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.
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.
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.