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CommentsWhat does it take to cement a corporation’s success in the construction industry? CEMEX would know best. Founded in the year 1906 as the Cementos Hidalgo plant, the Mexico-based company has become an international leader. Primarily a holding company, its core competence is in cement, aggregates, ready-mix concrete, clinker, and related environment safe products. CEMEX’s operations cover around 50 countries across the regions of the Americas, Europe, Africa, the Middle East, Asia, and Australia. As of 2007, the 67,000-strong company maintains trade dealings with over 100 nations across the globe.
As an industry leader, it differentiates itself in several crucial aspects of the business. CEMEX is driven by sustainable value creation. This translates to operating with customer focus, developing people-motivated employees, maintaining a solid business model, continuously building a dynamic enterprise, and committing to sustainability. From home construction, improvement and renovation, to bigger scale agricultural, marine/hydraulic applications, and other industrial solutions, CEMEX has built a reputation for itself as a trusted company when it comes to building important structures.
CEMEX has assets that are in markets characterized by promising opportunities in sustainable top-line and bottom-line expansion. Revenue has seen a compounded annual growth rate of 19% and Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) at 14% over the past decade.
The management team’s page in the corporate website declares, “Experienced leaders ensure our success.” Following this philosophy, the entire management team of CEMEX has among its ranks prominent figures in the industry; people who are known for their commendable executive leadership.
Chairman of the board and chief executive officer Lorenzo H. Zambrano joined the company way back in 1968. His esteemed affiliations include being a member of the IBM board of directors as well as the Citigroup International Advisory board. He is also the chairman of the board of Tecnologico de Monterrey and is a part of the boards of Grupo Financiero Banamex, Alfa, Televisa, and FEMSA.
The executive vice presidents of CEMEX are invaluable individuals in their respective professions as well. Armanda J. Garcia heads Development; Victor M. Romo is with Administration and Hector Medina is with Planning and Finance. Francisco Garza is the President of the North American Region & Training, Fernando A. Gonzalez of Europe, Middle East, Africa, Asia & Australia Region, and Juan Romero of the South America & Caribbean Region. Rodrigo Treviño is currently CEMEX’s chief financial officer.
The leaders who currently oversee the advancement of CEMEX have made it a point that all of its stakeholders understand its vision of becoming “The World’s Most Efficient and Innovative Building Materials Company.”
CEMEX has come to offer more than the building solutions that it provides. Its core business, as declared by the company’s vision, truly is “Building the Future.”
Additional Information on CEMEX:
CEMEX has forged partnerships with International, World Wildlife Fund, Keep America Beautiful affiliates, Adopt-A-Highway and Wildlife Habitat Council.
Sustainability & Innovative Design Honored with Third Annual CEMEX U.S. Building Awards.
CEMEX plants in Knoxville and Fairborn, Ohio are recognized with enhanced manufacturing processes that benefit the global environment.
At CEMEX, air quality is a priority, as reflected in this article about how CEMEX mixes sustainable manufacturing with profitability.
In another CEMEX environmental initiative, CEMEX purchases lands within a protected area for a long-term commitment of restoring habitat and native wildlife to the Maderas del Carmen.
Post Author: guest