Following a strategic review, Graymont announced the decision to dissolve its Materials Group in Quebec, Canada. This decision involves the divestiture of certain assets in the Portneuf region, a restructuring of Graymont operations at the Joliette plant and a reduction of the number of employees at those sites.
Graymont will proceed with the sale of the Béton St-Marc ready-mix plant, Redi-Rock division and St-Raymond sand pit and Neuville Quarry.
As a result of the dissolution of its Materials Group in Quebec, Graymont will be reducing the number of employees by approximately 15 at the Saint-Marc-des-Carrières operation and 35 at the Joliette plant.
Graymont engineering and customer service employees located in Joliette will not be impacted by these measures.
Graymont has a significant presence in Quebec and serves major markets throughout the United States and Canada, and has extended its reach into the Asia-Pacific region. Graymont has also a significant investment in Grupo Calidra, the largest lime producer in Mexico.