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May 28, 2002 |
Quebec Port Authority Meets with Maine-based
Dragon Cement and Concrete About Possible Marine
Terminal
Dragon
Looking to Expand Its Cement Markets in Canada
QUEBEC CITY - Dragon Cement and
Concrete, a Maine-based company that operates New
England's only cement manufacturing plant,
recently met with officials from Quebec's Port
Authority to discuss creating a marine terminal on
the St. Lawrence River for the Maine company to
ship its product to Canada.
The meeting, held Tuesday, May 21 in Quebec City,
included members of the company's board, company
officers and officials from the Port Authority.
"It was really an initial planning meeting to
introduce ourselves and express our interest in
expanding into Canada," said Joseph M. Koch, III,
president of Dragon Cement and Concrete, which is
owned by a Spanish holding company. "We were
welcomed with open arms and look forward to
possibly building a terminal to bring product into
Canada via barge, as we do in New Hampshire and
the Boston area."
In 1995, Dragon created an inter-modal rail and
barge system to ship product from its plant in
Thomaston, Maine to Boston and New Hampshire
ports. As a result, the company was able to
complement its traditional shipping of product by
truck and rail and expand into new markets, said
Koch, which is what he hopes will happen in
Canada.
Koch said the focus of the meeting was to explore
the process by which the company would search for
and purchase a property for a marine terminal.
They also discussed location, traffic,
regulations, and environmental concerns.
"There are numerous opportunities for our company
and our product in Quebec," said Koch. "We went to
Canada to make that happen."
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