MDU Resources Group Inc. announced that its board of directors has unanimously approved a plan to separate its wholly owned construction materials business, Knife River Corp., from the company.
Read MoreDay: August 4, 2022
Vulcan’s Hill Look Ahead
Aug. 4. 2022 – In its just-released second-quarter report Vulcan Materials’ Chairman and Chief Executive Officer Tom Hill looked into his crystal ball, noting, “We are updating our full-year Adjusted EBITDA guidance range to reflect the considerable pricing momentum in our aggregates business as well as higher than expected energy-related cost inflation that is currently impacting each of our segments. Additionally, our…
Read MoreVulcan’s Aggregates Segment Drives Second Quarter Growth
Vulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations.
Read MoreSummit Materials Aggregates Revenues Rise in Second Quarter
Summit Materials Inc. announced results for the second quarter ended July 2. Net revenue increased $13.4 million, or 2.2% in the second quarter to $631.9 million, due to increases in average sales prices across all lines of business that more than offset volume declines due primarily to divestitures.
Read MoreArcosa Delivers Record Second-Quarter Revenues
Arcosa Inc. announced results for the second quarter ended June 30. The company is reporting revenues of $602.8 million, up 17%; and net income of $39.0 million.
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