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Jim Mintern

Chief Executive Officer & Director, Crh

Search every verified Jim Mintern interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jim Mintern, Chief Executive Officer of CRH, discussed the company's operations and market position in an interview with CNBC's Jim Cramer at CRH's Mount Hope quarry in New Jersey. He described CRH as the largest producer of aggregates in the U.S., with about 800 aggregate facilities and production of approximately 230 million tons annually, and stated the company owns about 24 billion tons of rock in the U.S. Mintern also noted CRH is the largest paver of roads in the country, paving as much as the next five competitors combined, and highlighted the company's connected portfolio, which extends into water and energy infrastructure. He mentioned that CRH has about 2,000 locations and 50,000 employees across the U.S., and is within 25 miles of nearly 90% of all data centers built in the country, including involvement in a major semiconductor plant project in Ohio. Mintern also addressed the Arcosa deal, describing it as "straight down the middle of the fairway," adding 35 million tons of aggregates and expanding CRH into new high-growth markets in Dallas and Phoenix. He noted that the U.S. aggregates industry remains fragmented, with the top 10 owners accounting for only about 30% of total production. The interview took place ahead of CRH's scheduled earnings report on August 30, with Cramer noting the stock had risen over 80% since its NYSE listing nearly three years ago but had declined about 18% in the current year due to higher oil prices and interest rates affecting the building materials sector.

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