FIRST LOOK – AUGUST 2017

TOP NEWS Vulcan Materials Vulcan Materials Co. announced results for the second quarter ended June 30, 2017. Total revenues increased $74 million, or 8 percent, to $1.03 billion. Gross profit was $292 million, in line with the prior year. Net earnings were $120 million and Adjusted EBITDA was $288 million. Martin Marietta Materials Martin Marietta Materials Inc. reported record results for…

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FIRST LOOK – JULY 2017

TOP NEWS Vulcan Materials Makes Two Acquisitions Vulcan Materials Co. acquired Aggregates USA LLC, for $900 million in cash, and Petaluma, Calif.-based Shamrock Materials, a six-decade-old company and one of the largest suppliers of concrete and paving materials to San Francisco’s North Bay area. Deere Acquires Wirtgen Group Deere & Co. signed a definitive agreement to acquire the Wirtgen Group. The…

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FIRST LOOK – JUNE 2017

TOP NEWS Martin Marietta Off to Strong Start in 2017 Martin Marietta Materials Inc. reported strong results for the first quarter ended March 31, 2017. The company achieved record consolidated net sales of $791.7 million, an increase of 7.9 percent compared with $734.0 million in the prior-year’s first quarter. Cemex to Build Aggregates Distribution Terminal Cemex USA announced it is…

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FIRST LOOK – MAY 2017

TOP NEWS Nye Tells Congress to Invest Ward Nye, Martin Marietta chairman, CEO and president, explained to members of the House Natural Resources Subcommittee on Energy and Mineral Resources about the importance of aggregates for infrastructure projects and the negative impact of excessive regulation on efforts to fix the nation’s crumbling infrastructure. BMC Enterprises Expands BMC Enterprises Inc. made three…

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FIRST LOOK – APRIL 2017

Oldcastle Buys Mulzer Mulzer Crushed Stone has been purchased by Oldcastle Materials. Oldcastle also concluded several smaller stone, aggregate and asphalt transactions in Connecticut, Minnesota, Washington and Montreal that complement the company’s South, North, Central and West Divisions, along with CRH Canada. Rock Products Seminar a Success At the recent ConExpo-Con/Agg show in Las Vegas, Rock Products sponsored a very successful…

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FIRST LOOK – MARCH 2017

TOP NEWS Martin Marietta Makes Waves Martin Marietta Materials Inc. reported record results for the fourth quarter and full year 2016. For the fourth quarter of 2016, Martin Marietta achieved net sales of $889.0 million compared with $780.8 million in the 2015 fourth quarter. New Enterprise Buys New Enterprise Stone & Lime Co. Inc. acquired the core assets of Berks…

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FIRST LOOK – FEBRUARY 2017

TOP NEWS Vulcan Acquisition Vulcan Materials Co. signed an asset purchase agreement to acquire Lebanon, Tenn.-based LoJac Holdings Corp.’s asphalt, construction, safety and Monterey operations. Summit Acquisition Summit Materials Inc. entered into definitive agreements to acquire Colorado-based Everist Materials LLC and Arkansas-based Razorback Concrete Co., subject to customary closing conditions. LafargeHolcim Innovation Airium, an innovative new product from LafargeHolcim, is…

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FIRST LOOK – January 2017

TOP NEWS Trump Taps Chao President-elect Donald Trump nominated former Labor Secretary Elaine Chao to head the Transportation Department. Chao is a former U.S. deputy transportation secretary recently resigned from the board of Vulcan Materials Co. Safety First at CalCIMA The California Construction & Industrial Materials Association (CalCIMA) announced the recipients of its 2016 Safety Excellence Awards at its 2016…

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FIRST LOOK – December 2016

TOP NEWS Martin Marietta Sets Records Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter…

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FIRST LOOK – NOVEMBER 2016

TOP NEWS Eagle Flies High Eagle Materials Inc. reported Concrete and Aggregates division revenues for the second quarter of $38.8 million, an increase of 7 percent. Second quarter operating earnings were $4.8 million, a 25 percent improvement from the same quarter a year ago, reflecting improved aggregates sales volumes and improved concrete and aggregates sales prices. Polaris Turns Up the…

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