Type Public Founded 1963 CEO Dave Powers | Industry Cement Key people Steven R. Rowley (CEO) | |
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Traded as NYSE: EXP
S&P 400 Component Products cement, concrete and aggregate, gypsum wallboard, paperboard Stock price EXP (NYSE) US$ 95.40 -5.81 (-5.74%)9 Mar, 3:05 PM GMT-5 - Disclaimer Headquarters Dallas, Texas, United States Subsidiaries AMERICAN GYPSUM Co LLC Executive vice president Gerald J. Essl (Cement, Concrete, Aggregates), James H. Graass, Craig Kesler | ||
Smartrend detects continued buying pressure in shares of eagle materials nyse exp
Eagle Materials Inc. (NYSE: EXP) is a building materials company based in Dallas, Texas. The company was established in 1963. Until 2014, it owned 6 cement plants, 4 gypsum wallboard plants, 1 recycled paperboard plant, 9 concrete batching plants and 2 aggregates facilities. Eagle Materials Inc. once was part of Centex Corporation. In 2013 Eagle replaced Regeneron in the S&P MidCap 400.
Contents
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History
Eagle Materials Inc was first set up by Centex Corporation in the 1960s and its original name is Centex Construction Products. In 2004 Centex sold its 65% interest and Eagle Materials Inc became an independent company. In the 2000s Eagle Materials spent $65 million to purchase an Illinois Cement Company plant in LaSalle, IL. American Gypsum built a new plant near Georgetown, SC (2005-2008). Texas Lehigh Cement invested in Houston Cement Import Terminals.
In 2012 Eagle Materials acquired two Lafarge cement plants for $446 million, which would increase Eagle Materials' cement production capacity by 1.6 million tons, or roughly 60 percent.
Products & Services
Eagle mainly offers four kinds of products: Cement (limestone), Gypsum Wallboard, Recycled Paperboard (containerboard, lightweight packaging and industrial paperboard grades), and Concrete and Aggregates. The Company sells cement mainly in northern Nevada and California, the greater Chicago area, the Rocky Mountain region and Texas.