Argos S.A.: Difference between revisions
No edit summary |
No edit summary |
||
| Line 33: | Line 33: | ||
Argos has four ports in the U.S. and four in Colombia as well as two in Venezuela, one in Panama, on in the Dominican Republic and one in Haiti. In Colombia, Argos is the largest transporter of land cargo. Argos has 14 cement producing plants, of which 11 are located in Colombia and the rest are in Panama, the Dominican Republic and Haiti. Four of the 11 Colombian plants are located in the northern area of Colombia and are dedicated to exportation, while for domestic demand there are 7 plants located in the Departments of Antioquia, Cundinamarca, Valle, Boyacá, and Santander. |
Argos has four ports in the U.S. and four in Colombia as well as two in Venezuela, one in Panama, on in the Dominican Republic and one in Haiti. In Colombia, Argos is the largest transporter of land cargo. Argos has 14 cement producing plants, of which 11 are located in Colombia and the rest are in Panama, the Dominican Republic and Haiti. Four of the 11 Colombian plants are located in the northern area of Colombia and are dedicated to exportation, while for domestic demand there are 7 plants located in the Departments of Antioquia, Cundinamarca, Valle, Boyacá, and Santander. |
||
While Colombia is Argos largest cement producer, the United States is where Argos has its largest concrete production capacity (8.9 million cubic meters per year). There are 134 cement production plants and 1,350 mixers. Argo’s cement production capacity in Colombia is only 1.7 million cubic meters per year, with 40 plants and 230 mixers. |
While Colombia is Argos largest cement producer, the United States is where Argos has its largest concrete production capacity (8.9 million cubic meters per year). There are 134 cement production plants and 1,350 mixers. Argo’s cement production capacity in Colombia is only 1.7 million cubic meters per year, with 40 plants and 230 mixers. |
||
==Company History== |
==Company History== |
||
| Line 39: | Line 39: | ||
Argos was founded in Medellín, Colombia on February 27th, 1934, by Claudino Arango Jaramillo, Rafael and Jorge Arango Carrasquilla, Carlos Sevillano Gómez, Leopoldo Arango Ceballos and Carlos Ochoa Velez. In 1936, the factory began production and it issued its first dividend in 1938. After its association with Cementos del Nare, Argos began creating companies in various western regions of Colombia: Cementos del Valle in 1938, del Caribe in 1944, el Cairo in 1946, de Caldas in 19555, Tolcemento in 1972, Colclinker in 1974, and Cementos Ríoclaro in 1982. In the 1990s, Argo purchased stock participation in Cementos Paz del Rio. |
Argos was founded in Medellín, Colombia on February 27th, 1934, by Claudino Arango Jaramillo, Rafael and Jorge Arango Carrasquilla, Carlos Sevillano Gómez, Leopoldo Arango Ceballos and Carlos Ochoa Velez. In 1936, the factory began production and it issued its first dividend in 1938. After its association with Cementos del Nare, Argos began creating companies in various western regions of Colombia: Cementos del Valle in 1938, del Caribe in 1944, el Cairo in 1946, de Caldas in 19555, Tolcemento in 1972, Colclinker in 1974, and Cementos Ríoclaro in 1982. In the 1990s, Argo purchased stock participation in Cementos Paz del Rio. |
||
Argos purchased Corporación de Cemento Andino in Venezuela, in 1998. Subsequently Argo established alliances to make investments in the Dominican Republic, Panama and Haiti. In 2005, Argo merged all of its cement producing companies in Colombia and purchased Southern Star Concrete and Concrete Express in the U.S. The following year, it purchased Ready Mixed Concrete Company in the US and merged its concrete producing companies in Colombia and then purchased the cement and concrete assets of Cementos Andino and Concrecem in Colombia. |
Argos purchased Corporación de Cemento Andino in Venezuela, in 1998. Subsequently Argo established alliances to make investments in the Dominican Republic, Panama and Haiti. In 2005, Argo merged all of its cement producing companies in Colombia and purchased Southern Star Concrete and Concrete Express in the U.S. The following year, it purchased Ready Mixed Concrete Company in the US and merged its concrete producing companies in Colombia and then purchased the cement and concrete assets of Cementos Andino and Concrecem in Colombia. |
||
Revision as of 18:51, 14 August 2008
| File:Argos.PNG | |
| Company type | Public |
|---|---|
| Industry | Construction |
| Founded | October 1936 |
| Headquarters | Medellin , Colombia |
Area served |  Colombia  Panama  United States  Haiti  Dominican Republic  Venezuela  Puerto Rico |
Key people | Jose Alberto Velez |
| Products | cement, lime and concrete |
| US $3,430 billion (2006) | |
| US $1,800 billion (2006) | |
| Owner | Grupo Empresarial Antioqueño |
Number of employees | 10,000 |
| Parent | Inversiones Argos |
| Subsidiaries | Cementos del Caribe Southern Star Concrete, Inc. Ready Mixed Concrete Concrete Express |
| Website | www.argos.com.co |
Argos is a leader in the Colombian cement industry, with 51 percent of market participation; it is the fourth largest cement producer in Latin America, and the only producer of white cement in Colombia. Argos has investments in Panama, Haiti and the Dominican Republic. It is the sixth largest concrete producer in the United States and it also exports cement and clinker to 27 countries around the world.
Argos has four ports in the U.S. and four in Colombia as well as two in Venezuela, one in Panama, on in the Dominican Republic and one in Haiti. In Colombia, Argos is the largest transporter of land cargo. Argos has 14 cement producing plants, of which 11 are located in Colombia and the rest are in Panama, the Dominican Republic and Haiti. Four of the 11 Colombian plants are located in the northern area of Colombia and are dedicated to exportation, while for domestic demand there are 7 plants located in the Departments of Antioquia, Cundinamarca, Valle, Boyacá, and Santander.
While Colombia is Argos largest cement producer, the United States is where Argos has its largest concrete production capacity (8.9 million cubic meters per year). There are 134 cement production plants and 1,350 mixers. Argo’s cement production capacity in Colombia is only 1.7 million cubic meters per year, with 40 plants and 230 mixers.
Company History
Argos was founded in Medellín, Colombia on February 27th, 1934, by Claudino Arango Jaramillo, Rafael and Jorge Arango Carrasquilla, Carlos Sevillano Gómez, Leopoldo Arango Ceballos and Carlos Ochoa Velez. In 1936, the factory began production and it issued its first dividend in 1938. After its association with Cementos del Nare, Argos began creating companies in various western regions of Colombia: Cementos del Valle in 1938, del Caribe in 1944, el Cairo in 1946, de Caldas in 19555, Tolcemento in 1972, Colclinker in 1974, and Cementos Ríoclaro in 1982. In the 1990s, Argo purchased stock participation in Cementos Paz del Rio.
Argos purchased Corporación de Cemento Andino in Venezuela, in 1998. Subsequently Argo established alliances to make investments in the Dominican Republic, Panama and Haiti. In 2005, Argo merged all of its cement producing companies in Colombia and purchased Southern Star Concrete and Concrete Express in the U.S. The following year, it purchased Ready Mixed Concrete Company in the US and merged its concrete producing companies in Colombia and then purchased the cement and concrete assets of Cementos Andino and Concrecem in Colombia.
 | This Colombia-related article is a stub. You can help Wikipedia by expanding it. |