Martin Marietta to sell Tehachapi cement plant to CalPortland

Martin Marietta Materials has entered into a definitive agreement to sell its Tehachapi cement plant in California and related distribution terminals to CalPortland Company for US$350 million.

“Martin Marietta Materials Inc. have entered into a definitive agreement to sell their Tehachapi cement plant, in California, and related distribution terminals to CalPortland Company for US$350 million in cash”agg-net.com

• 3 sources
• agg-net.comMartin Marietta to sell California cement plant | Agg-NetSteve AdamAug 9, 2022
• globalcement.comCalPortland to acquire Tehachapi cement plant - Cement Sector News - Global CementGlobal Cement staffAug 10, 2022
• tehachapinews.comCalPortland makes deal to buy Tehachapi cement plant | News | tehachapinews.comCLAUDIA ELLIOTTSep 18, 2022

Summarized from public sources; check the original articles before acting on it.