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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 9, 1997
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TEXAS INDUSTRIES, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-4887 75-0832210
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
1341 W. Mockingbird Lane, Suite 700W, Dallas, Texas 75247
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 647-6700
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On September 9, 1997, the Registrant announced it had reached
agreement to purchase Riverside Cement Company, a cement manufacturing and
distribution company located in California, from Ssangyong Cement Industrial
Co., Ltd., Seoul, Korea. The purchase is expected to be completed prior to
January 1998.
ITEM 7. EXHIBITS.
Exhibit 5.1 "TXI to Purchase Riverside Cement Company"
Press Release (Dallas, Texas - September 9, 1997)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TEXAS INDUSTRIES, INC.
Date: September 15, 1997 By: /s/ ROBERT C. MOORE
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Robert C. Moore
Vice President & Secretary
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INDEX TO EXHIBITS
Exhibit
Number Description
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5.1 "TXI to Purchase Riverside Cement Company"
Press Release (Dallas, Texas - September 9,
1997)
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EXHIBIT 5.1
[TXI LETTERHEAD]
TXI TO PURCHASE
RIVERSIDE CEMENT COMPANY
(Dallas, Texas - September 9, 1997) Texas Industries, Inc. (NYSE-TXI) today
announced that it has reached agreement to purchase Riverside Cement Company
from Ssangyong Cement Industrial Co., Ltd., Seoul, Korea. Riverside owns and
operates cement plants in Crestmore and Oro Grande, California and has
distribution terminals in the northern and southern parts of the state. The
agreement is subject to certain conditions which are expected to be satisfied.
The purchase is expected to be completed prior to January 1998.
Company Profile
TXI is a growth company that achieves superior financial performance through
market leadership, technological excellence, innovation and low cost
manufacturing.
We operate two principal business units: TXI is the largest producer of cement
in Texas and a major supplier of aggregate and concrete products there and in
Louisiana and California. Through Chaparral Steel, TXI is a significant
producer of structural and bar steel products for the North American
construction and specialty steel markets. In addition, TXI is a leading North
American recycling company.
TXI shares are traded on the New York Stock Exchange under the symbol "TXI."
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