Tuesday, September 12, 2017

Cemex Stays at Redwood City

By Karen Robes Meeks

Cemex Aggregates will continue to be a tenant with the Port of Redwood City for another decade.

Over the summer, the port and Cemex reached a new 10-year lease (with an extension option) for the 8.2-acre marine terminal on Hinman Road.

Port of Redwood City Executive Director Michael J. Giari called Cemex “a responsible tenant and a productive partner with the port in the growth of maritime shipping.”

Cemex has imported close to 4 million metric tons of building materials from Canada in the last three years, including sand and aggregates used in Silicon Valley and Redwood City construction projects.

“The high quality of the sand and gravel aggregates from British Columbia combined with the dwindling supply of these materials in Northern California because quarries are unable to expand have triggered and sustained a strong demand that the port benefited from,” Giari said.