If Trump Builds a Wall, a Mexican Cement Maker Would Profit Most
- Wall would represent ‘huge opportunity,’ Bernstein report says
- ‘Ludicrous’ project may cost more than $15 billion: analysts
Trucks wait to receive loads of cement at the Cemex SAB plant in Monterrey, Mexico, on Tuesday, Feb. 10, 2015. Cemex SAB's asset sales under its turnaround plan may cut debt by as much as $1 billion as the largest cement maker in the Americas considers disposals in Asia and Northern Europe.
Photographer: Susana Gonzalez/BloombergOne of the biggest beneficiaries of Donald Trump’s plan to build a wall on the Mexican border might be a company from south of the Rio Grande: Cemex SAB.
The largest cement maker in the Americas would be “best positioned” to profit from such a large construction project, according to a report by Sanford C. Bernstein & Co. Other likely beneficiaries include another Mexican company Cemex owns a stake in, Grupo Cementos de Chihuahua SAB, as well as Martin Marietta Materials Inc., Vulcan Materials Co. and CalPortland Co.