Argos wins $65 million Panama cement contract

Cementos Argos, Colombia's largest cement maker, signed a contract to sell $65 million worth of cement and other supplies to the group expanding the Panama Canal.

 

The company will start to supply the group building a new set of locks on the Panama Canal in December and will keep on supplying until the first quarter of 2014.

 

Over the past five years, Cementos Argos has invested $100 million in Panama to upgrade its operations there.

 

Original source: Dow Jones