Jim Cramer met with CRH CEO Jim Mintern at our Mt. Hope quarry in New Jersey to discuss CRH’s leadership position in aggregates and roads, the value of our connected portfolio and the golden age of capital investment in infrastructure.
Watch the full interview below.
Overview: CRH is the leading provider of building materials critical to modernizing infrastructure, with unmatched scale and a connected portfolio across aggregates, cementitious, roads and water.
Interview Setting: CRH’s Mount Hope Quarry in northern New Jersey is a 1,000-acre site, producing approximately 4 million tons of aggregates every year. The quarry has an estimated 120 years of reserves, making it a critical supply source for major infrastructure and construction projects in the New York metropolitan area. Iconic projects include the Mario Cuomo Bridge, LaGuardia Airport, Hudson Yards and Manhattan’s Lower East Side resiliency project.
CRH’s leading materials business: With 24 billion tons of reserves, CRH is the largest aggregates producer in North America. Its connected portfolio is a true differentiator and allows CRH to capture value across multiple stages of the construction supply chain.
CRH’s roads business: As the largest road paver in the U.S., CRH produces more than 50 million tons of asphalt annually, equivalent to the next five largest players combined.
CRH and reindustrialization: CRH is well positioned to benefit from increased capital investment in data centers, semiconductor manufacturing, reshoring initiatives, transport infrastructure, water systems and energy networks. It’s 2,000 U.S. locations and 50,000 employees in the U.S. alone provide broad national coverage, including proximity to a large share of reindustrialization projects.
CRH’s M&A strategy: M&A has been at the center of CRH’s growth strategy for over 50 years. It has completed more than 1,200 acquisitions in its history and is highly experienced in identifying, acquiring and integrating businesses. The $8.5bn deal to acquire Arcosa demonstrates how CRH prioritizes growth investments, deploying capital to strengthen its leadership positions in high-growth markets, and deepening its exposure to key infrastructure megatrends.
Conclusion: As the #1 infrastructure player in the U.S., CRH is uniquely positioned to benefit from the golden age of capital investment. Its four growth platforms – aggregates, cementitious, roads and water – align directly with the major areas where investment is occurring. With a significant pipeline of opportunities, CRH continues to build its connected portfolio to capitalize on these generational growth opportunities.