Eugene McDermott
In 1951, McDermott, along with Cecil Howard Green, Patrick E. Haggerty, and J. Erik Jonsson co-founded Texas Instruments. This was done when the company changed its name to Texas Instruments; GSI becoming a wholly owned subsidiary of the new company. This acknowledged that the company had changed its focus from one primarily devoted to oil exploration to one focused on manufacturing. McDermott was the Chairman of TI from 1951-1957, Chairman of the Executive Committee of Board of Directors from 1957-1964 and Director until his death in 1973. During this period of time, Texas Instruments rose to be one of the world's largest corporations.
TXI
TXI, formerly Texas Industries, was set up in 1946 and now is headquartered in Dallas, Texas. The company is focused on heavy construction materials in the southwestern United States market (e.g. Texas and California). There are mainly three products: cement (Portland, masonry and oil well cements), aggregates, and concrete related products. Until 2012, Texas Industries owned 82 manufacturing facilities in six states.