Eagle Materials

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.[1]

Eagle Materials Inc.
Company typePublic company
NYSEEXP
S&P 400 component
IndustryBuilding materials
Founded1963; 61 years ago (1963)
Headquarters
Key people
David B. Powers, President & CEO
D. Craig Kesler, CFO
[1]
ProductsCement
Concrete
Construction aggregate
Gypsum
Wallboard
Paperboard
Sand for hydraulic fracturing
RevenueIncrease $1.211 billion (2016)[1]
Increase $0.198 billion (2016)[1]
Total assetsIncrease $2.247 billion (2016)[1]
Total equityIncrease $1.203 billion (2016)[1]
Number of employees
2,220 (2016)[1]
Websitewww.eaglematerials.com

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.[1]

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.[1]

On January 30, 2004, Centex distributed its shares in the company to its shareholders and the company was renamed Eagle Materials Inc.[2][3]

In May 2005, the company announced a $65 million expansion of its plant in LaSalle, Illinois.[4]

In September 2012, the company acquired plants in Sugar Creek, Missouri and Tulsa, Oklahoma from Lafarge for $446 million.[5]

In October 2014, the company acquired CRS Proppants LLC, a frac sand supplier, for $225 million.[6]

In February 2017, the company acquired a cement plant in Fairborn, Ohio from Cemex for $400 million.[7][non-primary source needed]

References

External links

  • Business data for Eagle Materials Inc.: