Jim Mintern on infrastructure

About Jim Mintern

Jim Mintern, CEO of CRH, has discussed the company’s strategic shift to list its primary shares on the New York Stock Exchange, noting that since the announcement the share price has risen over 140% and daily trading volume in New York is over 40% higher than it was in London. He stated that 75% of CRH’s business is in the U.S. and described the company as the “number one infrastructure play” in the country, with 90% of revenue coming from public-sector customers, which he characterized as a stable, recurring revenue stream similar to an annuity. Mintern said that only about 40% of current infrastructure funding has been deployed, placing the company in a “ramp-up phase” looking into 2026 and beyond. Mintern also highlighted growth opportunities in water infrastructure, where he said CRH is the largest player in the U.S., and in residential construction, which he described as an “affordability issue” tied to 30-year fixed mortgage rates. He said that interest rate cuts beginning with a “five” would help spur new home building. On the materials supply side, Mintern noted that the U.S. has a structural deficit for cementitious materials, importing about 25% of annual cement requirements, and that this deficit is increasing as the economy grows. He attributed CRH’s ability to innovate to its European operations, which he said drive regulation-forced innovation that can be scaled in the U.S.

Profile compiled from Jim Mintern's verified public interviews and appearances. See all quotes & transcripts →