Canada Cement Company
| Company type | Private |
|---|---|
| Industry | Cement production |
| Predecessor | Ten cement enterprises including International Portland Cement, Vulcan Portland Cement, Lehigh Portland Cement, Canadian Portland Cement, Lakefield Portland Cement, Owen Sound Portland Cement, Alberta Portland Cement, Belleville Portland Cement |
| Founded | 1909 |
| Founder | Lord Beaverbrook |
| Defunct | 1988 |
| Fate | Renamed to Canada Cement Lafarge Ltd. in 1970; transitioned to Lafarge Canada Inc. in 1988 |
| Successor | Lafarge Canada Inc. |
| Headquarters | Montreal , Canada |
Area served | Canada |
Key people | Lord Beaverbrook (founder) |
| Products | Portland cement |
| Owner | Lafarge (from 1970) |
| Parent | Lafarge (from 1970) |
The Canada Cement Company, Limited, which adopted the name Canada Cement Lafarge Ltd. in 1970, operated as a Canadian producer of Portland cement from 1909 until 1988. Established by Lord Beaverbrook through the consolidation of ten cement enterprises, it represented one of his three significant corporate mergers along with Stelco and Canadian Car and Foundry. In 1970, the company was purchased by Lafarge and renamed Canada Cement Lafarge Ltd., continuing operations until 1988 when it transitioned to Lafarge Canada Inc.
History
In 1909, Lord Beaverbrook unified ten Portland cement manufacturers under the Canada Cement Company banner. These included International Portland Cement (Hull, Quebec), Vulcan Portland Cement (Montreal), Lehigh Portland Cement (Belleville, Ontario), Canadian Portland Cement (Marlbank and Port Colborne, Ontario), Lakefield Portland Cement (Montreal and Lakefield, Ontario), Owen Sound Portland Cement (Shallow Lake, Ontario), Alberta Portland Cement (Calgary), and Belleville Portland Cement.
By 1911, Canada Cement expanded its holdings by purchasing the Exshaw facility amid the dissolution of Western Canada Cement and Coal Company; this plant had been originally constructed in 1906 by Sir Sanford Fleming.
In 1970, Canada Cement completed the acquisition of Lafarge Canada Limited based in Vancouver. Before this merger, Lafarge owned a 21% interest in Canada Cement, while its French parent controlled 60% of Lafarge Canada. The consolidation raised authorized shares from three million to four million, with an exchange rate of five Lafarge Canada shares for every two Canada Cement shares. Following the merger, Lafarge possessed a 30% ownership stake in Canada Cement. On May 1, 1970, the firm officially changed its name to Canada Cement Lafarge Ltd.