Taiheiyo cement’s U.S. subsidiary to acquire California business of Vulcan Materials
LOS ANGELES: CalPortland Company, a major U.S. subsidiary of Japan’s Taiheiyo Cement Corporation, announced Monday it has reached an agreement to acquire the California ready-mixed concrete business assets of Vulcan Materials Company. The deal, pending regulatory approval and other standard closing conditions, is expected to be finalized by December 2025, according to a statement from…