| Business Summary | | Texas
Industries,
Inc.
and
subsidiaries
(TXI)
is
a
leading
supplier
of
construction
materials
through
two
business
segments:
cement,
aggregate
and
concrete
products
(the
CAC
segment),
and
structural
steel
and
specialty
bar
products
(the
Steel
segment).
Through
the
CAC
segment,
TXI
produces
and
sells
cement,
stone,
sand
and
gravel,
expanded
shale
and
clay
aggregate
and
concrete
products.
Through
its
Steel
segment,
TXI
produces
and
sells
structural
steel,
piling
products,
specialty
bar
products,
merchant
bar-quality
rounds,
reinforcing
bar
and
channels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Texas
Industries,
Inc.
produces
steel,
cement
and
concrete
products
for
the
construction
and
manufacturing
industries.
Chaparral
Steel
(a
wholly
owned
subsidiary)
produces
carbon
steel
products,
Brookhollow
(a
wholly
owned
subsidiary)
owns
land
for
investment
and
resale.
For
the
fiscal
year
ended
5/31/01,
revenues
fell
4%
to
$1.25
billion.
Net
income
applicable
to
Common
fell
62%
to
$26.5
million.
Results
reflect
declined
steel
prices
and
higher
energy
costs
and
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gerald Heffernan, 81 Chairman | -- | -- | Robert Rogers, 64 Pres,
CEO, Director | $1.2M | -- | Richard Fowler, 57 Exec.
VP-Fin., CFO | 469K | -- | Melvin Brekhus, 51 Exec.
VP and COO of Cement, Aggregate and Concrete | 501K | -- | Tommy Valenta, 51 Exec.
VP and COO of Steel | 501K | $14K | Dollar
amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|