Martin Marietta Materials Inc. appointed Thomas (Tom) H. Pike as an independent member to its board of directors, effective July 15. With Pike’s appointment, the Martin Marietta board is comprised of 10 directors, five of whom have joined since 2016. Pike will serve on Martin Marietta’s Management Development and Compensation Committee.
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FIRST LOOK – JUNE 2019
TOP NEWS Vulcan Stays Hot Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $996.5 million, compared to $854.5 million in the first quarter of 2018. First quarter aggregates segment gross profit increased 25% to $186 million, or $4.07 per ton. Summit Aggregates Revenues Up Aggregates net revenues increased by 30.3% to $87.9 million in the first quarter…
Read MorePERMITTING – APRIL 2019
Martin Marietta Proposes Land Swap According to The Arvada, Jefferson County, Colo., Open Space recently received a proposal from Martin Marietta Materials — which owns Heritage Square, the former site of a Victorian theme park shopping village in Golden, Colo. — about a land exchange. The proposal has three components. First, Open Space would receive 83.7 acres from Martin Marietta. This…
Read MoreMartin Marietta’s Outlook
April 30, 2019 – Martin Marietta Materials just released its first quarter report, with record results. How do they see things going for the remainder of this year? Glad you asked. In its report, it states: “Infrastructure construction, particularly for aggregates-intensive highways and streets, should benefit from recent accelerations in state lettings and contract awards in key Martin Marietta states, continued…
Read MoreMartin Marietta Achieves Record First-Quarter Results
Martin Marietta Materials Inc. reported record results for the first quarter ended March 31, 2019. Total revenues were $939 million versus $802 million in the first quarter of 2018.
Read MoreLloyd Joins Insteel’s Board
Insteel Industries Inc. announced that Anne H. Lloyd has been appointed to its board of directors effective April 16. Lloyd will be replacing Charles B. Newsome, who retired from the company effective Feb. 12. Lloyd previously served as executive vice president and chief financial officer of Martin Marietta Materials from 2005 until her retirement in 2017. She joined Martin Marietta in 1998…
Read MoreFIRST LOOK – MARCH 2019
TOP NEWS AGG1 More than 10,000 people attended the 2019 AGG1 Academy & Expo and World of Asphalt shows. Rain, sleet, snow and high winds couldn’t prevent record-setting attendance numbers Martin Marietta Materials Martin Marietta Materials Inc. reported record results for the fourth quarter and year ended Dec. 31, 2018. The company is reporting total revenues of $1,020,218 for the…
Read MoreMartin Marietta Touts Record 2018 Results
Martin Marietta Materials Inc. reported record results for the fourth quarter and year ended Dec. 31, 2018. The company is reporting total revenues of $1,020,218 for the fourth quarter, and $4,244,265 for the year.
Read MoreLafargeHolcim Appoints Moreau CEO
LafargeHolcim in the United States announced the appointment of Jay M. Moreau as chief executive officer of U.S. aggregates and construction materials operations. “Moreau brings significant experience in the construction materials industry which will ensure the growth and success of our business in the United States,” the company said. “Jay has a proven track record in this industry, and his…
Read MoreMissouri Limestone Producers Honor Stamper Mine
During the Missouri Limestone Producers Association (MLPA) annual convention, Martin Marietta was honored for its work on safety at their its Stamper Mine, located just north of Kansas City, Mo.
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