Mexican police and military personnel reportedly seized control of a quarry facility owned by Alabama-based Vulcan Materials Company for the apparent benefit of CEMEX, a Mexican building materials company. According to a letter from Vulcan chairman and CEO J. Thomas Hill, at 5:30 a.m., on March 14, CEMEX employees, along with the Mexican Navy and…
Mexican Military, Police Seize Control of American Company’s Quarry Facility
Mexican Military, Police Seize Control of American Company’s Port Facility
Mexican police and military personnel reportedly seized control of a quarry facility owned by Alabama-based Vulcan Materials Company for the apparent benefit of CEMEX, a Mexican building materials company. According to a letter from Vulcan chairman and CEO J. Thomas Hill, at 5:30 a.m., on March 14, CEMEX employees, along with the Mexican Navy and…
Cemex Says US Justice Department Closed Anti-Trust Investigation
MONTERREY, Mexico—Mexico’s Cemex, one of the world’s largest cement companies, said Friday that the U.S. Department of Justice (DOJ) has closed an investigation against the company for a possible violation of anti-trust laws. Cemex also reported that it was fined about 68 million euros ($77 million) by Spanish authorities following tax audits of its operations…
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