# Cementos Artigas to invest $40 million in Uruguay plant transformation

Cementos Artigas, owned by Cementos Molins and Votorantim Cimentos, will invest USD 40 million to unify its industrial activity in Uruguay by relocating grinding and dispatching operations from Montevideo to the Minas factory, installing a new vertical cement mill and silos.

- Type: Investment
- Announced: 2024-04-17
- Where: Minas, Uruguay, Uruguay
- Value: $40.0M
- Starts operating: 2022
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cementos Artigas](https://endata.com/companies/76875.md)
- [Votorantim Cimentos](https://endata.com/companies/15414.md) (investor)
- [Cementos Molins](https://endata.com/companies/24134.md) (investor)

## Sources

- [molins.es](https://www.molins.es/en/blog/cementos-molins-to-invest-40-million-in-the-transformation-of-its-operations-in-uruguay/), 2024-04-17: "Cementos Artigas will invest USD 40 million in this operation, the execution of which will begin in the coming months and is expected to be operational in 2022."

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