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INDUSTRIAL NEWS: $20M project OK'd for Maryneal plant in Nolan County

By
Commercial Real Estate Agent with Paul Johnson and Associates

$20M project OK'd for Maryneal plant in Nolan County
(Industrial : Abilene) 4/13/2009

(Maryneal, Nolan County) - Buzzi Unicem USA, known locally as Lonestar Industries, recently announced that its planned $300 million Maryneal cement plant modernization would be put on hold as a result of the recession. However, the company plans to spend $20 million to replace the plant's existing finish mills with a new state-of-the-art finish mill, according to a Sweetwater Enterprise for Economic Development news release. Buzzi Unicem plans to begin as early as 2010 with the $20 million project to replace the plant's existing finish mills.

Nolan County and Highland ISD still stand to benefit from added property values with the $20 million expansion.

According to Robert Sagmeister, the engineering process for the finish mill installation is nearing completion, and as part of that process, plans are being drawn to incorporate the new finish mill into the ultimate goal of a $300 million plant modernization and production expansion project.

Buzzi Unicem USA employs more than 100 people full time at the Maryneal plant and produces more than 500,000 tons of cement a year.

Posted by

Erik Johnson, CCIM
Paul Johnson & Associates
4633 South 14th
Abilene, TX 79605
325 698-5661 office
325 692-8508 fax
325 439-0186 mobile
Erik@PaulJohnsonRealtors.com  
www.pauljohnsonrealtors.com