GCC Sales, EBITDA Up in Second Quarter

Grupo Cementos de Chihuahua, S.A.B. de C.V. announced its results for the second quarter of 2018. The company delivered growing sales and EBITDA as well as a higher EBITDA margin, with solid operating results in both the United States and Mexico. GCC also completed the acquisition of a cement plant in Montana, increasing its U.S. production capacity 11 percent; sold non-core, ready-mixed assets; and refinanced its bank debt, reducing interest expense significantly.

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Mallet Leaves McInnis Cement

The McInnis Cement board of directors announced that Hervé Mallet, president and chief executive officer of McInnis since November 2016, is leaving the company. Chief Financial Officer Jean Moreau will assume the role of president and chief executive officer on an interim basis.

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Cemex Ventures Announces 2018 Construction Startup Winner

Madrid-based Cemex Ventures awarded U.S.-based Geopipe with the Best Pitch prize in its 2018 Construction Startup Competition. The company uses machine learning to create copies of urban reality and generate digital models.

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St. Marys Cement Holds Public Forum

The Michigan Department of Environmental Quality held a public hearing in regard to a permit request from St. Mary’s Cement that would likely increase industrial and construction activities near Fisherman’s Island State Park, reported the Petoskey News-Review.

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