Former Transportation Secretary Joins Martin Marietta Board

Martin Marietta Materials Inc. announced the appointment of Anthony R. Foxx as an independent member to its board of directors, effective Nov. 6. With Foxx’s appointment, the Martin Marietta Board is comprised of 11 directors, 10 of whom are independent and six of whom have joined since 2016. Foxx will serve on Martin Marietta’s Finance Committee.

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Martin Marietta: Aggregates Deep Dive

Oct. 30, 2020 – Martin Marietta’s third-quarter aggregates shipments to the infrastructure and nonresidential end-use markets declined, while shipments to the residential market increased slightly. Aggregates pricing improved 2.7%, or 4.0% on a mix-adjusted basis. Full-year 2020 pricing is expected to increase 3% to 4%. East Group shipments decreased 8.8%, reflecting weather-delayed projects in the Mid-Atlantic and Southeast, anticipated lower infrastructure shipments in portions of North Carolina and…

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Watson Joins Summit Materials

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Summit Materials Inc. announced that effective Jan. 8, 2018, Karl H. Watson Jr. has been appointed executive vice president and chief operating officer, succeeding Douglas C. Rauh. Tom Hill, CEO of Summit, stated, “We are very pleased to have Karl join Summit. I have known him for years and his depth and breadth of experience in our industry will add…

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First Look – September 2016

TOP NEWS IRONDIRECT DEBUTS ONLINE BUYING PLATFORM IronDirect unveiled its brand and business model to the aggregates, mining and construction industries. IronDirect is “a first-of-its-kind platform for buyers of heavy construction equipment and parts,” according to the company, and can “reduce equipment costs by up to 50 percent.” Martin Marietta Sales Surge Martin Marietta Materials Inc. reported results for the…

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FIRST LOOK – JUNE 2016

TOP NEWS Vulcan First-Quarter Revenues Leap 20 Percent Vulcan Materials Co. announced results for the first quarter ending March 31, 2016. The company said its first-quarter results reflect continued strong revenue growth and margin expansion. Martin Marietta Soars to Record Results in First Quarter Martin Marietta Materials Inc. reported results for the first quarter ended March 31, 2016. Ward Nye,…

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