Lafarge has announced that it has completed the purchase of a cement terminal in Memphis, Tenn., from Angelle Concrete Products Group LLC, known locally as Memphis Cement.
The acquired President’s Island Cement Terminal and its employees will be consolidated into Lafarge Cement’s River Business Unit operations. The addition of the President’s Island Terminal to Lafarge’s current Memphis terminal will help ensure reliable logistics services for meeting increased demand for both pure portland and portland blends, such as MaxCem, a high-performance blend of portland and slag cement.
The acquisition of the terminal in Memphis complements Lafarge’s previously announced launch of a project to modernize its Joppa, Ill., cement plant. The plant will start up at the end of 2010.
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