CRH PLC (NYSE:CRH) is one of the best cement stocks to buy according to analysts. On September 9, the company received a significant boost with the election of Patrick Decker to the board of directors. He joins the company with vast experience in accounting and finance from Indiana University.
Decker has previously served as the president and CEO of Xylem, a leading provider of water technology and solutions. He has also served as the president and CEO of Harsco Corporation and as the president of Tyco Flow Control. Currently, he serves on the board of Johnson Controls International.
“We are delighted to welcome Patrick to our Board of Directors,” said Richie Boucher, CRH Chairman.
The election of Decker to the board follows the signing of a $2.1 billion deal to acquire Eco Material Technologies. With the acquisition of the near-zero carbon cement producer Eco Material, CRH PLC will also gain access to a network of fresh and harvested fly ash and green cement operations.
CRH PLC (NYSE:CRH) is a provider of building materials and solutions for infrastructure and construction projects. Its products include aggregates, cement, readymixed concrete, and asphalt, which are used in everything from major roads and buildings to residential communities and utilities.
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Disclosure: None. This article is originally published at Insider Monkey.