Sunrock Industries, a North Carolina aggregates, ready mixed concrete and asphalt producer with Ontario and Alberta, Canada, satellite operations, has named Mike Nolan as president. Nolan arrives with 20-plus years in construction materials management roles, primarily Lafarge North America, Lafarge Group and VCNA Prairie. During assignments in Illinois for the latter producer and on both sides of the Atlantic for…
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Permitting Update: Wisconsin
A group of Green County landowners are suing the county’s Zoning Board of Adjustment (BOA) over its decision to allow a local firm to mine stone and sand on more than 12 acres outside Monticello.
Read MoreMartin Marietta Revenues Down in Second Quarter; Aggregates Gross Profit Rises
Martin Marietta Materials Inc. reported results for the second quarter ended June 30, noting revenues of $1.764 billion versus $1.821 billion in the second quarter of 2023, a 3% decline.
Read MoreKnife River Earns Record Second Quarter Revenue, Income
Knife River Corp. announced financial results for the second quarter ended June 30, reporting record consolidated revenue of $806.9 million, a 3% increase from the prior-year record revenue, driven by price increases in its aggregates product line and increased contracting services revenues. The company also reported record second quarter net income of $77.9 million, compared to net income of $56.8 million in…
Read MoreSummit by Segment
Aug. 7, 2024 – Summit Materials’ net revenue increased $395.1 million, or 58.1%, in the second quarter to $1,075.5 million. In the quarter, $464.0 million of net revenue was due to acquisitions, primarily the Argos USA transaction. Geographically, the West Segment operating income decreased $3.9 million to $70.7 million. Adjusted EBITDA decreased $2.9 million, or 2.8%, to $101.6 million in the second quarter largely…
Read MoreWeather Impacts Vulcan’s Second Quarter Results; Price Growth Strong
Vulcan Materials Co. announced results for the quarter ended June 30, reporting total revenue of $2.014 billion versus $2.113 billion for the same period in 2023. Year to date, the company is reporting total revenue of $3.560 billion, versus $3.762 billion in the first half of 2023.
Read MoreStreamline with Artificial Intelligence
Want To Make Your Efforts To Be A Good Neighbor A Bit Easier? Ask AI For A Little Help. Here’s How To Get Started. By Therese Dunphy As a kid who grew up watching “The Jetsons,” the evolution of technology over the last decade has been thrilling to watch. Video calls, robotic vacuums and digital assistants such as Alexa and…
Read MoreGranite Announces Results; Agreement to Acquire Dickerson & Bowen
Granite Construction Inc. released its second-quarter financial report, noting revenue increased $183 million to $1.1 billion compared to $899 million for the same period in the prior year. The Construction and Materials segments posted year-over-year increases of 22% and 10%, respectively. The company also announced that it has entered into an agreement, subject to customary closing conditions, to acquire Dickerson…
Read MoreEagle Materials Scores Record Revenue, Earnings
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2025 ended June 30, noting record revenue of $608.7 million, up 1%; and record net earnings of $133.8 million, up 11%. Commenting on the first quarter results, Michael Haack, president and CEO, said, “Fiscal 2025 is off to a solid start for Eagle, with record revenue of $608.7…
Read MoreHere Comes AggNexus
June 5, 2024 – SEMCO Publishing – parent company of Rock Products, Concrete Products, Cement Products, and North American Mining magazines – is pleased to announce a collaboration with On The Rocks Digital (a Social Media Management and AI company specializing in construction materials) on a new live event: AggNexus. The event will take place Sept. 9-10, 2024, at the Thompson Conference Center…
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