cemex better take rin out or....

they might get taken out themselves

This company just keeps growing!!!

Rinker expands operation in US
22/01/2007 By: Zachary Corones

Rinker Group Limited (RIN) announced it has expanded the group’s operations in the US Pacific north-west with the acquisition of the Walling Sand & Gravel companies in Oregon. The privately-owned group of companies is the number two aggregates producer in Salem, with around 25% of the local market, Rinker said today.


Rinker chief executive David Clarke said the area was an attractive growth market for the company.

“Walling is a well-established business with strong market positions, and is a good strategic fit for Rinker Materials,” he said.

Walling operations also comprise an asphalt plant and paving operation and a concrete plant, the company said.

Rinker said it planned to have the Walling operation “bolt-on” to its Portland operation, owned by Rinker’s US subsidiary.

Salem is Oregon’s second largest city after Portland and has a metropolitan area population of around 370,000.

The company highlighted that the regional construction outlook was positive, with the housing slowdown expected to be offset by strong non-residential and infrastructure spending.

Shares in Rinker closed 5c higher at $18.25 on