Martin Marietta announced divestment of South Texas Cement

Hunter Cement

Martin Marietta Materials, Inc. will sell its South Texas cement business and certain of its related concrete operations to CRH Americas Materials, Inc., a subsidiary of CRH plc, for $2.1 billion in cash. The US facilities to be divested include the Hunter cement plant (photo) in New Braunfels, related cement distribution terminals and 20 concrete plants serving the Austin and San Antonio region.