Albert Manifold

Advisor, Crh

Search every verified Albert Manifold interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Albert Manifold, CEO of CRH, discussed the company's transition from the London Stock Exchange to the New York Stock Exchange in February 2024)Skip. He stated that CRH is the largest building materials business in the United States, with about 75 percent of its profitability generated in the country, and described the move as a "natural progression." Manifold said the company is well positioned to benefit from U.S. infrastructure spending, which he characterized as a "generational shift" and the largest since the 1930s. He also cited a trend of reshoring and reindustrialization in the U.S., including manufacturing for semiconductors, pharmaceuticals, and electric vehicles, as driving new construction demand. Manifold also commented on a $2.1 billion acquisition of a concrete and ready-mixed cement business from Martin Marietta, noting that Texas is CRH's largest U.S. state by sales. He described the current period as a "once in a generation growth cycle" for infrastructure investment, supported by legislation such as the Infrastructure Investment and Jobs Act and the CHIPS Act. Manifold said the company is investing in high-growth areas and using technology to manufacture construction components in controlled environments, which he stated requires less labor and produces higher quality, more resilient results.