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Construction Equipment Sales Exploded in 2011

Sales of construction equipment by the world’s 50 largest manufacturers grew 25 percent last year to $182 billion, according to the annual Yellow Table survey by KHL Group. This was a record for the industry, surpassing the previous high of $168 billion set in 2008, prior to the global financial crisis.

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Martin Marietta Complies

MMMVMMay 15, 2012 – Martin Marietta Materials, Inc. announced that in accordance with the decision of the Delaware Court of Chancery on May 4, 2012, the Court of Chancery today issued an order implementing its decision which until Sept. 14, 2012, enjoins Martin Marietta from, among other things, pursuing Martin Marietta's exchange offer for shares of Vulcan Materials Company, prosecuting Martin Marietta's proxy contest at Vulcan's 2012 annual meeting of shareholders, and otherwise taking steps to acquire control of Vulcan shares or assets. 

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Net Sales Up for Martin Marietta

mmmMay 7, 2012 – Martin Marietta Materials reported that revenue in the first quarter rose to $394 million from $327.9 million a year ago, as net sales rose 21 percent to $350.5 million.

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Judge Rules in Martin Marietta-Vulcan Case

vulcanMay 5, 2012 – Big news just in from Delaware. A judge has blocked Martin Marietta Materials Inc. from making a hostile bid for Vulcan Materials Co., ruling Martin Marietta violated a confidentiality agreement it had with Vulcan. 

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Baby it's Coal Outside

mclanahanMay 3, 2012 – Blogging live this week from the Coal Prep show in Lexington, Ky. A few years ago this was called Coal and Agg Prep, but the aggregates portion didn't catch on.

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