Martin Marietta to Sell Certain West Coast Cement Operations

Martin Marietta Materials, the nation’s number-two aggregates producer, has divested certain West Coast cement operations. The company has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., which is the Peru-based parent company of Arizona’s Drake Cement. With a projected closing by year end, the $317 million cash deal will position Unacem with 1.7 million…

Read More