Titan America is set to acquire Keystone Cement Company, a Pennsylvania-based cement manufacturer and aggregates producer, from the Fortaleza, Uniland, and Tritadura groups for $310 million. The deal will add Keystone’s modern cement kiln in Lehigh Valley, which has a clinker production capacity of 990,000 short tons per year, to Titan America’s operations. Keystone’s substantial limestone reserves are expected to support more than 50 years of cement production. The acquisition will expand Titan America’s presence in the Mid-Atlantic region and is expected to generate operational and commercial synergies with the company's existing Essex and Roanoke Cement operations, as well as its fly ash processing plants in Pennsylvania and Ohio. The transaction is expected to be funded through a combination of cash on hand and financing. Closing remains subject to customary conditions.

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