Vulcan Materials Co. announced that Donald M. James, executive chairman of the board of directors, will retire as an employee of the company, effective Jan. 15, 2015, and will transition to non-executive chairman. James (65) served as president of Vulcan Materials from 1996 to 1997 and as chief executive officer from 1997 to 2014. He has served on the company’s…
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Vulcan Announces New Division Leadership
Vulcan Materials Co. announced new division leadership and changes to its organizational structure that it said will further enhance the company’s ability to serve customers and increase profitability while also continuing to capture strategic growth opportunities across its footprint. The new structure, effective Jan. 1, 2015, places key leaders within the organization in seven operating divisions.
Read MoreVulcan Reports Jump in Aggregates Business
Vulcan Materials Co. announced results for the first quarter ending March 31, 2014. The company is reporting that net sales increased $44 million, or 9 percent. Gross profit increased $16 million, or 93 percent. Aggregates segment gross profit improved $14 million, or 55 percent. Shipments increased 6 percent, or 1.8 million tons. Pricing increased 2 percent. Cash gross profit per ton…
Read MoreVulcan Quarry Receives National Recognition
Vulcan Materials Co. announced that its Manassas Quarry in Manassas, Va., has received an Excellence in Community Relations Gold Award from the National Stone, Sand & Gravel Association. This top level national award recognizes a superior level of active involvement with and positive contributions to the facility’s neighboring community.
Read MoreVulcan Concludes Deal
Vulcan Materials Co. announced that it has completed the previously announced sale of the company’s cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million. Under a separate supply agreement, Vulcan will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years.
Read MoreJames Named Recipient of 2014 Wendt Award
The National Stone, Sand & Gravel Association (NSSGA) named Donald M. James, chairman and chief executive officer, Vulcan Materials Co., Birmingham, Ala., and a former chairman of NSSGA, as the recipient of the 17th annual Barry K. Wendt Memorial Commitment Award for his dedication to the construction aggregates industry, his family and his community.
Read MoreVulcan Announces Management Changes
Vulcan Materials Co. announced senior management changes to be effective Jan. 1, 2014. The company will promote Tom Hill from the position of senior vice president of its south region to executive vice president and chief operating officer of the company.
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