Martin Marietta Materials Inc. has completed its previously announced acquisition of 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from affiliates of Blue Water Industries LLC (BWI Southeast) for $2.05 billion in cash. This portfolio-optimizing transaction improves the company’s product mix, margin profile and durability through economic cycles by adding another pure aggregates business to…
Read MoreTag: Blue Water Industries
Martin Marietta Celebrates 30 Years of Providing Value
Martin Marietta – recognizing its 30th anniversary as a publicly traded company – has released a brief video, “Martin Marietta: A History in Stone.“ Martin Marietta teams across North America are expected to celebrate the company’s 30th Anniversary throughout the year, including during a companywide Town Hall in July. After splitting from its aerospace cousin, Lockheed Martin, Martin Marietta became…
Read MoreMartin Marietta Acquires BWI Southeast Assets
Martin Marietta announced that on Feb. 11, it entered into a definitive agreement to acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from affiliates of Blue Water Industries LLC (BWI Southeast) for $2.05 billion in cash.
Read MoreOptimizing Feed, Flow & Throughput
Heavy-Duty Vibrating Screens and Feeders Deliver Top Performance In Multi-Plant Upgrades. By Carol Wasson When Blue Water Industries expanded its market reach with the 2018 acquisition of five limestone quarries throughout Tennessee, its primary goal was maximizing efficiency and production capacities via a multitude of strategic plant upgrades. As such, Blue Water Area Manager Randy Dies sought out “beefy” components,…
Read MoreVulcan Quarries in Tennessee Now Part of Blue Water Identified
Seventeen Tennessee quarries sold by Vulcan Materials to satisfy federal regulators are now part of Blue Water Industries. The $290 million sale, which closed in December 2017, completed Vulcan’s acquisition of Alabama-based Aggregates USA.
Read MoreVulcan, DOJ Reach Agreement on Aggregates USA 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.
Read More