TOP NEWS Vulcan Achieves First-Quarter Success Vulcan Materials Co. announced that first-quarter earnings from continuing operations increased 23 percent year-over-year to $53 million on a 9 percent increase in total revenues. Summit Materials Reports Revenue Increase Summit Materials Inc. announced that net revenue increased by 11.9 percent to $289.9 million in the first quarter 2018, versus $259.0 million in the…
Read MoreCategory: First Look
FIRST LOOK – May 2018
TOP NEWS Wirtgen Group Hosts Technology Days Wirtgen Group hosted 1,200 customers, dealers and members of the trade press, including Rock Products’ Associate Editor Josephine Patterson, in Nashville for its Technology Days North America 2018. Sunroc Acquires Arrowhead Concrete Sunroc Corp., a construction services company serving southwest Wyoming, has closed the purchase of Rock Springs-based concrete company Arrowhead Concrete. The acquisition…
Read MoreFIRST LOOK – APRIL 2018
TOP NEWS AGG1 Show a Success The 2018 AGG1 Academy & Expo, co-located with the World of Asphalt, concluded a successful run, March 6-8, with a very positive atmosphere, as attendees and exhibitors conducted business and discussed issues affecting future growth GCAA Event a Hit The Georgia Construction Aggregate Association recently held its annual Management Workshop at the Cobb Galleria…
Read MoreFIRST LOOK – MARCH 2018
TOP NEWS Martin Marietta Roars Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016. Trump’s Plan President Trump released his long-awaited infrastructure plan, which states his administration’s…
Read MoreFIRST LOOK – FEBRUARY 2018
TOP NEWS Vulcan to Complete Acquisition Vulcan Materials Co. has reached an agreement with the Department of Justice (DOJ) that will allow it to complete its $900 million acquisition of Aggregates USA LLC. Shuster to Call It Quits House Transportation Committee Chairman Bill Shuster (R-Pa.) announced that he’s stepping down at the end of his term. Shuster has long been an advocate…
Read MoreFIRST LOOK – JANUARY 2018
TOP NEWS National Miners Day Celebrated Dec. 6 was National Miners Day, a day designated by Congress to honor the contributions and sacrifices of miners both past and present. Cemex’s Balcones Quarry Hosts Quarry Academy Cemex USA hosted dozens of aggregates industry experts at its Balcones Quarry in New Braunfels, Texas, to help highlight best practices to improve process efficiency.…
Read MoreFIRST LOOK – DECEMBER 2017
Martin Marietta Dips in Third Quarter Third-quarter 2017 total revenues for the Building Materials business, which includes the aggregates, cement, ready mixed concrete, and asphalt and paving product lines, were $1.024 billion, down slightly from $1.039 billion. Summit Materials Rises in Third Quarter Organic aggregates sales volumes increased 2.6 percent in the third quarter 2017, due mainly to increased demand in north…
Read MoreFIRST LOOK – NOVEMBER 2017
TOP NEWS Chaney Enterprises Now Offers Limestone Via Rail Chaney Enterprises announced it will now offer limestone to its customers transported by a new railway just completed at the company’s plant in Waldorf, Md. U.S. Concrete to Buy Polaris U.S. Concrete Inc. announced that it has entered into an arrangement agreement with Vancouver, Canada-based Polaris Materials Corp. pursuant to which…
Read MoreFirst Look – October 2017
TOP NEWS Western Rock Products Celebrates 50 Years of Service Western Rock Products is celebrating 50 years of construction service in southern and southwestern Utah and surrounding areas. CRH to Acquire Ash Grove Cement Ash Grove Cement Co. announced that it has entered into a definitive merger agreement with CRH plc, under which CRH plc will acquire Ash Grove in…
Read MoreFIRST LOOK – SEPTEMBER 2017
TOP NEWS Vulcan Materials Acquires Polaris Vulcan Materials Co. reached a definitive agreement to acquire Polaris Materials Corp., an aggregates and logistics company that serves key California markets from strategically situated operations in British Columbia, Canada. ACG Materials Acquires Diamond Gypsum H.I.G. Capital announced that ACG Materials has acquired Diamond Gypsum Co. Located in Watonga, Okla., Diamond Gypsum is a leading…
Read More