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Titan Cement's subsidiary Titan America SA agreed to acquire Keystone Cement Company, a Pennsylvania-based cement manufacturer and aggregates producer, for $310 million. The deal includes an integrated cement plant in Lehigh Valley with a clinker production capacity of 990,000 short tons per year.
“The acquisition is expected to accelerate top-line growth, enhance geographic diversification and improve operating margins through the realization of integration synergies.”ekathimerini.com
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