CRH sees big U.S. infrastructure boost regardless of Trump plans

Building materials group CRH expects to benefit from an increase in infrastructure spending in the United States even without president-elect Donald Trump’s plans for a major boost, its chief executive said on Thursday. CRH is the United States’ biggest producer of asphalt for highway construction and third biggest supplier of readymixed concrete and construction aggregates, and the region accounts for more than half of its total earnings. Trump, who last week defeated Democrat rival Hillary Clinton in the U.S. presidential election, wants to introduce a $1 trillion package of infrastructure spending to boost the economy, relying on private sector investment.

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