Loading…
Taiheiyo Cement Corporation, through its U.S. subsidiary CalPortland Company (CPC), will acquire ready-mixed concrete business assets in California from Vulcan Materials Company. JBIC has signed loan agreements totaling up to approximately JPY39.5 billion to fund the acquisition.
“The loans are intended to provide funding for Taiheiyo Cement to acquire ready-mixed concrete business assets in California from Vulcan Materials Company through its U.S.-based consolidated subsidiary CalPortland Company (CPC).”jbic.go.jp
Summarized from public sources; check the original articles before acting on it.