TXI, formerly Texas Industries, was a manufacturing company. The company was focused on the production of heavy construction materials in the southwestern United States market (e.g. Texas and California). TXI mainly focuses on cement,

Portland Portland most commonly refers to: * Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States * Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...

masonry Masonry is the building of structures from individual units, which are often laid in and bound together by mortar; the term ''masonry'' can also refer to the units themselves. The common materials of masonry construction are bricks, building ...

and oil well cements, aggregates, and other concrete related products. Until 2012, Texas Industries owned 82 manufacturing facilities in six states.

History

TXI was founded in 1946. In 1994, with an annual revenue of $614M, the company ranked 500th on the

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

list by annual revenue.In 1994, the Fortune 500 list ranked industrial companies. It did not include service companies. In January 2014,

Martin Marietta Materials Martin Marietta Materials, Inc. is an American company and a member of the S&P 500 Index. The company is a supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada and the Caribbean. In particular, Martin ...

( MLM), a rival provider of construction materials, agreed to buy TXI for $2.06 billion in stock. The combined company will operate under the name Martin Marietta with 7,000 employees and headquarters in Raleigh, N.C., Martin Marietta’s current home. As of July 2, 2014, TXI became a wholly owned subsidiary of Martin Marietta Materials, Inc. TXI is now headquartered in

Dallas Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 ...

Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...

Key facilities

Its Midlothian plant on the south side of

Midlothian, Texas Midlothian is a city in northwest Ellis County, Texas, United States. The city is southwest of Dallas. It is the hub for the cement industry in North Texas, as it is the home to three separate cement production facilities, as well as a steel mill. ...

() is about south of downtown Dallas. When the plant was built it was the largest cement plant in the country.

Former key facilities

The Chaparral Steel plant is next to TXI's cement plant in Midlothian. Chaparral Steel was spun off from TXI and later purchased by

Gerdau Gerdau is the largest producer of long steel in the Americas, with steel mills in Brazil, Argentina, Canada, Colombia, Dominican Republic, Mexico, Peru, United States, Uruguay and Venezuela. Currently, Gerdau has an installed capacity of 26 mill ...

in 2007 for $4.2 billion. At that time, Chaparral Steel was the second-largest producer of structural steel beams in North America and a major producer of steel bar product.

References

{{reflist, group=FN

External links

TXI Official WebsiteMS Concrete Construction
Manufacturing companies established in 1946 Companies formerly listed on the New York Stock Exchange Manufacturing companies based in Dallas Cement companies of the United States Building materials companies of the United States 1946 establishments in Texas Defunct manufacturing companies based in Texas