Grupo Cementos de Chihuahua SAB de CV : GCC announces modernization of its cement production facilities
September 09, 2015 at 05:20 pm EDT
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GCC ANNOUNCES THAT AMONG ITS CAPITAL EXPENDITURES FOR THE COMING THREE YEARS, CONTEMPLATES MODERNIZING ITS CEMENT PRODUCTION FACILITIES IN THE UNITED STATES.
Chihuahua, Chihuahua, September 9, 2015- Grupo Cementos de Chihuahua, S.A.B. de C.V. (BMV: GCC* or "the Company") hereby announces that among its capital expenditures, between 2015 and 2018 the Company will be investing up to 90 million dollars, funded with internal resources, for the modernization of its cement plant located in South Dakota.
This project considers increasing annual production capacity by 440,000 metric tons.
About GCC
GCC is a leading supplier of cement, aggregates, concrete and construction‐related services in Mexico and the United States. The Company has an annual cement production capacity of 4.6 million tons.
Founded in 1941, the Company's shares trade on the Mexican Stock Exchange under the ticker symbol
GCC*.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.
GCC, S.A.B. DE C.V. 
