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Portfolio Update: Cemex USA shores up Texas holdings with two deals

Finalized at the end of July, Houston-based Cemex USA announced that it had entered into an asset swap with Dallas-based Texas Industries (TXI) that would result in Cemex taking over seven ready-mixed plants in the Houston area, where TXI will continue to operate cement and aggregate terminal operations along with packaged materials facilities.

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A Ranger takes the helm of Texas-based U.S. Concrete

One year removed from financial reorganization driven by pre-recession interest rate debt, U.S. Concrete Inc. has a new president and chief executive officer—an outsider who unlike his predecessors, Eugene Martineau and Michael Harlan, was not part of the company’s late-1990s founding.

Read more: A Ranger takes the helm of Texas-based U.S. Concrete

72-hour tour answers 9/11 call

Today’s executives talk of corporate social responsibility. Bill Sandbrook is no exception, but his adherence to the concept dates back at least a decade.

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