Michigan-based Holnam Inc., which operates a cement manufacturing facility in Croydon, Morgan County, has changed its name to Holcim (US) Inc.
The company said the change would align it with its Swiss-based corporate parent, originally Holderbank Financiere Glaris Ltd., which changed its name to Holcim Ltd. this year.
"Holcim" combines "hol" from the Holderbank name and "cim" from "cimint," the French word for cement and the company's core product.
Holcim (US) has 15 manufacturing plants and more than 70 distribution facilities in the United States. It has about 2,500 employees and supplies nearly 15 million metric tons of cement and related materials each year. Revenues in 2000 were about $1.2 billion.
The Holcim group has more than 45,000 workers worldwide.