# Titan Cement acquires Keystone Cement Company for $310M

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.

- Type: Acquisition
- Announced: 2020-02-24
- Where: Lehigh Valley, Pennsylvania, United States
- Value: $310.0M
- Status: announced
- Capacity: 990,000 short tons of clinker per year
- Products: cement, clinker, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Keystone Cement Company](https://endata.com/companies/32161.md) (target)
- [Titan Cement](https://endata.com/companies/45476.md) (acquirer)

## Sources

- [ekathimerini.com](https://www.ekathimerini.com/economy/1291972/titan-buys-pennsylvania-based-keystone-cement-company/), 2020-02-24: "The acquisition is expected to accelerate top-line growth, enhance geographic diversification and improve operating margins through the realization of integration synergies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.