Knife River Corp. announced financial results for the fourth quarter and full-year ended Dec. 31, 2023. For the three months ended Dec. 31, 2023, Knife River reported consolidated revenue of $646.9 million, a 20% increase from the prior-year period, driven by price increases across all core product lines and an extended construction season throughout its footprint.
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Summit Establishes Annual Records for Revenue, Profitability
Summit Materials Inc. announced results for the fourth quarter and full year ended Dec. 30, 2023. Net revenue increased $220.7 million, or 9.9%, in 2023 to $2.4 billion, as strong pricing across all lines of business and contributions from acquisitions more than offset lower volumes and the impact of divestitures. Operating income increased $41.6 million, or 15.5% in 2023 to…
Read MoreArmada Materials Completes Acquisition in Tennessee
Armada Materials LLC has acquired the assets of Wright Paving Contractors Inc. and Custom Stone LLC of Fayetteville, Tenn.
Read MoreMartin Marietta Has Best Year in Company History
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2023. For the fourth quarter, total revenues were $1.608 billion versus $1.477. billon for the fourth quarter of 2022, an 8.9% increase. For full year 2023, the company is reporting total revenues of $6.777 billion versus $6.161 billion in 2022, a 10% improvement.
Read MoreMSHA Issues Alert on Rotating Conveyor Rollers
MSHA is reporting that three miners have been permanently disabled since the beginning of 2024 because of rotating conveyor rollers. Serious and fatal injuries occur when miners clean or adjust conveyor rollers, pulleys and idlers while the belt is in motion. Injuries vary from broken bones to loss of fingers, hands and arms. Some accidents have resulted in fatal injuries. …
Read MoreMartin Marietta Acquires BWI Southeast Assets
Martin Marietta announced that on Feb. 11, it entered into a definitive agreement to acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee and Virginia from affiliates of Blue Water Industries LLC (BWI Southeast) for $2.05 billion in cash.
Read MoreCemex U.S. Business Up 6% in 2023
Cemex reported 2023 results, with an 8% growth in sales to $17,416 million in 2023, and 5% to $4,243 million in the fourth quarter. This performance, coupled with the board’s confidence in the medium-term outlook and strong free cash flow generation over the last few years, allows Cemex to initiate a formal shareholder return program, subject to approval at the…
Read MoreUSGS Releases Updated ‘Top 100 Producers Of Crushed Stone’
The U.S. Geological Survey just released its updated list of the “Top 100 Producers Of Crushed Stone In The United States.” The listing includes data available through Oct. 31, 2023. In descending order of tonnage produced, the top 100 companies, based on final 2022 production numbers are: THE TOP 100 PRODUCERS OF CRUSHED STONE IN THE UNITED STATES 2022…
Read MoreUSGS Releases Updated ‘Top 100 Producers Of Construction Sand And Gravel’
The U.S. Geological Survey just released its updated list of the “Top 100 Producers Of Construction Sand And Gravel In The United States.” The listing includes data available through Oct. 31, 2023. In descending order of tonnage produced, the top 100 companies, based on final 2022 production numbers are: THE TOP 100 PRODUCERS OF CONSTRUCTION SAND AND GRAVEL IN THE…
Read MoreUSGS Finalizes 2022 Production Data
The United States Geological Survey reported that throughout the United States in 2022, a total of 1,400 companies operating 3,585 quarries and 333 sales/distribution yards produced crushed stone and 3,360 companies operating 6,500 pits and 292 sales/distribution yards produced construction sand and gravel. A total of 2.49 billion metric tons (Gt) of construction aggregates (construction sand and gravel plus crushed…
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