The Globalization of CEMEX
CEMEX is the third largest cement company in the world with approximately 65 million tons of capacity. CEMEX traced its origins back to 1906 when the Cementos Hidalgo was opened, with a capacity of about 5 000 tons per year, in Monterrey, Mexico. A merger was formed with Portland Monterrey (founded by Lorenzo Zambrano) in 1931. Over the next five deacdes, the company expanded its capacity to about 15 million tons becoming the leading cement company in Mexico.
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