BNET Industries

Texas Industries Inc.

Market Cap:$979.6M
Last Fiscal Year Sales:$1.0B
  • Public
  • US
Dow Jones Description

Texas Industries, Inc., from its beginning on September 1, 1951, has remained unwavering in its commitment to quality, uncompromising in its attention to detail and focused on being at the forefront of technology. Its cornerstones -- foresight, innovation, technology, commitment and pride in its products, people and communities are values and qualities that gained TXI a position of leadership early in its history. Ralph B. Rogers, founder of TXI, began operations with a lightweight aggregate plant in Eastland, Texas. By the end of its first fiscal year, the Company had added fifteen more production plants and, within another year, operated 28 facilities in Texas, Louisiana, Oklahoma and Arkansas. In 1953, TXI expanded its operations and market by acquiring Fort Worth Sand & Gravel Company. Throughout its first decade in business, the Company continued to increase production capacity by rebuilding existing plants and acquiring facilities as far away as Minnesota, Iowa and Missouri. Taking a bold step to secure its future, in August 1959 TXI announced plans to build its first cement plant in Midlothian, Texas. The Midlothian plant would be the most modern in the nation. In the 50s, Rogers set TXI on a course of vertical integration. By June 1960 with the start-up of the cement plant, this goal had been achieved. TXI-owned companies were involved in every step of the concrete making process from mining of the raw materials to finished products. ...

Number of Employees 2,500
Contact Information

1341 W Mockingbird Ln Ste 700W

Dallas, Texas 75247-6913

www.txi.com

(972) 647-6700

NAICS Code Other Construction Material Merchant Wholesalers: 423390

Recent Events

  • Texas Industries TXI Declares $0.075 Quarterly Dividend; 0.8% Yield

    11/18/09 - Stock Split / Dividend - View Story

  • Disney Investment Firm Says Huey, Dewey and Louie Duck Were Elected to TXI Board

    10/26/09 - Merger / Acquisition - View Story

  • UPDATE 1-Texas Industries posts surprise Q1 profit

    9/24/09 - Financial Announcement - View Story

  • Morgan Keegan Initiates Coverage on Texas Industries TXI with a Market Perform

    9/15/09 - Bond / Stock Rating - View Story

  • Texas Industries, Inc. (NYSE:TXI) today released the following Letter to Shareholders.

    8/20/09 - Product Announcement - View Story

  • Texas Industries Inc. TXI reports 1st Quarter ending August 2009 below estimates

    7/16/09 - Financial Announcement - View Story

  • TXI DECLARES QUARTERLY DIVIDEND

    7/14/09 - Stock Split / Dividend - View Story

News & Analysis

texas industries inc. - All News and Analysis

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     TXI $35.32 -0.56 (-1.56% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 318,986
Shares Outstanding 27.74M
Market Cap 979.7M
Year High 48.7
Year Low 12.58
Earnings Per Share -0.96
P/E Ratio -36.79
Dividend 0.30
Yield 0.85
IndustryTop Rated
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