Eagle Materials
In today's article we are going to explore the exciting world of Eagle Materials, a topic that has captured the attention of millions of people around the world. From its origins to its relevance today, Eagle Materials has generated debate, interest and curiosity in various areas of society. Throughout this article, we will analyze the importance of Eagle Materials in the current context, as well as its influence on different aspects of daily life. In addition, we will delve into its historical, cultural and social implications, offering a detailed perspective that will allow us to better understand the relevance of Eagle Materials in today's world.
 | |
| Company type | Public company |
|---|---|
| NYSE: EXP S&P 400 component | |
| Industry | Building materials |
| Founded | 1963 |
| Headquarters | |
Key people | David B. Powers, President & CEO D. Craig Kesler, CFO |
| Products | Cement Concrete Construction aggregate Gypsum Wallboard Paperboard Sand for hydraulic fracturing |
| Revenue |  $1.211 billion (2016) |
| $0.198 billion (2016) | |
| Total assets | $2.247 billion (2016) |
| Total equity | $1.203 billion (2016) |
Number of employees | 2,220 (2016) |
| Website | www |
Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.
The company operates 7 cement plants, 1 slag grinding facility, 17 cement distribution terminals, five gypsum wallboard plants, 3 frac sand wet processing facilities, 3 frac sand drying facilities, and 6 frac sand trans-load locations.
History
The company was founded in 1963 as a division of Centex Construction Company. Between April 1994 and January 30, 2004, the company was known as Centex Construction Products, Inc.
On January 30, 2004, Centex distributed its shares in the company to its shareholders and the company was renamed Eagle Materials Inc.
In May 2005, the company announced a $65 million expansion of its plant in LaSalle, Illinois.
In September 2012, the company acquired plants in Sugar Creek, Missouri and Tulsa, Oklahoma from Lafarge for $446 million.
In October 2014, the company acquired CRS Proppants LLC, a frac sand supplier, for $225 million.
In February 2017, the company acquired a cement plant in Fairborn, Ohio from Cemex for $400 million.[non-primary source needed]
References
- ^ a b c d e f g h i "Eagle Materials Inc. 2016 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ "Spin-Off of Centex Construction Products Completed; Name Will Change to Eagle Materials Inc" (PDF) (Press release). PRNewswire. January 30, 2004. Archived from the original (PDF) on November 7, 2017. Retrieved October 30, 2017.
- ^ "Centex completes Eagle Materials spinoff". American City Business Journals. February 2, 2004.
- ^ "Eagle Materials to expand Illinois plant". American City Business Journals. March 14, 2005.
- ^ Twiddy, David (September 26, 2012). "Lafarge agrees to sell cement plants in Sugar Creek, Tulsa". American City Business Journals.
- ^ Horney, Benjamin (October 17, 2014). "Eagle Materials Drops $225M To Acquire Frac Sand Supplier". Law360.
- ^ "Eagle Materials Inc. Announces a Definitive Agreement to Acquire Cemex's Fairborn Cement Plant and Related Assets" (Press release). Business Wire. September 12, 2016.
External links
- Business data for Eagle Materials Inc.:
