President Donald Trump’s proposed multibillion dollar “great, great wall” on America’s southern border will surely need a lot of construction material, such as cement. And despite his intention to use the wall to keep out Mexicans who try to slip illegally into the U.S., the massive building project could actually be boon for one Mexican cement maker: Cemex (CX), which has extensive operations on both sides of the Rio Grande.
According to Global Cement magazine, Cemex has six integrated cement plants within a 200-mile radius of the proposed border wall, more than California rival CalPortland, which has four plants, and Mexicos’ Grupo Cementos de Chihuahua, which is focuses more on regional markets in the Western U.S. and the Mexican state of Chihuahua.
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