Cemex Leaves Panama, Bets Bigger on U.S. Aggregates

In a single set of moves, Mexican cement maker Cemex sold its Panama operations to Dominican-owned Grupo Estrella for about $200 million and raised its stake to a majority in Couch Aggregates, a supplier of sand, gravel, and crushed stone in the U.S. Southeast. The Panama package includes the Bayano cement plant in Calzada Larga, […]