Profitability

Profitability

CEMEX Surpasses Supply Milestone In Upgrade Of Central Florida’s Main Highway

CEMEX announced recently that it has passed a supply milestone for the I-4 Ultimate Improvement Project, delivering more than one-third of the ready-mix concrete required for the 21-mile (almost 34 kilometres) upgrade of Interstate 4, the main highway stretching through Orlando and Central Florida.

Construction crews began working on the $2.3 billion transformation of I-4 in 2016, and over the last four years, CEMEX has supplied nearly 250,000 cubic yards (approximately 190,000 cubic metres) of concrete of the total 620,000 cubic yards (approximately 474,000 cubic metres) for the project. CEMEX is expected to supply at least 375,000 cubic yards (approximately 287,000 cubic metres) of concrete over the life of the I-4 Ultimate Improvement Project.

Over the last few weeks, the COVID-19 pandemic led to a decrease in traffic in Central Florida, and crews were able to accelerate construction. With the increased access, crews finished five new flyovers at the I-4/State Road 408 interchange early, leading to them opening three months ahead of schedule. CEMEX supplied 58,000 cubic yards (approximately 44,000 cubic metres) of concrete for the new flyovers.

The entire I-4 Ultimate Improvement Project is expected to upgrade the interstate built in the 1960s to current industry standards while better accommodating the number of vehicles that utilise the highway today. The project is currently scheduled to be completed in 2021.

All CEMEX Press Releases can be viewed here: https://www.cemex.com/media/press-releases.