Heidelberg Materials North America entered into a definitive purchase agreement to acquire Giant Cement Holding Inc. (GCHI) and its subsidiaries – Giant Cement Company, Dragon Products Company and Giant Resource Recovery – for $600 million subject to ordinary post-closing adjustments.
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Intermont Group Operates A Distribution Terminal Under Long-Term Contract With Giant Cement. By Don Marsh Virginia-based Intermont Group Ltd. provides the third-party terminal operator model for home state and Carolinas cement producers. The company’s newest distribution point is Spartanburg County, which along with neighboring Greenville and Anderson counties, plus their three namesake cities, anchor the South Carolina Upstate market. The…
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Dragon Products, a subsidiary of Giant Cement, plans to lay off six more workers at its Thomaston, Maine, cement plant as the company continues to wind down operations and transition the facility into a distribution center, reported local media.
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Giant Cement Holding Inc. (GCHI) promoted Michael Greto to vice president of supply chain. He has been a force in the expansion and enhancement of logistical capabilities at GCHI since joining the company’s cement division in August 2008.
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The Portland Cement Association (PCA) recently highlighted how member company Giant Cement is taking a two-fold approach to displacing traditional fossil fuels as the main source of energy for production.
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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.
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Giant Cement Co. signed an agreement with Georgia Kaolin Terminals Inc. in Savannah, Ga., to construct a 60,000-ton import terminal on the Savannah River with ample truck and rail loadout. The terminal is expected to be operational by January 2024.
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