Border Agents Struggle To Keep Immigrants From Illegally Crossing AZ Border
A fence separates the cities of Nogales, Arizona (L) and Nogales, Sonora Mexico, a frequent crossing point for people entering the United States illegally, June 2, 2010 in Nogales, Arizona.  Scott Olson/ Getty Images

A Mexican Cement Maker Just Offered to Help Donald Trump Build that Wall

Nov 24, 2016

A Mexican cement maker is ready to lend its services to U.S. President-elect Donald Trump to build the wall he wants to erect on the southern border of the United States to curb immigration.

"We can't be choosy," Enrique Escalante, Chief Executive Officer of Grupo Cement os de Chihuahua (GCC) said in an interview. "We're an important producer in that area and we have to respect our clients on both sides of the border."

Republican Trump campaigned vowing to build a "big, beautiful, powerful" wall across the 2,000 mile (3,200 km) frontier in order to stop illegal immigrants from Mexico, which he accused of sending rapists and drug traffickers north.

The campaign of the New York businessman who has never previously held public office was widely reviled in Mexico.

Parts of the border are already divided by high fences, and a huge part of the boundary runs along the Rio Grande river.

Based in Chihuahua, a large northern state bordering Texas and New Mexico, GCC is one of the biggest construction materials companies in Mexico. It generates around 70% of its sales in the United States, where it also has three plants.

Escalante said Trump's plans to invest in energy and infrastructure in the United States augured well for the firm.

"For the business we're in, Trump is a candidate that does favor the industry quite a bit," Escalante said.

GCC, whose shares are trading at their highest levels since 2008, is 23% owned by Mexican multinational cement company Cemex, which at the end of September announced plans to sell its stake.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions