Company type | Subsidiary |
---|---|
Industry | Cement |
Founded | 1946 |
Headquarters | , |
Key people | Melvin G. Brekhus (President and CEO, Director) |
Products | Cement, aggregate, concrete |
Parent | Martin Marietta Materials, Inc |
Website | www |
TXI, formerly Texas Industries, is a wholly owned subsidiary. The company was focused on the production of heavy construction materials in the southwestern United States market (e.g. Texas and California).
TXI mainly focuses on cement, Portland, masonry and oil well cements, aggregates, and other concrete related products. Until 2012, Texas Industries owned 82 manufacturing facilities in six states. [1]
TXI was founded in 1946. In 1994, with an annual revenue of $614M, the company ranked 500th on the Fortune 500 list by annual revenue. [2] [FN 1]
In January 2014, Martin Marietta Materials (MLM), a rival provider of construction materials, agreed to buy TXI for $2.06 billion in stock. The combined company will operate under the name Martin Marietta with 7,000 employees and headquarters in Raleigh, N.C., Martin Marietta’s current home. [3] [ needs update ]
As of July 2, 2014, TXI became a wholly owned subsidiary of Martin Marietta Materials, Inc. [4] TXI is now headquartered in Dallas, Texas.
Its Midlothian plant on the south side of Midlothian, Texas ( 32°27′43″N97°1′21″W / 32.46194°N 97.02250°W ) is about 27 miles (43 km) south of downtown Dallas. When the plant was built it was the largest cement plant in the country.
The Chaparral Steel plant is next to TXI's cement plant in Midlothian. Chaparral Steel was spun off from TXI and later purchased by Gerdau in 2007 for $4.2 billion. [5] At that time, Chaparral Steel was the second-largest producer of structural steel beams in North America and a major producer of steel bar product. [5]
Midlothian is a city in northwest Ellis County, Texas, United States. The city is 25 miles (40 km) southwest of Dallas. It is the hub for the cement industry in North Texas, as it is the home to three separate cement production facilities, as well as a steel mill. The population of Midlothian grew by 121% between 2000 and 2010, to a population of 18,037.
Valero Energy Corporation is an American-based fuels producer mostly involved in manufacturing and marketing transportation fuels and other related products. It is headquartered in San Antonio, Texas, United States. Throughout the United States, Canada, and the U.K., the company owns and operates 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day, two renewable diesel plants that produce approximately 1.2 billion gallons per year, and 12 ethanol plants with a combined production capacity of 1.6 billion gallons.
POSCO is a South Korean steel manufacturer headquartered in Pohang, South Korea. It had an output of 42,000,000 metric tons of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure. In 2010, it was the world's largest steel manufacturing company by market value. Also, in 2012, it was named as the world's 146th-largest corporation by the Fortune Global 500.
Vulcan Materials Company is an American company based in Birmingham, Alabama. It is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 12,000 people at over 400 facilities. Vulcan serves 22 states, the District of Columbia, Mexico, Canada, Bahamas and the U.S. Virgin Islands. Vulcan's innovative Crescent Market project led to construction of a large quarry and deep water seaport on the Yucatán Peninsula of Mexico, just south of Cancun. This quarry supplies Tampa, New Orleans, Houston, and Brownsville, Texas, as well as other Gulf coast seaports, with crushed limestone via large 62,000-ton self-discharging ships.
Gerdau is the largest producer of long steel in the Americas, with steel mills in Brazil, Argentina, Canada, Colombia, Dominican Republic, Mexico, Peru, United States, Uruguay and Venezuela. Currently, Gerdau has an installed capacity of 26 million metric tons of steel per year and offers steel for the civil construction, automobile, industrial, agricultural and various sectors.
Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.
