Materials

Most of Trump's policies will benefit us, but not until 2018 or 2019: US Concrete CEO

US Concrete CEO: Very optimistic on infrastructure funding
VIDEO4:0204:02
US Concrete CEO: Very optimistic on infrastructure funding

U.S. Concrete's president and CEO, Bill Sandbrook, has no shortage of optimism when it comes to President-elect Donald Trump's economic and infrastructure policies, but their true effects may not be seen until well into his term, Sandbrook told CNBC on Monday.

"We're not looking for great effect in 2017," Sandbrook said on "Squawk on the Street." "We would look for 2018 and [20]19 to have tangible benefits with an increased infrastructure spend or increased economic activity."

Still, considering the fact that one of Trump's first campaign promises upon being elected was to boost infrastructure spending, Sandbrook said he's not worried about the chance that those plans don't make it through Congress.

"I'm not losing any sleep," the CEO said. "We don't know exactly what the ultimate level [of spending] is going to be, but we're very, very optimistic that we will see increased funding."

There are other Trump policies that could benefit U.S. Concrete's business too, Sandbrook said. He said that while only 15 percent of the concrete producer's revenue comes from infrastructure projects, more than 60 percent comes from commercial and industrial construction.

"The Trump policies on taxes ... or regulatory reform are going to be just as important or more important for us than the infrastructure part of his platform," Sandbrook said.

And, while infrastructure will likely not be the primary driver of economic growth, Sandbrook said government-driven investment in rebuilding would provide at least a bit of a boost to the economy.

"Take congestion [around our cities], for instance," he said. "Any increase in the ability to move our goods and people to work and to market is going to have a positive economic benefit."

Not to mention repatriation measures, which have worried some more globalized manufacturers but seemed to draw few concerns from the leader of the entirely U.S.-based company.

"Especially with buy American, build American, there will be reinvestment either in hard assets for factories or in trucks and machinery to help our own businesses," Sandbrook said.