BNET Industries

Last Fiscal Year Sales:$5.1B
- Public
- AU
Dow Jones Description
Rinker provides a solid foundation for it's customers! Rinker Group Limited (NYSE: RIN; MBE and SYD:RIN ) is active in heavy building materials in the United States and Australia. Its products include aggregate, cement, concrete, concrete block, asphalt and concrete pipe. It also distributes gypsum wallboard. Other businesses include Readymix and Humes in Australia and China. The company is based in Chatswood, NSW, Australia, and employs about 13,300 people in over 760 sites across the US, Australia and China. It was founded in 1926 and has revenue of $5.1 billion. In March 2006 the company acquired Keys Concrete, one of the largest independent concrete and block manufacturers in Florida.
Number of Employees 14,358
Contact Information
Level 8 Tower B
799 Pacific Hwy
Chatswood 2067
(61) 294126600
Peer Companies
NAICS Code Ready-Mix Concrete Manufacturing: 327320
News & Analysis
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Maycock's sweet start.
Byline: Henry Byrne Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Jerry Maycock, the new CEO of CSR, is overseeing big changes at the 152-year-old Australian company. CSR paid $A690 million for glass manufacturer Pilkington, in its biggest deal...
Takeover windfalls caught in the vortex.
Byline: Nina Wan Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Takeovers of large listed Australian companies can erode diversity on the stock market. There is a risk that the interest in acquiring industrial stocks will skew the market, which...
Some regrets as Rinker board resigns.
Byline: Henry Byrne Jun 19, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Resigning board members of Rinker Group have urged shareholders to be more involved in the issue of stock value. The lack of loyalty or the short-term thinking of shareholders...
Temptation for investors as Wilson HTM lists.
Jun 17, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The sharemarket float of Wilson HTM should prove one of the highlights of the week commencing 18 June. The brokerage and funds house has raised $A26.6 million via the sale of 13.3 million shares, to...
ASIC acts on Rinker bid.
Byline: Henry Byrne Jun 14, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australia's securities regulator has lodged an application that could make Cemex's takeover of Rinker Group more expensive. The Australian Securities & Investments Commission ASIC is unhappy that...
Cemex now in control of Rinker
MEXICO CITY -- Cemex of Mexico became the world's largest supplier of building materials on Thursday after it won a majority stake in Australia's Rinker Group Ltd., overcoming concerns of potential market dominance in some U.S. markets. Cemex announced it had won acceptance of its $14.25 billion takeover...
Rinker takeover finally set in concrete.
Byline: Philip Hopkins Jun 07, 2007 (The Age - ABIX via COMTEX) -- Australian-listed Rinker Group is set to fall into foreign ownership, with Mexico-based Cemex declaring its takeover bid unconditional. Cemex has now gained acceptances for 50.34 per cent of the building materials...
M&A talk reaches Rio, BHP.
Byline: Nina Wan and Peter Wells May 07, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket rallied to another new high on 7 May 2007. The S&P/ASX 200 added 30.8 points to close at 6,335.7, while the All Ordinaries...
CEMEX Extends Its Offer to Acquire Rinker
Rinker Shareholders to Retain Final Dividend Perpetual to Accept CEMEX Offer MONTERREY, MEXICO -- CEMEX, S.A.B. de C.V. (NYSE: CX) announced today that it has agreed to make the following changes to its Offer to acquire shares of Rinker Group Limited ("Rinker") (ASX: RIN, NYSE ADR: RIN): ...
Rinker rival says Florida's not lost.
Byline: Scott Rochfort May 02, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Two US building materials companies say there are signs the troubled housing market there is already in recovery. The upbeat assessment from Florida Rock and Vulcan Materials could be...
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