US Stock Market Move | Titan America (TTAM.US) debuted on the US stock market with a slight increase in the opening stock price.
08/02/2025
GMT Eight
On Friday, Titan America (TTAM.US) made its debut on the US stock market, with the opening stock price inching up by 0.3% to $16.04. The IPO price was $16. Titan America is a leading vertically integrated, multi-regional heavy building materials and services manufacturer and supplier, primarily operating on the East Coast of the United States. Its services cover core markets such as Florida, the New York-New Jersey metropolitan area, Virginia, North Carolina, and South Carolina.
The company's manufacturing, logistics, and customer support network include cement and supplementary cementitious materials, aggregates, ready-mix concrete, concrete blocks, and other complementary products. Titan America owns over 100 facilities, including some of the largest cement plants in key markets, import terminals, quarries, ready-mix concrete plants, fly ash processing facilities, and concrete block production lines.
Currently, Titan America's cement plants can produce approximately 3.8 million tons of cement per year, supported by a mining network for raw material supply. As of May 1, 2024, the company's total mining reserves reached 474 million tons, ensuring its long-term stable production supply.