US company accuses Mexico of expropriating its property on the Caribbean coast

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Vulcan Materials News

Andrés Manuel López Obrador,Mexico,Mexican Government

MEXICO CITY (AP) — An American quarry company said Tuesday the Mexican government carried out a de-facto expropriation of its properties on Mexico’s...

MEXICO CITY — An American quarry company said Tuesday the Mexican government carried out a de-facto expropriation of its properties on Mexico’s Caribbean coast.

While the decree states the purpose of the park is to protect local animal and plant species, in fact the seaport and stone quarries are very disturbed areas, do not much resemble a nature reserve and would add little to that effort. But Vulcan Materials rejected the charge at that time. “Our operations have not adversely affected underground caves, cenotes or archaeological sites. In fact, we have mapped, protected and preserved these valuable resources,” the company said in a statement.

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