Martin Marietta Materials has entered a definitive agreement to sell its Tehachapi, Calif., cement plant to Unacem Corp., Peru-based parent company of Arizona’s Drake Cement. The transaction follows an abandoned deal between Martin Marietta and CalPortland earlier this year.
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After a public process and environmental review coordinated by the U.S. Department of Agriculture Forest Service, Drake Cement started mining operations this month to extract natural pozzolan at the Frenchy Pit, located about nine miles northeast of Williams, Ariz.
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Drake Cement selected MDG America to supply its new vertical mill grinding plant in Paulden, Ariz., with four high-quality chain bucket elevators that will carry between 26 to 362 tph of material.
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