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8-K - FORM 8-K FILING DOCUMENT - TEXAS INDUSTRIES INC | document.htm |
EXHIBIT 99.1
TXI Quarterly Dividend Suspended
DALLAS, Oct. 12, 2011 (GLOBE NEWSWIRE) -- In view of continued uncertainty regarding the timing of a recovery in the construction industry, the Board of Directors of Texas Industries, Inc. (NYSE:TXI) today announced the suspension of its quarterly cash dividend, effective immediately.
TXI is the largest producer of cement in Texas and a major cement producer in California. TXI is also a major supplier of construction aggregate, ready-mix concrete and concrete products.
The Texas Industries, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6602
CONTACT: T. Lesley Vines, Jr. Vice President Corporate Controller & Treasurer 972.647.6722 Email: lvines@txi.com