Loma Negra Companía Industrial Argentina S.A. is an Argentine manufacturer and the country's leading maker of cement, concrete, and lime. The company, established by businessman Alfredo Fortabat, also founded its own sports club, C.S.yD. Loma Negra three years later.[2] After the passing of Alfredo Fortabat, his wife Amalia Lacroze took over the business.
Loma Negra is currently a subsidiary of InterCement Participações, a company of the Brazilian conglomerate Mover Participações, which acquired it for USD 1,000 million.[1]
History
The 1926 discovery of large limestone deposits by Alfredo Fortabat at his San Jacinto Estancia led to his decision to open a cement factory in the nearby pampas hamlet of Loma Negra (south of Olavarría); the choice of location prompted Fortabat to christen his new venture Loma Negra ("Black Hillock"). The cement plant was built in 1927, and by the early 1950s, this facility and one in nearby Barker produced 500,000 tons of cement annually.[3]