Our History - CEMEX USA
Our History
Founded in Mexico in 1906, we have grown from a small regional cement firm into a top global building solution company.
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1906
CEMEX is founded
With the opening of the Cementos Hidalgo plant in northern Mexico.
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1948
CEMEX’s annual production
Capacity reaches 124,000 tons, a nearly fourfold increase from 1906.
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1976
CEMEX lists
on the Mexican stock exchange and becomes Mexico’s market leader with the acquisition of Cementos Guadalajara.
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1985
For the first time
CEMEX’s annual sales exceed 6.7 million tons of cement and clinker, and the annual sales of three cement plants–Monterrey, Guadalajara and Torréon–each surpass 1 million tons.
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1986
Through co-investments
with North American cement companies, CEMEX consolidates its export program.
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1994
CEMEX expands
its operations by acquiring Balcones, a cement plant in the USA.
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1994
CEMEX launches
its alternative fuels strategy and begins converting its plants to enable them to use petroleum coke.
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1994
CEMEX formally establishes
its ecoefficiency program, the cornerstone of its sustainable development strategy.
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1999
CEMEX lists
on the New York Stock Exchange under the ticker symbol “CX”.
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2000
CEMEX becomes
North Americas largest cement producer with the acquisition of the US-based Southdown.
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2000
The company launches
its CEMEX Way initiative to identify, incorporate and execute standardized best practices throughout the organization.
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2000
Standard & Poor’s upgrades
CEMEX’s credit rating to investment grade.
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2005
CEMEX doubles
its size with the acquisition of RMC, adding 20 mainly European markets.
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2007
CEMEX initiates
the integration of Rinker.