Calucem Plans an USD 35 Million Investment in a New CAC Cement Plant in USA – the 1st Investment by Cementos Molins in USA
Specialty cement manufacturer Calucem will enhance the presence in the US market by developing a manufacturing facility in New Orleans with an investment amounting to USD 35 million. Calucem, a subsidiary of Cementos Molins, is the world’s second-largest producer of Calcium Aluminate Cement (CAC), a high-performance product applied in a variety of commercial and industrial uses. The project will create 70 direct jobs and the Louisiana Economic Development estimates the project also will result in 158 indirect jobs, for a total of 228 new jobs for Louisiana’s Southeast Region.