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MSHA Reports Machinery Fatality
The Mine Safety and Health Administration (MSHA) reported that on Aug. 21, a truck driver at Martin Marietta Materials’ Moore Quarry, Pocahontas, Iowa, sustained fatal head injuries while he was deploying the automatic tarp on his fifth-wheel side-dump trailer.
Read MoreFormer 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.
Read MoreMartin 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…
Read MoreMartin Marietta Aggregates Shipments Down; Pricing Up
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30. The company achieved third-quarter gross profit of $405 million; record year-to-date gross profit of $927 million; and established new quarterly records for consolidated and aggregates gross margin.
Read MorePublicly Traded Companies
The Aggregates Industry’s Publicly Traded Companies Reported First-Quarter Results.
Read MoreMartin Marietta Surges to Record Third-Quarter Results
Martin Marietta Materials Inc. reported record results for the third quarter ended Sept. 30. The company is reporting total revenues of just over $1.2 billion versus just under $1.1 billion for the year-ago period.
Read MoreWatson Joins Summit Materials
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…
Read MoreMartin Marietta Third Quarter Stymied by Hurricanes
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2017. The company is reporting versus the prior-year period:
Read MoreFirst 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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