Dragon Products Co., a subsidiary of Giant Cement, said its Thomaston, Maine, cement plant will undergo a gradual process of idling production operations beginning in December. The facility has operated for almost a century.
The strategic decision is prompted by the persistent escalation of operating and logistical costs, exerting a negative impact on the Thomaston plant’s viability.
“Despite our best efforts to adapt and navigate through these challenging circumstances, we have determined that these actions are necessary for the long-term sustainability of our business,” said Vice President of Operations Roberto Polit.
Giant Cement and Dragon remain dedicated to supplying quality cement and slag through their New England distribution terminal network while upholding the same level of service that customers have come to expect.
“Dragon is committed to handling the idling of the production operations at the Thomaston plant with transparency and appreciates the support and understanding of its stakeholders, customers, vendors, and the local community during this transition,” the company concluded.