11 Taiheiyo Cement | Glendora, Calf.
The U.S. is the company's second largest market for its cement and ready-mix after its home country of Japan. In 2008 Taiheiyo introduced Grand Premium Cement. The company's cheaper green cement uses less heat during production, resulting in less fuel and less carbon emissions. Also in 2008, Taiheiyo acquired Phoenix-based IMIX Group, a producer of ready-mix concrete and aggregate. www.taiheiyo-cement.co.jp/english12 TXI | Dallas
Income was down almost 13% for 2008, results the company blamed on increased energy and maintenance costs. TXI remains dedicated to focusing on the Texas and California construction markets, two areas that struggled this past year. And it is still working to expand its cement production capacity. The company completed expanding and modernizing its California plant in 2008. It is working on a similar expansion in Texas this year. www.txi.com$501 Million to $1 billion13 Mitsubishi Materials Corp. | Corona, Calif.
Japanese company bought Robertson's Ready Mix for about $900 million in 2008, a show of confidence in the U.S. housing market. Mitsubishi is the second largest cement producer in Japan. Cement and other building materials account for 15% of revenue for the company, which was founded in 1871. U.S. holdings also include Hawaiian Rock Products Corp. and Service Rock Products Corp. in the California and Nevada deserts. www.mmc.co.jp/english14 Titan America | Norfolk, Va.
This is a subsidiary of the Greek cement giant Titan Cement. It has been working to build a $450 million cement plant in North Carolina since 2008 but it has battled environmental activists. Partly in response to groups like Stop Titan, an environmental group attempting to stop the North Carolina plant, Titan America became an EPA Energy Star partner, which means all Titan plants submit to independent energy efficiency monitoring. www.titanamerica.com15 U.S. Concrete Inc. | Houston
More than 90% of revenue comes from ready-mix and precast concrete. In 2008 the company bought plants in West Texas and two plants in New York. The young company was built for expansion, having formed in 1999 to buy companies that produce ready-mix and bagged cement. Also has two concrete block plants. www.us-concrete.com16 Trinity Construction Products Group | Dallas
The construction division of Trinity Inc. accounts for less than a quarter of the revenue of its parent, which earns most of its money through its rail group. The construction group's concrete products are sold in 37 countries. The division owns mines in Arkansas, Texas, and Louisiana. Trinity's revenue was up 1.3% overall and 1.1% in construction products. www.trin.net/trinbusi.construct.html17 Grupo Cementos de Chihuahua | Chihuahua, Mex.
Grupo Cementos has concrete plants in Mexico and in New Mexico and South Dakota. In 2008, the company bought Alliance Concrete of Iowa, and the Bosshart Company of Minnesota, for $116 million. The company also bought four concrete distribution centers in New Mexico, Colorado, and North Dakota. Grupo Cementos is one of the leading cement and concrete companies in Mexico and Bolivia. Revenue increased in 2008, but profits fell slightly. www.gcc.com18 Italcementi Group | Nazareth, Pa.
Known in North America as ESSROC, the company attempted to merge with Ciments Francais in June, but was forced to abandon its plans after U.S. investors placed demands on the takeover that Italcementi could not meet. In 2008, ESSROC bought the ready-mix concrete division of Pennsylvania's Shockey Co., which gave the company nine ready-mix plants, all in Pennsylvania. This year, the company completed a $400 million expansion and modernization of a cement plant in Martinsburg, W.Va. www.essroc.com19 Boral | Roswell, Ga.
North American business unit for Australia's Boral has a dim view of the years ahead in the U.S. housing market. Boral is the country's largest manufacturer of brick and roof tile. It cut its projected income for 2009 to $120 million, down from $243 million in 2008. The company originally projected income of $200 million for 2009, but that was based on an expected 800,000 new dwellings being built in 2009. That number will be closer to 600,000. www.boralbricks.com20 Cementos Argos | Medellin, Colombia
U.S. revenue dropped by 9% in 2008, mirroring the 9% drop in concrete sales. Meanwhile, the company saw a 69% increase in its Latin American business. Argos' Ready Mixed Concrete Co., which operates in the Carolinas, Georgia, and Virginia, had a 32% drop in revenue compared to 2007. Business in Texas and Arkansas through Southern Star Concrete had their revenue increase 2.4%. Argos bought Santee Redi-Mix in South Carolina, and Consort Concrete in Houston for $20 million. www.argos.com.co