Cementos Argos has appointed Jason Teter as CEO of Argos Materials, the new company through which the organization is deploying its construction materials strategy in the United States.
The multinational construction materials company says the move marks a new milestone in its long and successful presence in the US market.
Argos Materials was established as the platform from which Cementos Argos will consolidate and scale its presence in the US with an initial focus on developing a regional offering of high-value aggregates.
The new company will be integrated into a strategic logistics and port network in the Caribbean and Central America, which Argos expects will generate approximately US$200m in EBITDA by 2030, under a low capital-intensity business model.
Jason Teter has extensive experience in the US construction materials industry. Throughout his career, he has held senior leadership positions at leading companies in the sector, including Vulcan Materials, where he spent nearly ten years and was a member of the Vulcan leadership team, and Lafarge USA.
In these roles, he led significant transactions and operations in the aggregates markets of the southeastern United States, combining operational excellence, disciplined growth, and a strong commercial focus.
Argos’ strategy in the United States is anchored in the development of a regional aggregates’ platform that, based on strategic sources in the Caribbean and Central America, will enable the commercialization of materials in key markets across the Gulf Coast and the southeastern United States.
This will be complemented by domestic aggregates operations, with the objective of delivering a differentiated offering of high-quality products, value-added solutions, and a high level of customer service, building on the technical and reputational legacy that Argos has developed over decades through landmark projects in the United States.
Juan Esteban Calle, Cementos Argos’ CEO, stated: “Jason Teter’s appointment represents a key step in our growth strategy in the United States. His deep knowledge of the aggregates business, industry reputation, proven leadership, and experience in our target markets strengthen our ability to build a high-value platform aligned with our long-term vision.”
Teter added: “It is an honor to assume the role of CEO of Argos Materials at such a relevant moment for the company. Cementos Argos has a clear vision, a strong culture, strategic assets, and an exceptional team. I am excited to build a world-class team to lead this new phase and contribute to creating a differentiated platform that delivers high-quality, high-impact solutions for our customers in the United States.”
