TOP NEWS Martin Marietta Reports Most Profitable Year in Its History Martin Marietta Materials Inc. reported fourth quarter 2019 revenues of $1,100,430, up from $1,020,218 in the fourth quarter of 2018. Full-year 2019 revenues were $4,739,098, up from $4,244,265 in 2018. Sandbrook to Retire U.S. Concrete Inc. announced that William J. Sandbrook has notified the company’s board of directors of…
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FIRST LOOK – FEBRUARY 2020
TOP NEWS US Aggregates Closes Plant US Aggregates closed its Perkinsville, Ind., plant, as the remaining product reserves on the property are not of sufficient quantity and are too challenging for the company to continue to produce. Luck Companies Honored for Employee Engagement Luck Companies, the nation’s largest family owned and operated producer of crushed stone and aggregates, has been…
Read MoreFIRST LOOK – JANUARY 2020
TOP NEWS NSSGA Members Storm Capital Hill The National Stone, Sand and Gravel Association held its 2019 Legislative & Policy Forum in Washington, D.C., which included a record 295 meetings with Congressional offices in a single day. Cemex Hosts 5k in Support of Special Olympics Cemex USA held its second-annual 5k Quarry Quest race at its FEC Quarry in Miami on Dec. 7, in support of…
Read MoreFIRST LOOK – DECEMBER 2019
TOP NEWS Vulcan Materials Vulcan Materials Co. announced third-quarter total revenues of $1.419 billion, up from $1.240 billion in 2018; and year-to-date total revenues of $3.743 billion, up from $3.295 billion in 2018. Summit Materials On a year-to-date basis through Sept. 28, Summit’s net revenue increased 4.1% over the comparable 2018 period. Adjusted EBITDA increased 8.8% to $340.4 million for the first nine months…
Read MoreFIRST LOOK – NOVEMBER 2019
TOP NEWS Michigan Dispute Michigan’s Office of the Auditor General claims that the Michigan Department of Transportation spent a questionable $100,000 on a study of the state’s gravel resources influenced by the Michigan aggregates industry, a fact disputed by the Michigan Aggregates Association. California Dreaming Trump administration officials threatened to withhold billions of dollars in federal highway funding from California,…
Read MoreHere Comes ConExpo-Con/Agg 2020
Held every three years, ConExpo-Con/Agg is the must-attend event for construction and aggregates industry professionals. The show features the latest equipment, products, services and technologies for the construction and aggregates industries, as well as industry-leading education. The next ConExpo-Con/Agg will be held March 10-14, 2020, in Las Vegas.
Read MoreFIRST LOOK – OCTOBER 2019
TOP NEWS StonePoint Acquisition StonePoint Materials LLC has acquired Standard Gravel Co. LLC. Standard is a leading regional producer of sand and gravel serving eastern Louisiana and southern Mississippi from four active mine sites. Graymont Acquisition Graymont and Grupo Calidra are moving forward with the previously announced acquisition of the global lime and limestone business of the Belgium-based Sibelco Group. Historic…
Read MoreFIRST LOOK – SEPTEMBER 2019
TOP NEWS Vulcan Materials Vulcan Materials Co. announced results for the quarter ended June 30. Net earnings were $198 million, up 24%, and Adjusted EBITDA was $372 million, up 15% compared to last year’s second quarter. Martin Marietta Materials Inc. Martin Marietta Materials Inc. reported results for the second quarter ended June 30. Total revenues amounted to $1.279 billion versus $1.202…
Read MoreFIRST LOOK – AUGUST 2019
TOP NEWS Mississippi Lime to Acquire Southern Lime Mississippi Lime Co., a portfolio company of HBM Holdings, announced it has executed a definitive agreement to acquire the Calera, Ala., lime business of Covia, operating historically as Southern Lime. NSSGA Announces New Seat Belt Safety Initiative The National Stone, Sand and Gravel Association announced a winner in naming its seat belt…
Read MoreFIRST LOOK – JULY 2019
TACA Meeting a Success / Wendling Quarries Acquires Coots Materials / Lindsey Aggregates’ New Plant
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