Vulcan Materials Provides Update On NAFTA Arbitration; Tribunal Found That Mexico Violated NAFTA In Several Respects; Tribunal's Award Of Monetary Damages To Vulcan For Mexico's Violations Was Negligible
Vulcan Materials Company (NYSE:VMC), the nation's largest producer of construction aggregates, today provided an update with respect to its North American Free Trade Agreement (NAFTA) arbitration against Mexico
Vulcan Materials won a legal case against Mexico but got almost no money as a prize. When a company wins in court but the reward is tiny, it shows the case may not help them much going forward.
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