Cementos Chihuahua seeks to increase sales in US

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Mexico/US: Grupo Cementos Chihuahua (GCC) has announced plans to increase its sales in the US and reach a double digit rate by 2018. The company has estimated 6% income growth in the Mexican market and 8% growth in the US by the end of 2015. GCC has predicted that the cement sector in Mexico will slow down in the upcoming years. At present, 70% of the company's revenue comes from US, while 30% is obtained in the domestic market. GCC also aims to increase its production capacity in the US from 4.6Mt/yr to 5Mt/yr in the mid-term.

Last modified on 19 August 2015

URL: https://www.globalcement.com/news/item/4023-cementos-chihuahua-seeks-to-increase-sales-in-us

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