The aggregates industry literally took Indianapolis by storm, as more than 10,000 people attended the 2019 AGG1 Academy & Expo and World of Asphalt shows. Rain, sleet, snow and high winds couldn’t prevent record-setting attendance numbers.
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Vulcan Aggregates Shipments up 10 Percent in 2018
Vulcan Materials Co. announced results for the fourth quarter and year ended Dec. 31, 2018. Net earnings were $124 million and Adjusted EBITDA was $286 million in the fourth quarter. For the full year, net earnings were $516 million and Adjusted EBITDA was $1.132 billion (an increase of 15 percent) despite significantly higher energy costs.
Read MoreNSSGA Kicks Off Convention in Indianapolis
The National Stone, Sand and Gravel Association (NSSGA) kicked off its annual convention prior to the AGG1 show in Indianapolis. Randy Lake, president of CRH Americas Materials, addressed association members for the final time as chairman of the association.
Read MoreMartin Marietta Touts Record 2018 Results
Martin Marietta Materials Inc. reported record results for the fourth quarter and year ended Dec. 31, 2018. The company is reporting total revenues of $1,020,218 for the fourth quarter, and $4,244,265 for the year.
Read MoreLafargeHolcim Appoints Moreau CEO
LafargeHolcim in the United States announced the appointment of Jay M. Moreau as chief executive officer of U.S. aggregates and construction materials operations. “Moreau brings significant experience in the construction materials industry which will ensure the growth and success of our business in the United States,” the company said. “Jay has a proven track record in this industry, and his…
Read MoreCemex U.S. Sales Up 8 Percent in Fourth Quarter
Cemex announced that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 4 percent during the fourth quarter of 2018 to $3.5 billion, and increased 6 percent for the full year 2018 to $14.4 billion versus the comparable periods in 2017.
Read MoreSummit Materials Optimistic Despite Losses in 2018
Summit Materials Inc. announced that for the three months ended Dec. 29, 2018, the company reported net loss attributable to Summit Inc. of $19.2 million, compared to net income attributable to Summit Inc. of $43.0 million in the comparable prior-year period.
Read MoreTexas Producers Visit State Legislators
More than 75 members of the Texas Aggregates & Concrete Association (TACA) met with Texas legislators about issues important to the aggregate, concrete, cement and other associated industries as part of the association’s Capitol Day, which took place Feb. 5.
Read MoreMDU Resources Construction Materials Business Dips in 2018
MDU Resources Group Inc. reported 2018 earnings from continuing operations of $269.4 million, or $1.38 per share, compared to 2017 earnings from continuing operations of $284.2 million, or $1.45 per share.
Read MoreEagle Materials’ Cement Business Up; Aggregates and Proppants Down
Eagle Materials Inc. reported financial results for the third quarter of fiscal 2019 ended Dec. 31, 2018:
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