Gateway Capital CEO, Mitchell Hammer, announced that “Mr. Avon will have full responsibility to further develop and expand our global businesses worldwide through our partnership model.” Immediate corporate plans include expansion of operations into Brazil, Argentina, Hong Kong, Korea, Dubai, Panama, and People’s Republic of China. A series of joint venture partnerships are being formalized in these countries and others for the import and export of cement, sugar, urea, steel, soy beans, rebar, petroleum products, and other commodities.
Gateway Capital’s cement subsidiary, International Cement Group LLC is a worldwide reseller of Portland cement and projects distribution in excess of 100,000,000 metric tons during the next 12 months. Mr. Hammer also announced that Gateway ITP LLC is negotiating plans for public/private joint ventures to build new warehouse storage and distribution centers at existing ports in Latin America and the Caribbean, as well as Africa and the Middle East.
# # #
About Gateway Capital: Gateway Capital LLC, projecting revenues to exceed US $8 billion in its next fiscal year, is a rapidly growing private equity firm which leverages the insight of its investment and professional team across global private equity investments, buyouts, mergers, commodities trading, and real estate.