Displaying items by tag: relocation
US: Hilltop Basic Resources says it will discontinue operations at its Downtown Cincinnati ready-mix concrete batching plant by the end of January 2025. The Enquirer newspaper has reported that the producer will subsequently open a new plant 6km away in Cincinnati Riverside, completing its relocation there later in 2025. The former Downtown site will become a car park in service of local sports and music venues.
Saudi Arabia: Doha Concrete Molds Factory (DCMF) has entered into a strategic partnership with Saudi Vitrified Clay Pipes (SVCP). Under the terms of the partnership, DCMF will acquire outstanding shares in precast concrete products company Saudi Land Factory Company for Cement Products (SLFCCP). Arab News has reported that that the partnership builds on a pre-existing memorandum of understanding (MoU) for DCMF to relocate Qatari production lines to SLFCCP’s plant, in exchange for a 55% stake in the latter.
