The Redwood City Port Commission approved a new 10-year-lease for cement, concrete and aggregate maker Cemex‘s 8.2-acre marine terminal in California, with an option to extend the lease for another 10 years, The Daily Journal reports.
Cemex has used the terminal to import nearly 4 million metric tons of sand and aggregates from Canada over the past three years for construction projects in Silicon Valley and Redwood City. It also has the capability to use the docks to import cement through ship unloaders.
According to the news agency, port officials say one of the terms of the new lease is that Cemex must relocate a new and/or upgraded hopper and enclosed conveyor system to Wharves 1 and 2 in the port by June 30, 2018.