Texas Industries is under [...]]]> CEMEX announced on Tuesday that it had made significant progress in restructuring of its debt. It has managed to move the maturities of about 14.5 billion in dept out from the 2009-2011 time frame out to 2014. The move helps substantially secure the company’s short term financial stability.

Texas Industries is under pressure from an investment fund with a large stake in the company. The fund has stated their intention to nominate three members to the board due to what the fund managers call under performance relative to peers

I – Integrity (relationships you can trust) M – Mentoring (because in a knowledge-economy, success is determined by the rate you learn) A – Action (communicate common goals and empower [...]]]> Mel Brekhus shared his thoughts on what we, as leaders in the cement industry, need to do in order to thrive in these turbulent and tumultuous times in the cement industry:

I – Integrity (relationships you can trust)
M – Mentoring (because in a knowledge-economy, success is determined by the rate you learn)
A – Action (communicate common goals and empower the community)
G – Grow (because the world is getting smaller, information is getting bigger, so life comes at you faster)
I – Inertia (embrace change – even if it is uncomfortable)
N – Nimble (the most agile survive)
E – Enjoy (have fun doing all of the above)

It’s not so hard to IMAGINE A WORLD IN WHICH CEMENT IS THE FUTURE OF BUILDING PRODUCTS