Cemex

Courtesy of Cemex

    Until the mid-1990s, Mexican cement company Cemex mostly sold building materials to big contractors. When an economic crisis decimated sales, it overhauled that business model—finding a new market in Mexico’s urban working class. In exchange for fixed, regular payments, Cemex began sending building materials and technical support to do-it-yourselfers, enabling many to own their own homes for the first time. Today nearly a half-million families across Latin America have built Cemex-supplied homes at one-third the time and cost.

    Company Info

    SectorIndustrials
    IndustryConstruction Materials
    CountryMexico
    Revenues ($ millions)15,783
    Company typePublic
    CEOFernando Ángel González Olivieri
    Websitewww.cemex.com
    Impact SegmentEconomic Opportunity/Financial Inclusion

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