GRUPO ARGOS: Expansion in many sectors makes sense

Having begun and wildly triumphed in the cement industry, Grupo Argos has expanded its business horizons to include energy (Celsia) and later real estate (Situm), port management (Compas) and coal mining (Sator). Cementos Argos is the fifth largest cement manufacturer in Latin America and its subsidiary Argos USA is today the leading concrete company in the southern U.S., says group President José Alberto Vélez. 

“Innovation must be fundamental in business organizations; it must be in their DNA, as it is the only way to keep up”

Perhaps it’s due to Argos’ flair for innovation that the company seems to succeed wherever it goes. Cementos Argos has an innovation vice-presidency that holds as much importance as the sales or finance departments, for example. The innovation department comprises 60 professionals, including nine with PhDs, who focus on product development and environmental concerns.