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Cemex 

“Market Cap $14.51 B As of May 2014

At a Glance
  • Industry: Construction Materials
  • Founded: 1906
  • Country: Mexico
  • CEO: Lorenzo Zambrano Trevino
  • Website: www.cemex.com
  • Employees: 43,087
  • Sales: $15.33 B
  • Headquarters: San Pedro Garza Garc
Forbes Lists

#788 Global 2000

  • #615 in Sales
  • #623 in Assets
  • #775 in Market value
Profile

CEMEX SAB de CV is a holding company, which engages in the construction industry through the production, distribution, marketing, and sale of cement, ready-mix concrete and aggregates. It operates through the following geographical regions: Mexico, United States, Northern Europe, Mediterranean, South America and the Caribbean, and Asia. Its products include blended cement, gravel, sand, recycled concrete, asphalt, concrete block, and roof tiles. It also provides services such as construction financing, mobile solutions, technical support, and customer-oriented educational and training services. The company was founded in 1906 and is headquartered in San Pedro Garza Garcia, Mexico.

Cemex History

CEMEX was founded with the opening of Cementos Hidalgo, in 1906. Meanwhile, Cementos Portland Monterrey began operations in 1920, and in 1931, the two companies merged, becoming Cementos Mexicanos, now CEMEX. In the 1960s, CEMEX grew significantly when it acquired several more plants throughout Mexico. In 1976, the company went public on the Mexican stock exchange, and that same year, became the largest cement producer in Mexico with the purchase of three plants from Cementos Guadalajara. In 1982, the company made significant progress in overseas markets, doubling its exports. Further acquisitions of Mexican cement companies were made in 1987 and 1989, making CEMEX one of the ten largest cement companies in the world.

In 2004, CEMEX received the Wharton Infosys Business Transformation Award for their creative and efficient use of information technology.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “CEMEX