Cemex USA acquired a Blue Star Materials II aggregates operation in Chico, Texas, positioning the company for expansion in the Dallas-Fort Worth area.
The 122-acre site and quarry plant is about 45 miles northwest of Fort Worth in Wise County and has more than 25 years of limestone reserves. The plant will supply aggregates for roads, bridges, commercial buildings, housing and other developments in the north Texas area.
Terms of the deal were not disclosed.
The deal gives Cemex USA a fifth Texas aggregates operation in addition to others in Houston, Spring, Katy and New Braunfels.
“The Dallas-Fort Worth area is expected to grow exponentially over the next 30 years,” said Joel Galassini, Cemex USA regional president – Texas and New Mexico region, in an announcement. “By acquiring a quarry that’s currently operational, we can start contributing to that growth almost immediately and bring Cemex’s strong network along with our expertise to projects in the Metroplex.”
In Texas, Cemex has a central cement plant, close to 10 distribution terminals, five aggregates operations and nearly 30 ready-mixed plants. The U.S. network includes 11 cement plants, more than 50 distribution terminals, 50 aggregate quarries and nearly 270 ready-mixed concrete plants.
“Cemex has a strong aggregates network in Texas which has supplied some of the largest projects in the state,” said Cemex USA President Ignacio Madridejos. “We look forward to bringing our high-quality products to North Texas and working with our customers to build a better future by giving them a reliable source for aggregates for years to come.”