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Date 06/23/2008

Lafarge Acquires Southeastern Louisiana Sand and Gravel Assets of Texas Industries, Inc.

Lafarge North America Inc.

Herndon, VA

 

Lafarge today announced that it has completed the purchase of the southeastern Louisiana sand and gravel assets of Texas Industries, Inc. The acquisition consists of four sand and gravel pits allowing Lafarge to enter the southeastern Louisiana aggregates market.

 

This acquisition will expand Lafarge's presence in southeastern Louisiana and position the company to better serve by expanding its product offering. The operations will be integrated into Lafarge's Eastern US Aggregates and Concrete region.

 

"The acquisition and integration of these TXI operations is an exciting opportunity for Lafarge's aggregates and concrete division," said Ken MacLean, president of Lafarge Aggregates and Concrete for the eastern United States region. "We look forward to utilizing these assets to build upon the foundation of high quality products and services our customers have come to expect."

Contact:

Louise Muth

Director of External Communications for North America

703-480-3707

ADDITIONAL INFORMATION

Lafarge is the world leader in building materials, with top-ranking positions in all of its businesses: Cement, Aggregates & Concrete and Gypsum. With 90,000 employees in 76 countries, Lafarge posted sales of 17.6 billion Euros and net income of 1.9 billion Euros in 2007. Lafarge North America Inc., a Lafarge Group company, is the largest diversified supplier of construction materials in the United States and Canada. Its materials are used for residential, commercial, institutional and public works construction.

 

Lafarge is the only company in the construction materials sector to be listed in the 2008 ‘100 Global Most Sustainable Corporations in the World'. Lafarge has been committed to sustainable development for many years, pursuing a strategy that combines industrial know-how with performance, value creation, respect for employees and local cultures, environmental protection and the conservation of natural resources and energy. To make advances in building materials, Lafarge places the customer at the heart of its concerns. It offers the construction industry and the general public innovative solutions bringing greater safety, comfort and quality to their everyday surroundings.

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