Cemex reaffirms long-term commitment to Jamaica’s growth and development

Chief Executive Officer (CEO) of Cemex, Mr. Jaime Muguiro, has reaffirmed Cemex’s commitment to Jamaica’s continued development and economic growth.

Addressing a town hall meeting with employees of its Jamaican subsidiary, Caribbean Cement (Carib Cement), on July 2, Mr. Muguiro said the company would continue making the investments necessary to ensure that Carib Cement remains a key contributor to Jamaica’s transformation.

“Our commitment to Jamaica is strong. We will continue investing in Carib Cement to ensure it remains a cornerstone of the country’s development, supporting economic growth, infrastructure and opportunities. We see tremendous potential in Jamaica, and Cemex is committed to being a long-term partner in its continued transformation,” he said.

Since assuming control of Carib Cement in 2017, Cemex has invested more than US$154.3 million (J$23.1 billion) in its Rockfort operations. These investments have enhanced operational efficiency, introduced global best practices and technology, expanded production capacity, and positioned the company for sustained profitability.

Mr. Muguiro also recognised Carib Cement’s continued progress and its important role in supporting Jamaica’s development, highlighting the team’s discipline, resilience and commitment to operational excellence.

“Carib Cement has consistently demonstrated resilience, operational excellence and a strong commitment to serving Jamaica’s needs. We are proud of the progress achieved by the team and the contribution the company continues to make to the country’s growth,” he said.

“With the talent, dedication and ambition we have here, I am confident that Carib Cement will continue to grow, innovate and deliver value for Jamaica, the CARICOM region and Cemex,” he continued.

Mr. Muguiro also reaffirmed Cemex’s commitment to health and safety, emphasising that the wellbeing of employees remains the company’s highest priority. He encouraged staff to continue