ST. LAWRENCE CEMENT GROUP INC.
TSX : ST.SV.A
TSX : ST.A

ST. LAWRENCE CEMENT GROUP INC.

November 01, 2006 08:00 ET

St. Lawrence Cement Group Acquires Asphalt Assets

MONTREAL, QUEBEC--(CCNMatthews - Nov. 1, 2006) - St. Lawrence Cement Group (TSX:ST.A) announced today that the Company has acquired two asphalt plants located in the Greater Montreal area and related construction equipment. These assets as well as approximately 100 salaried and hourly employees will be integrated into Demix Construction, a business unit of St. Lawrence Cement Group.

Demix Construction is a leader in concrete road paving in Quebec. It specializes in the development of large engineering/construction projects for public and parapublic services, as well as for the commercial and industrial sectors. Demix Construction is associated with large projects, such as the rebuilding and paving of highways and airport aprons in the Montreal area. Its main customers are the governments of Canada and Quebec, municipalities, airport authorities and heavy industry.

This acquisition will allow Demix Construction to diversify its product and service mix while generating synergies with its aggregate activities.

St. Lawrence Cement Group is a leading producer and supplier of products and services for the construction industry, namely cement, concrete, aggregates and construction. The company operates in Canada and on the eastern seaboard of the United States, and employs a total of 3,200 people.

Contact Information

  • St. Lawrence Cement Group
    Nicole Jarry
    Director, Corporate Communications
    514-340-1555, ext. 206
    514-342 8154 (FAX)
    stlawrencecement.com