Titan America acquires Pa. cement manufacturer, adding 125 employees

Norfolk-based building materials and construction products company Titan America has purchased Pennsylvania-based cement manufacturer and aggregates producer Keystone Cement, the former announced last week.

The financial terms of the deal were not disclosed, and Titan America did not immediately return a request for comment.

The acquisition adds approximately 125 Keystone employees to the combined company.

Keystone was founded in 1926 as Keystone Portland Cement on 500 acres in Bath, Pennsylvania. The company gradually expanded over the following decades and rebranded as Keystone Cement in 1986.

Titan America said Keystone’s operations include nearly 1 million short tons of annual clinker production capacity, as well as mineral reserves expected to support more than 50 years of cement production.

“Keystone adds to our domestic cement production capacity at an attractive valuation relative to scarce high-cost greenfield and brownfield investment alternatives,” Titan America President and CEO Bill Zarkalis said in a statement. “The investment aligns perfectly with our long-term growth strategy and expands Titan America’s presence in attractive geographies that benefit from high demand for performance construction materials and solutions.”

Titan America traces its roots to 1902 through its parent company, Titan Group, which was founded in Greece. Headquartered in Norfolk, the company operates more than 100 facilities across the eastern U.S., including Florida, the mid-Atlantic and the New York-New Jersey region.

Its operations include cement plants, aggregates and sand mines, ready-mix concrete plants, concrete block plants, fly ash production facilities, marine import and rail terminals and distribution hubs.

Titan America reported $1.67 billion in revenue in 2025, up 1.8% from the $1.63 billion reported the previous year.