 | |
| Company type | Cooperative |
|---|---|
| Founded | 1881 (in Jasso, Hidalgo) |
| Founder | Henry Gibbon |
| Headquarters | Mexico City, Mexico |
Area served | Worldwide |
| Products | Cement Ready-mix concrete Construction aggregates |
| Website | cementocruzazul.com.mx |
Cooperativa La Cruz Azul, S.C.L. is a cement company in Mexico. It was founded in 1881 by a British businessman named Henry Gibbon.[1]
On 22 May 1927, the company's workers organized the Club Deportivo Cruz Azul football club as a company team, which has gone on to become one of the most famous association football teams in Mexico, winning several national and international titles.[2] The football team's association leads to the nickname of La Máquina Cementera or the cement locomotive. Along with Coca-Cola and Bimbo bread, Cemento Cruz Azul are among the most frequent emblems on Mexican football jerseys.
With the creation of the North American Free Trade Agreement (NAFTA) in 1994, the company enjoyed the benefits of being able to transport across North America. It is now a well known cement company internationally.
Cooperativa La Cruz Azul has faced stiff competition from Mexico's other leading cement producer, Cemex, a company which has gone on to set foot on other countries, such as Puerto Rico (Cemex Puerto Rico),[3] the United States and the United Kingdom.
- ^ "Historias de cooperativismo en México | Instituto Nacional de la Economía Social | Gobierno | gob.mx".
- ^ "CA - Nuestra pasión - Historia". www.cruzazul.com.mx. Archived from the original on 2 March 2017. Retrieved 12 January 2022.
- ^ "CEMEX de Puerto Rico Inc - Company Profile and News". Bloomberg News.