Construction aggregate, or simply aggregate, is a broad category of coarse- to medium-grained particulate material used in construction, including sand, gravel, crushed stone, slag, recycled concrete and geosynthetic aggregates. Aggregates are the most mined materials in the world. Aggregates are a component of composite materials such as concrete and asphalt; the aggregate serves as reinforcement to add strength to the overall composite material. Due to the relatively high hydraulic conductivity value as compared to most soils, aggregates are widely used in drainage applications such as foundation and French drains, septic drain fields, retaining wall drains, and roadside edge drains. Aggregates are also used as base material under foundations, roads, and railroads. In other words, aggregates are used as a stable foundation or road/rail base with predictable, uniform properties, or as a low-cost extender that binds with more expensive cement or asphalt to form concrete. Although most kinds of aggregate require a form of binding agent, there are types of self-binding aggregate which require no form of binding agent.
The Engineering News-Record is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry. It is owned by BNP Media.
Precision Castparts Corp. is an American industrial goods and metal fabrication company that manufactures investment castings, forged components, and airfoil castings for use in the aerospace, industrial gas turbine, and defense industries. In 2009 it ranked 362nd on the Fortune 500 list, and 11th in the aerospace and defense industry. In 2015 it ranked 322nd overall and 9th in the aerospace and defense industry. In 2014 it ranked 133rd on the S&P 500 based on market capitalization. In January 2016, the company became a wholly owned subsidiary of Berkshire Hathaway. Before that event, it used to be one of the three Fortune 500 companies headquartered in Oregon.
Cahya Mata Sarawak Berhad (CMSB) (MYX: 2852) is a corporation listed on the Main Market of the Malaysian stock exchange, Bursa Malaysia. It is an investment holding company involved in Sarawak in manufacturing of cement and other construction materials, road construction and maintenance, laying of undersea pipelines, dam construction, smelting, property development, financial services, and education.
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group.
Ash Grove Cement Company is a cement manufacturer based in Overland Park, Kansas. It was the largest US-owned cement company until it was acquired in 2018 by CRH plc, a global building materials business headquartered in Ireland.
Trinity Industries Inc. is an American industrial corporation that owns a variety of businesses which provide products and services to the industrial, energy, transportation and construction sectors.
Alfa S.A.B. de C.V., also known as Alfa or Alfa Group, is a Mexican multinational conglomerate headquartered in Monterrey, Mexico. It is a diversified group of businesses, mainly industrial, that produces petrochemicals, aluminum auto components, and refrigerated foods. It also participates in the extraction of oil and natural gas, and offers IT & telecom services. It is the global leader in the production of engine blocks and cylinder heads for American and European automakers; it is one of the largest PET and PTA producers in North America; and it is also a leader in the distribution of refrigerated foods in Mexico. In 2013, it was the seventh largest company of Mexico according to CNN Expansión.
Sammons Enterprises, Inc. is a diverse holding company composed of financial services, industrial equipment, real estate investment, and infrastructure businesses operating in six countries. Headquartered in Dallas, Texas (US), Sammons was established by Charles Sammons in 1938.
Xuzhou Construction Machinery Group Co., Ltd. is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1943, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands.
The cement industry in the United States produced 82.8 million tonnes of cement in 2015, worth US$9.8 billion, and was used to manufacture concrete worth about US$50 billion. The US was the world's third-largest producer of cement, after China and India. The US cement industry includes 99 cement mills in 34 states, plus two plants in Puerto Rico. The industry directly employed 10,000 workers in 2015. Ten percent of the cement used in the United States in 2015 was imported.
Simba Cement Uganda Limited (SCUL), also National Cement Company Uganda, is a cement manufacturer in Uganda. It is a subsidiary of National Cement Company Limited, the construction materials manufacturer based in Kenya. National Cement is itself a subsidiary of the Devki Group of Companies.
In 2017, the aggregate industry in the United States mined and sold 2.12 billion metric tons of crushed rock, sand and gravel valued at US$20.9 billion. There are thousands of aggregate-producing companies in the US, operating in each of the 50 states, and employing 105,000 people. Most aggregate is used by the construction industry, where it is an essential raw material and the main ingredient in concrete and asphalt concrete.
The American-Marietta Corporation was an American industrial conglomerate based in Chicago, Illinois, with numerous subsidiary companies across the Continental United States. It specialized in construction materials and industrial chemicals such as synthetic resins, adhesives, paints, and varnishes and was a former constituent of the Fortune 500.