately US$400m. The 2016 EBITDA for the divested assets is estimated to be US$33m. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The Bank of America Merrill Lynch is acting as financial advisor to Cemex in this transaction. ... |
USA: congressman tours cement plant26 June 2013, Published under Cement NewsCongressman Mike Turner recently took a tour of Cemex’s Fairborn plant. The factory, which has been in operation for more than 80 years, is one of two operating cement plants in the state of Ohio. The facility has the capacity to produce 750,000tpa of cement, but in recent years has produced less than this due to the prevailing economic conditions. According to plant manager Alberto Calleros, the facility is currently operating at 85-90 per cent of its capacity after falling to 60 per ce... |
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