FIRST LOOK TOP NEWSVulcan MaterialsVulcan Materials Co. announced results for the quarter and year ended Dec. 31, 2023, reporting total revenues of $1.83 billion in the fourth quarter versus $1.73 billion in the fourth quarter of 2022; and $7.78 billion for full-year 2023 versus $7.32 billion for full-year 2022. Summit MaterialsSummit Materials Inc. announced results for the fourth quarter and…
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First Look – February 2024
TOP NEWS CRHCaterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar’s zero-exhaust emissions solutions. CRH is the number-one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar. Summit MaterialsSummit Materials shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based…
Read MoreFirst Look – January 2024
TOP NEWS Granite Granite Construction announced the acquisition of Lehman-Roberts Co. and Memphis Stone & Gravel Co., longstanding asphalt paving and asphalt and aggregates producers and suppliers. Silvi Materials Shipping sand products to Brooklyn, N.Y., and the five boroughs of Manhattan is a challenge. But Silvi Materials now has a new high-quality, cost-effective solution, launching barges from a new port located about…
Read MoreFirst Look – December 2023
TOP NEWS Martin Marietta Materials Inc. announced that it has entered into a definitive agreement to sell its South Texas cement business and certain related concrete operations to CRH Americas Materials Inc., a subsidiary of CRH plc, for $2.1 billion in cash. This on the heels of third quarter Building Materials business revenues of a record $1.9 billion, a 10.5%…
Read MoreFirst Look – November 2023
TOP NEWS Armada Materials Formed; Acquires VolunteerArmada Materials LLC has been formed to build a leading infrastructure materials and services business through strategic acquisitions. The company was founded by Rob Duke, who will serve as CEO of Armada, along with a group of investors including several industry veterans, and Kelso & Company, L.P., a middle-market buyout private equity firm founded…
Read MoreFirst Look – October 2023
TOP NEWS Superior Industries Hires Kristen RandallSuperior Industries Inc. recently added another industry veteran to its lineup of passionate, high-service employees. After 17 years at Haver & Boecker Niagara, Kristen Randall comes to Superior as the company’s first official training coordinator. “Many of us at Superior have developed strong relationships with Kristen due to her active involvement in our industries,”…
Read MoreFirst Look – September 2023
TOP NEWS The Rock Products Road Show The Rock Products Road Show – an “Economics + Equipment” informational session – rolled into Thompsonville, Mich., on July 21 for the Michigan Aggregates Association’s summer meeting, held at the Crystal Mountain Resort. The estimated U.S. output of construction sand and gravel produced and shipped for consumption in the first quarter of 2023 was…
Read MoreFirst Look – August 2023
TOP NEWS BMC EnterprisesBMC Enterprises Inc. (BMC), the largest producer of aggregates and concrete in the St. Louis region, has completed acquisitions of Raineri Building Materials, Eureka Materials and Blue Grass Ready Mix within the last three months. Vulcan MaterialsVulcan Materials Co. released its Environmental, Social and Governance (ESG) report highlighting the company’s durable growth strategy, performance and progress on…
Read MoreFIRST LOOK – July 2023
TOP NEWS GraniteGranite has received approval from the Utah Department of Air Quality (UDAQ) to begin the public comment period as part of Granite’s Parleys I-80 South Quarry small mine air permit application. During this rigorous application process, the application undergoes a comprehensive 30-day comment period, allowing the public to provide valuable input. U.S. Supreme Court The U.S. Supreme Court has…
Read MoreFirst Look – June 2023
TOP NEWS Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended March 31, reporting total revenues of $1.649 billion, versus total revenues of $1.541 billion in the first quarter of 2022, about a 7% increase. Summit Materials Summit Materials Inc. announced results for the first quarter ended April 1, reporting net revenue of $407.3 million, versus $392.5 million in the…
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