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LAFARGE CORPORATION ANNOUNCES CEMENT PRICE INCREASE

 SOUTHFIELD, Mich., Feb. 24 /PRNewswire/ -- The Great Lakes Region of Lafarge Corporation (NYSE: LAF) announced today that it will implement a price increase for portland cement products effective April 1, 1993.
 "The lingering effects of the recession and steady increases in the costs of running essential operations gave Lafarge no alternative but to raise prices," said Peter Herguth, vice president of Sales and Marketing for Lafarge's Great Lakes Region. Prices will go up $5 per ton.
 "Lafarge has taken steps to improve its performance by reducing overhead expenditures and divesting non-productive assets. These internal cost-saving measures in no way compromise our commitment to consistent product uniformity and quality," Herguth stated.
 "Our customers expect high quality from Lafarge, and they will continue to get it," Herguth added.
 Lafarge Corporation is a Fortune 500 company and one of the leading suppliers of construction materials in North America. One of Lafarge's four cement regions, the Great Lakes Region supplies the cement needs of customers in the following states: New York, Pennsylvania, Ohio, Indiana, Illinois, Michigan, Wisconsin, Minnesota and Iowa. Headquartered in Southfield, the region includes five full-production cement plants, 22 distribution terminals and warehouses, and nine district sales offices.
 -0- 2/24/93
 /CONTACT: Peter E. Herguth of Lafarge Corporation, 313-354-9050/
 (LAF)


CO: Lafarge Corporation ST: Michigan IN: CST SU:

KE -- DE027 -- 0034 02/24/93 15:39 EST
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Publication:PR Newswire
Date:Feb 24, 1993
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