On its own, the U.S. division will be the “leading pure-play North American building solutions company,” its parent company claimed. Here’s how it works: As of this writing, Holcim had a market capitalization of roughly CHF 39 billion ($45 billion). Thanks to American growth and protectionism, it once again pays to be made and listed in the United States. If Holcim becomes a textbook case of increasing shareholder value in the 21st century, though, the end of globalization may be nearer than we previously thought. LinkedIn senior economist Kory Kantenga suggests that economic headwinds are hitting sectors more friendly to remote work, like tech and finance.

Source: Forbes January 30, 2024 14:43 UTC