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GRAYMONT NEWS

Western Lime Joins Graymont

Richmond, British Columbia, March 30, 2012 – Graymont, a leading producer of lime and limestone products in North America, has acquired Western Lime Corporation, Graymont President and Chief Executive Officer Bill Dodge announced today.

This acquisition is consistent with Graymont’s strategy for growth and its objective to become the supplier and partner of choice in the lime industry.  “With this acquisition Graymont both strengthens its ability to reliably serve lime customers, and its knowledge and expertise at all levels to complement its customer value proposition,” said Dodge.

“We look forward to welcoming the employees of Western Lime to the Graymont family” said Dodge. “We saw a natural alignment with Western Lime in combining our operations.  Both companies operate on solid common values, a strong safety culture, a shared commitment to their customers and employees, a commitment to improving environmental performance and engaging with the communities where they operate, and delivering value to all of their stakeholders” he added.

The combination brings together Western Lime’s 92 years and Graymont’s 64 years of experience in the lime industry to strengthen our unsurpassed supply reliability for our customers.

Western Lime is a sixth-generation family owned and operated business with three lime plants in Wisconsin and Michigan.

Graymont is the third largest producer of lime in North America with facilities across Canada and the United States, and has a significant investment in Mexico with a minority equity interest in Grupo Calidra, the largest lime producer in Mexico.

Contact:


Mathieu Bouchard
Vice President Corporate Affairs
Environment and Sustainability