CEMEX Completes Sale of Non-Core Aggregates
and Concrete Block Assets in Kentucky
August 27, 2010 09:03 AM Eastern Daylight Time
MONTERREY, Mexico--(EON: Enhanced Online News)--CEMEX, S.A.B. de C.V. (NYSE: CX) announced
today that it has completed the previously-announced sale of seven aggregates quarries, three resale aggregate
distribution centers, and one concrete block manufacturing facility in Kentucky to Bluegrass Materials Company,
These assets were acquired by CEMEX in 2007 as part of the Rinker Group acquisition. The facilities and
properties were deemed non-core assets for CEMEX’s integrated cement, concrete, aggregates and building
materials operations throughout the United States.
Proceeds from the sale will be used by CEMEX to reduce its outstanding debt and/or to enhance its liquidity
CEMEX is a global building materials company that provides high-quality products and reliable service to customers
and communities in more than 50 countries throughout the world. CEMEX has a rich history of improving the well-
being of those it serves through its efforts to pursue innovative industry solutions and efficiency advancements and to
promote a sustainable future. For more information, visit www.cemex.com.
Bluegrass Materials Company, LLC is a wholly owned subsidiary of Panadero Aggregates Holdings, LLC
("Panadero"). Panadero was formed in 2010 by John D. Baker II and Ted L. Baker II, formerly of Florida Rock
Industries, to invest in aggregates and other construction materials businesses.
This press release contains forward-looking statements and information that are necessarily subject to risks,
uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements
of CEMEX to be materially different from those expressed or implied in this release, including, among
others, changes in general economic, political, governmental and business conditions globally and in the
countries in which CEMEX does business, changes in inte