The Aggregates Industry’s Publicly Traded Companies Reported First-Quarter Results.
Read MoreTag: Martin Marietta Materials
Martin 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…
Read MoreFIRST 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,…
Read MoreMartin Marietta Acquires Control of Rock & Rail
On Oct. 9, Martin Marietta Materials Inc. filed a verified notice of exemption to acquire control of Rock & Rail Inc. (RRI), a Class III railroad. On Oct. 23, notice of the exemption was served and published in the Federal Register. The exemption became effective Nov. 8.
Read MorePositive Signals for the Future
Shortly after I completed my August issue editorial, the Senate passed its version of the highway bill. As we wait for the House to finalize its version of the bill, then contemplate the mysteries of the universe while they try to reconcile the two bills, here are a few interesting construction-economy items.
Read MoreFirst Look – September 2015
TOP NEWS Vulcan Reports Q2 Gains Vulcan Materials Co. announced results for the second quarter ending June 30, 2015. The company is reporting that total revenues increased $104 million, or 13 percent, to $895 million. Summit Materials Makes Acquisition Summit Materials Inc. has completed the acquisition of LeGrand Johnson Construction Co., a vertically integrated construction materials company. Martin Marietta Sales…
Read MoreRecord Rainfall Dampens Martin Marietta’s Q2 Results
Martin Marietta Materials Inc. announced its results for the second quarter ended June 30, 2015. The company is reporting consolidated net sales of $850.2 million compared with $601.9 million a year earlier, an increase of 41 percent. The company is also framing its results as “record net sales and operating earnings, despite the record rainfall experienced in its market areas.”
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