Mexican Military, Police Seize Control of American Company’s Port Facility

Mexican police and military personnel reportedly seized control of a quarry facility owned by Alabama-based Vulcan Materials Company for the apparent benefit of CEMEX, a Mexican building materials company.
According to a letter from Vulcan chairman and CEO J. Thomas Hill, at 5:30 a.m., on March 14, CEMEX employees, along with the Mexican Navy and “state police and special investigative forces answering to the state prosecutor … arrived at the gates of Vulcan/Calica property at Punta Venado in Quintana Roo.”
The Mexicans then reportedly allowed a CEMEX vessel into the port to unload cement.
Spokespeople for Sen. Katie Britt (R-Ala.) said Vulcan, the company, and the Mexican government have been in arbitration over alleged violations of the North American Free Trade Agreement (NAFTA) since late 2018….}