Concrete Masters, Inc. engaged in ready mix concrete supply and heavy equipment trading through its subsidiary, Icon Equipment. CMI was originally established in 1996 as a major partner in building a new metropolis: the Fort Bonifacio Global City. Four months after the property sites were turned over to CMI, the company established a turnkey pre-mixed concrete company. CMI established its heavy equipment trading division in 2008. In 2013, Concrete Masters, Inc. created ICON Equipment as a fully owned subsidiary to handle all trading, rental and service operations. CMI has a plant in Taguig. The plant is installed with an automated concrete batching plant, concrete mixer trucks and all the necessary equipment to complete operations.