Essroc Italcementi Group, based in Nazareth, Pa., has reached an agreement with Holcim to purchase its slag cement grinding facility in Camden, N.J. According to a press release:

The Camden facility can produce upwards of 700,000 metric tons of slag cement annually. Essroc currently produces slag cement at its Picton, Ont., and San Juan, Puerto Rico, cement plants and at its slag grinding facility in Middlebranch, Ohio. With the addition of Camden, Essroc has a combined annual production capacity in excess of one million metric tons. Holcim's staff in Camden and Everett will join Essroc once the transaction completes.

The transaction is expected to be finalized with the completion of the pending Holcim and Lafarge merger completes later this year. Read More