Martin Marietta Scores Record Sales, Profits and Earnings

Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2016. The company set new records for consolidated net sales, gross profit and net earnings, even as aggregates product line shipments to the infrastructure market, which comprised 42 percent of quarterly volumes, decreased 7.2 percent. Infrastructure shipments in the third quarter were impacted by significant rainfall and…

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Vulcan Materials Reports Strong Growth

Vulcan Materials Co. announced results for the third quarter ending Sept. 30, 2014. The company is reporting that total revenues increased $60 million, or 7 percent and gross profit increased $50 million, or 31 percent, while aggregates freight-adjusted revenues increased $66 million, or 14 percent. Average sales price increased 2 percent. Asphalt, concrete and cement segments gross profit improved $12…

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Positive Momentum for Nonresidential Construction

Nonresidential fixed investment grew 5.5 percent in the third quarter after expanding 9.7 percent in the second quarter, according to the Bureau of Economic Analysis’ Oct. 30 gross domestic product (GDP) report. It has now expanded by greater than 5 percent in four of the past five quarters. In addition, investment in equipment increased 7.2 percent, while investment in nonresidential…

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Caterpillar Reports Improved Third-Quarter Results

Caterpillar Inc. announced profit per share of $1.63 for the third quarter of 2014, an increase from third-quarter 2013 profit per share of $1.45. The third quarter of 2014 included a negative impact of $0.09 per share for restructuring costs. Excluding restructuring costs, third-quarter 2014 profit per share was $1.72. Third-quarter 2014 sales and revenues were $13.549 billion, up from…

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