Nov. 5, 2020 – Vulcan Materials’ Chairman and Chief Executive Officer Tom Hill – on the heels of the company’s third-quarter report – looked into his crystal ball, and stated, “Going into 2020, we expected shipment growth; however, in March, that trajectory was disrupted by COVID-19 and the resulting shelter-in-place ordinances. Since then, the economic uncertainty and the evolving nature of the pandemic…
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Vulcan Shipments Lower; Prices, Cost Control Drive Profitability
Vulcan Materials Co. announced results for the quarter ended Sept. 30, reporting that net earnings were $200 million compared to $216 million in the prior year’s comparable quarter.
Read MoreMSHA Confirms 20th Fatality of 2020
The Mine Safety and Health Administration (MSHA) reported that on Oct. 14 a lead person was killed when his pickup truck was struck by a haul truck at Vulcan Materials’ Columbia Quarry, Richland, S.C.
Read MoreFIRST LOOK – SEPTEMBER 2020
Vulcan Results Strong / Eagle Flies High / Martin Marietta Gross Profit Rises
Read MoreVulcan Looks Ahead
Aug. 4, 2020 – Vulcan Materials released its second-quarter report and aggregates sales were up. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “Although the economic environment is showing signs of improvement, the pandemic’s effect on demand and the broader economy remains unclear. As a result, we are not reinstating earnings guidance at this time. While demand is…
Read MoreVulcan Aggregates Sales Rise in Second Quarter
Vulcan Materials Co. announced results for the quarter ended June 30. Total revenues were $1.323 million versus $1.328 million in the second quarter of 2019. Year-to-date revenues were $2.372 million versus $2.324 million in the first six months of 2019.
Read MoreVulcan Posts Statement on Racism, Diversity
Vulcan Materials has posted a statement condemning racism on its website. The statement reads:
Read MorePublicly Traded Companies
The Aggregates Industry’s Publicly Traded Companies Reported First-Quarter Results.
Read MoreFIRST LOOK – JUNE 2020
TOP NEWS Summit Materials’ Aggregates Volumes Increase Summit Materials Inc. reported that net revenue increased by 11.9% to $342.4 million in the first quarter 2020, versus $306.0 million in the prior-year period. The improvement in net revenue was primarily attributable to organic volume and price growth in ready-mix concrete and aggregates. Martin Marietta Reports Strong First Quarter Martin Marietta Materials…
Read MorePutting the Fun Into Fundraising
Vulcan Material Co.’s Quarry Crusher Run Series has raised more than $500,000 for its local communities. By Therese Dunphy
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