TOP NEWS Martin Marietta’s Record 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. Luck Stone Expands in Southeast Luck Stone, the crushed stone and aggregates division of Luck Companies, has significantly broadened its footprint into…
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FIRST LOOK – SEPTEMBER 2018
TOP NEWS U.S. Concrete’s Aggregates Revenue Rises Higher U.S. Concrete Inc. reported that consolidated revenue increased 18.6 percent to $404.2 million in this year’s second quarter, an all-time quarterly high. Aggregate products revenue increased 113.1 percent to $48.5 million, an all-time quarterly high. Martin Marietta Climbs to Record Q2 Revenues; Profits Martin Marietta Materials is reporting record revenues, profits and…
Read MoreMartin Marietta Climbs to Record Q2 Revenues; Profits
Martin Marietta Materials is reporting record revenues, profits and diluted earnings per share for its second quarter. The company’s gross revenues climbed to $1.20 billion, up from $1.06 billion in the second quarter of 2017. The company’s gross profit hit $316 million, versus $274 million in the second quarter of 2017.
Read MoreMartin Marietta Acquires Mallard Sand & Gravel
Martin Marietta Materials Inc. has completed the divestitures required pursuant to its agreement with the U.S. Department of Justice (DOJ) to resolve all competition issues with respect to Martin Marietta’s acquisition of Bluegrass Materials Co., which closed on April 27, 2018.
Read MoreTrade Commission Cements CRH, Ash Grove $3.5B Merger
The U.S. Federal Trade Commission (FTC) cleared the path for CRH plc to acquire Overland Park, Kan.-based Ash Grove Cement for $3.5 billion after the company agreed to divest facilities in three states.
Read MoreMartin Marietta Takes First Quarter Hit; Bluegrass Acquisition Moves Forward
Martin Marietta Materials reported results for the first quarter ended March 31, 2018. The company is reporting revenues of $802 million versus $843.9 million in the first quarter of 2017.
Read MoreMartin Marietta Finalizes Bluegrass Acquisition
Martin Marietta Materials Inc. announced that it successfully completed its previously announced acquisition of Bluegrass Materials Co., described as “the largest privately-held, pure-play aggregates company in the United States,” for $1.625 billion in cash.
Read MoreMartin Marietta Still Clearing Bluegrass Hurdles
April 27, 2018 – Martin Marietta Materials Inc. still has a few hurdles to clear with regard to its $1.6 billion purchase of Bluegrass Materials Co. LLC. Under an antitrust settlement the U.S. Department of Justice (DOJ) filed in D.C. federal court, Martin Marietta must divest its Suwanee, Ga., quarry and Bluegrass’ quarry in Hagerstown, Md. The deal must still be…
Read MoreFIRST LOOK – MARCH 2018
TOP NEWS Martin Marietta Roars Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016. Trump’s Plan President Trump released his long-awaited infrastructure plan, which states his administration’s…
Read MoreMartin Marietta Roars to Record Revenues, Profitability, Earnings
Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016.
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