Cement News tagged under: Texas Industries
USA: TXI sells Missouri City aggregate terminal24 April 2012, Published under Cement NewsTexas Industries Inc has announced the sale of its aggregate rail distribution terminal and associated assets located in Stafford, Texas, to Lex Missouri City, LP. The transaction included the sale of approximately 154 acres of land, with rail connection to the Union Pacific Railroad, and the sale of related assets used to receive and distribute aggregates to construction projects in the southwest Houston area. TXI will continue to operate its aggregate distribution terminal located in Katy... |
TXI sells package products operations to CRH arm, USA18 April 2012, Published under Cement NewsTexas Industries, Inc announced the sale of its Texas based packaged products operations to Charlotte, NC-based Bonsal American, a unit of Oldcastle, Inc. The transaction included five production facilities, stretching from the Dallas-Fort Worth Metroplex to the Houston metro area and extending through Austin and Central Texas. As a part of the agreement, TXI and Bonsal have entered into a long-term cement supply agreement, and TXI will continue to produce and sell packaged cement and ... |
Texas Industries reports lower pre-tax losses29 March 2012, Published under Cement NewsFor the first nine months to the end of February, Texas Industries increased turnover by 5.9% to US$472.4m. After a net interest charge 29.4% lower at US$26.8m, the pre-tax loss declined by 41.8% to US$54.0m. However, a reduced tax credit meant that the net loss was just 5.5% lower at US$52.7m. The net debt at the end of February stood at US$627.3m to give a gearing level of 97.9%. Capital expenditure in the period was boosted by investment in the Hunter cement works in Texas and rose by ... |