Key Developments: Texas Industries Inc (TXI)
18 Dec 2013
Latest Key Developments (Source: Significant Developments)
Texas Industries, Inc. announced the sale of its aggregate rail distribution terminal and associated assets located in Stafford, Texas to Lex Missouri City, LP, effective April 20, 2012. The transaction included the sale of approximately 154 acres of land, with rail connection to the Union Pacific Railroad, and the sale of related assets used to receive and distribute aggregates to construction projects in the southwest Houston area. TXI will continue to operate its aggregate distribution terminal located in Katy, Texas, west of Houston. Full Article
- Construction material supplier Texas Industries Inc's owners are exploring a sale of the company and are working with Citigroup to find a buyer, Bloomberg reported on Thursday, citing three people with knowledge of the matter.