Titan America, the U.S.-listed subsidiary of Titan Group, has signed an agreement to acquire Keystone Cement Company, a Pennsylvania-based producer of cement and aggregates, in a transaction valued at $310 million, subject to customary post-closing adjustments.
The acquisition includes a modern, fully integrated cement plant located in Pennsylvania’s Lehigh Valley, home to one of the region’s most efficient cement kilns. The facility has an annual clinker production capacity of 990,000 short tons.
Titan America expects the acquisition to accelerate sales growth, enhance geographic diversification, and improve operating margins through synergies and operational efficiencies.
Additional commercial and logistical benefits are anticipated via Titan America’s existing cement operations, including Essex Cement in New Jersey and Roanoke Cement in Virginia, as well as through the Group’s fly ash processing and distribution activities.
These include Separation Technologies, a Titan subsidiary operating in Pennsylvania and Ohio, which strengthens the Group’s position in supplementary cementitious materials, a critical input for lower-carbon concrete solutions.
