Cementos Argos | Medellin, Colombia

Cementos Argos | Medellin, Colombia – U.S. revenue dropped by 9% in 2008, mirroring the 9% drop in concrete sales. Meanwhile, the company saw a 69% increase in its Latin American business. Argos’ Ready Mixed Concrete Co., which operates in the Carolinas, Georgia, and Virginia, had a 32% drop in revenue compared to 2007. Business in Texas and Arkansas through Southern Star Concrete had their revenue increase 2.4%. Argos bought Santee Redi-Mix in South Carolina, and Consort Concrete in Houston for $20 million. www.argos.com.com