Holcim just completed the spin off of North American operations which immediately places the new company Amrize as the continents largest cement producer among other things and really plays well into Trumps idea of America first imo.
Previously most visible in Canada as Lafarge who merged their global cement business with Holcim a few years ago. Not sure if we will see the new name here or not. The totally separate company is listed on the NYSE as AMRZ. Also recently got into roofing.
It just started trading last week and was priced around $50 US. Worth watching imo. I know from experience it will be a well run company poised for growth from what i read.
I was once told the world spends as much on cement as it does on food and have seen first hand how essential it is to construction in general.
Previously most visible in Canada as Lafarge who merged their global cement business with Holcim a few years ago. Not sure if we will see the new name here or not. The totally separate company is listed on the NYSE as AMRZ. Also recently got into roofing.
It just started trading last week and was priced around $50 US. Worth watching imo. I know from experience it will be a well run company poised for growth from what i read.
I was once told the world spends as much on cement as it does on food and have seen first hand how essential it is to construction in general.