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Cemex USA expands Texas footprint with San Antonio acquisition

Cemex USA expands Texas footprint with San Antonio acquisition
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1of3Concrete fills the foundation at Texas Tower on Sunday, March 10, 2019, in downtown Houston. Concrete trucks were unloaded every 45 seconds for 20 hours for the mat foundation for the building, which will rise more than 700 feet tall.Katherine Feser / Houston ChronicleShow MoreShow Less
2of3Cemex s Balcones Quarry in New Braunfels has been operating for close to five decades.Cemex USAShow MoreShow Less
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Cemex USA has acquired the assets of Beck Readymix Concrete Co. in a deal that expands the company s Texas network into San Antonio.
The purchase includes three ready-mix concrete plants and one portable plant to service the San Antonio and surrounding areas. Terms were not disclosed. ....

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CEMEX expands into South Texas markets

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CEMEX has announced that its US operations are expanding its strong Texas network with the acquisition of a ready-mix business in San Antonio, TX, as part of its growth initiative.
CEMEX acquired the ready-mix assets of Beck Readymix Concrete Co. LTD., including three strategically located ready-mix concrete plants and one portable plant to service the San Antonio metropolitan area and surrounding areas.
“Texas is experiencing explosive growth, and CEMEX has repeatedly shown it is ready to make moves to help fuel it,” said CEMEX USA Texas Regional President Scott Ducoff. “By acquiring these facilities, CEMEX will be able to deliver our high-quality products that many Texans are already familiar with to satisfy the high demand of customers of one of the state’s most dynamic markets. We welcome our new employees and look forward to a smooth transition for them.” ....

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Cemex acquires concrete business in San Antonio with eye on U.S. growth

By Reuters Staff
1 Min Read
FILE PHOTO: Workers are seen at a concrete plant of Mexican cement maker CEMEX in Monterrey, Mexico January 25, 2020. Picture taken January 25, 2020. REUTERS/Daniel Becerril
MEXICO CITY (Reuters) - Mexican cement producer Cemex said on Tuesday it had acquired a concrete business in San Antonio, Texas, as it looks to expand in the United States.
The acquisition of Beck Readymix Concrete Co. LTD includes three ready-mix concrete plants and one portable plant, the company said in a news release.
Cemex did not give the value of the acquisition.
“Cemex is proactively looking for opportunities to grow our operations in the U.S. and adapting to meet the needs of our customers,” said Jaime Muguiro, president of Cemex USA. ....

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