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James Hardie Industries

#1226

Rank

$15.33B

Marketcap

IE Ireland

Country

James Hardie Industries
Leadership team

Mr. Jason Miele BA (Chief Financial Officer)

Mr. Ryan Kilcullen B.Sc., BSc, M.Sc., MS (Exec. VP of Global Operations)

Mr. Joseph C. Blasko BSFS, J.D. (Gen. Counsel, Chief Compliance Officer & Company Sec.)

Products/ Services
Construction, Manufacturing
Headquarters
Dublin, Dublin, Ireland
Established
1888
Company Registration
SEC CIK number: 0001159152
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
JHX
Social Media
Overview
Location
Summary
James Hardie Industries plc, together with its subsidiaries, manufactures and sells fiber cement, fiber gypsum, and cement bonded building products for interior and exterior building construction applications primarily in the United States, Australia, Europe, New Zealand, the Philippines, and Canada. The company operates through three segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. It offers fiber cement interior linings, exterior siding products, and related accessories; and various fiber cement building materials for a range of applications, including external siding, internal walls, floors, ceilings, soffits, trim, fences, and facades. The company also provides fiber gypsum and cement-bonded boards for applications, such as timber frame construction, dry lining, DIY, and structural fire protection. Its products are used in various markets comprising new residential construction and commercial construction markets. James Hardie Industries plc was founded in 1888 and is based in Dublin, Ireland.
History

James Hardie emigrated to Australia in 1888 from Linlithgow, Scotland, and established a business importing oils and animal hides. Andrew Reid, also from Linlithgow, came to join Hardie in Melbourne, and became a full partner in 1895. When Hardie retired in 1911, he sold his half of the business to Reid.The company was listed on the Sydney Stock Exchange in 1951. At the time, the company manufactured products out of asbestos cement sheet and other related building material. By the middle of the twentieth century, James Hardie had become the largest manufacturer and distributor of building products, insulation, pipes and brake linings containing asbestos. In Australia, it operated asbestos plants in New South Wales, Queensland, South Australia, Victoria and Western Australia. Working with the products containing asbestos – including asbestos cement – caused people to develop various pleural abnormalities such as asbestosis and malignant mesothelioma. In 1961, it merged its brake lining division with Turner & Newall's Ferodo, taking a 60% shareholding in Hardie-Ferodo. It purchased the remaining 40% in August 1980.By the mid 1980s, James Hardie invented the modern day asbestos-free fibre cement material and had transitioned production entirely to fibre cement, a product consisting largely of Portland cement, sand, and wood fibres.In December 2001, the company relocated its headquarters to the Netherlands. While the move to the Netherlands resulted in tax savings of $86 million over seven years, in 2009 the Australian Taxation Office issued an amended assessment for $172 million plus interest and penalties. James Hardie successfully appealed the assessment. Also in 2009, the US Internal Revenue Service alleged that James Hardie had not been in compliance with the US-Dutch treaty since it had been implemented in 2006 and claimed $US37 million in unpaid taxes plus $US10 million in interest and penalties.In 2010 James Hardie moved its corporate domicile to Ireland.James Hardie currently operates a corporate office in Chicago, Illinois, United States and operates more than a dozen manufacturing plants around the world.

Mission
To aggressively pursue organic growth through a differentiated position in the building products industry.
Vision
To be the global leader in the building products industry, responding quickly and responsibly to the needs of customers and providing innovative solutions that endure.
Key Team

Mr. Sean Gadd B.E., BEng, M.B.A., MBA (Pres of North America)

Mr. Sami Rahman (Head of Product Management)

Dr. Joe Liu (Chief Technology Officer)

Mr. Marc Setty (Head of Marketing ? North America)

Mr. James Brennan-Chong (Director of Investor Relations & Market Intelligence)

Mr. James Johnson II (VP & Chief Information Officer)

Mr. Aaron M. Erter (CEO & Exec. Director)

Recognition and Awards
James Hardie has won several awards throughout its history, including the 2017 AIB Excellence in Innovation Award, the 2017 Building Product Innovation Award and the 2018 Australian Sustainable Building Award. The company has also been named as one of Fortune Magazine's '100 Fastest Growing Companies' for the past three years.
References
James Hardie Industries
Leadership team

Mr. Jason Miele BA (Chief Financial Officer)

Mr. Ryan Kilcullen B.Sc., BSc, M.Sc., MS (Exec. VP of Global Operations)

Mr. Joseph C. Blasko BSFS, J.D. (Gen. Counsel, Chief Compliance Officer & Company Sec.)

Products/ Services
Construction, Manufacturing
Headquarters
Dublin, Dublin, Ireland
Established
1888
Company Registration
SEC CIK number: 0001159152
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
JHX
Social Media