Ben R. Rechter, long-time resident of Nashville, passed away on May 7 at the age of 83. Rechter was one of the third-generation owners of Rogers Group Inc. – the family business established by his grandfather in 1908 – that has grown to be the largest privately held aggregates company in the United States.
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Summit Materials Aggregates Volumes Rise 20.7%
Summit Materials Inc. announced results for the first quarter 2021, reporting that net revenue increased $56.1 million, or 16.4% in the first quarter of 2021 to $398.5 million, compared to $342.4 million in the first quarter of 2020, on higher aggregates, ready-mix concrete, cement, asphalt and paving revenue relative to a year ago on strong demand in most markets.
Read MoreU.S. Concrete Aggregates Product Revenue an All-Time High
U.S. Concrete Inc. announced results for the quarter ended March 31, noting consolidated revenue was $285.7 million, a decrease of $48.7 million, or 14.6%, compared to the prior year first quarter, primarily as a result of lower ready-mixed concrete volumes. Aggressive cost-containment measures, operating efficiencies and growth from the aggregate products segment helped to mitigate the impact on operating income from lower revenue.
Read MoreHeidelbergCement Reports North American Aggregates Gains
HeidelbergCement noted significant margin increases in the first quarter of 2021, according to the company. Group revenue rose by 1%. Significant margin increases were evident in all regions, particularly in North America, Europe and Africa-Eastern Mediterranean Basin
Read MoreVulcan Looks Ahead
May 4, 2021 – Vulcan Materials came out of the gate strong in the first quarter of 2021, reporting an Aggregates segment sales increase of 3% and a gross profit increase of 15%. Management expectations for the remainder of 2021 include the following updates:
Read MoreMartin Marietta Reports Record First-Quarter Consolidated Revenues
Martin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020.
Read MoreVulcan Aggregates Business Rises in First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. First-quarter total revenues were $1.068 billion, versus $1.049 billion in the first quarter of 2020. Net earnings were $161 million. Trailing 12-month totals were $4.876 billion versus $4.982 billion.
Read MoreArcosa’s Construction Products Division Up in First Quarter
Arcosa Inc. announced results for the quarter ended March 31, including revenues of $440.4 million, down 10%, net income of $15.9 million and Adjusted Net Income of $17.6 million.
Read MoreGranite’s California Quarries to Supply Port Project
Granite has been awarded the Intermodal Ethanol Transfer Facility project by Eco-Energy Distribution in Stockton, Calif. The contract award is anticipated to be included in Granite’s first quarter 2021 backlog.
Read MoreLafargeHolcim Reports Record Start to 2021
LafargeHolcim is reporting that the company got off to a record start to 2021, led by net sales improving by 7.4% and an increase in Recurring EBIT of 130.7% compared to the prior year period, both on a like-for-like basis. Cement volumes grew by 5.6% for the group and ready-mix concrete volumes grew by 2.2%, while aggregates volumes decreased by 4.0%, all on a like-for-like basis. All regions…
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