Holcim has revealed the name of its North American business, which will operate as an independent entity. (PHOTO: Holcim)

The new business, Amrize, will be a 鈥渂uilding solutions company from foundation to rooftop.鈥�

The name Amrize originates from two concepts: ambition and rising.

The company says this represents its commitment to high-performance and innovation and its drive to lead construction forward across North America to shape the essential buildings and infrastructure that advance how people live.

鈥淭his is an exciting time for construction in North America, with the ongoing modernisation of infrastructure, the reshoring of manufacturing, and the opportunity to bridge the housing gap with the most advanced building solutions,鈥� said Jan Jenisch, Chairman of Holcim and designated Chairman and CEO of Amrize.

鈥淲ith our planned spin-off of Amrize, we aim to be the partner of choice for our North American customers and unlock value for all our stakeholders.鈥�

Holcim Group is a Swiss-based multinational company that manufactures building materials. It has a presence in around 60 countries, and employs approximately 60,000 employees.