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2001-12-31_REPORT - M2002004
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2001-12-31_REPORT - M2002004
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Last modified
8/24/2016 2:18:34 PM
Creation date
11/3/2010 9:58:55 AM
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Template:
DRMS Permit Index
Permit No
M2002004
IBM Index Class Name
REPORT
Doc Date
12/31/2001
Doc Name
2001 Annual Report
From
GCC
To
DMG
Media Type
D
Archive
No
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Once again, the U.S. Division reached a new sales record, the result of cement sales volume <br />growth in the markets where GCC participates, as well as the successful acquisition and <br />incorporation of Dacotah Cement, now known as GCC Dacotah. <br />1r% 2=% tFiL-_ LHtE3d9ltabm GCC Dacotah distributes its cement in nine states in the U.S. <br /> through its network of distribution terminals located in Sioux Falls and <br /> Watertown, South Dakota, Casper, Wyoming, Scottsbluff, Nebraska, <br />gdam and Denver Colorado. <br /> The company's main markets are Sioux Falls, South Dakota and <br />cf 1?7.4rfiili? <br /> Denver, Colorado. <br />ewolhC)'19?ttit-_ With the acquisition of these assets, GCC increased its cement <br /> production capacity by 40%, reaching an overall cement production <br />l?9ri9rriilio? <br /> capacity of 3.3 million metric tons. <br />db'iried in 20M In 2001, the United States Division obtained unprecedented sales <br /> of US$157.4 million, 66% higher than the US$94.9 million obtained <br /> in 2000. <br /> GCC's annual sales growth in the United States led the division's <br /> sales to reach 41.5% of GCC's total revenue for the year, allowing GCC <br /> to have a better revenue mix in pesos and dollars. <br />The cement sales volumes in the United States market grew <br />86.1% during 2001, reflecting the strength and dynamism of the <br />markets in which the company participates, the efficient operation of <br />its two subsidiaries engaged in cement sales in the U.S. market, GCC <br />Dacotah and GCC Rio Grande, and the company's efforts promoting <br />the use of cement and ready-mix concrete. This effort led to a special <br />recognition and an award granted to the company by the Portland <br />Cement Association.
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