The National Stone, Sand & Gravel Association (NSSGA) announced that it has hired Chuck Fuqua as its vice president of communications. Fuqua brings over two decades of experience in communications while working in government, politics and trade associations. At NSSGA, Fuqua will be charged with leading communications efforts to represent the aggregates industry and advance its policy positions. “I am excited…
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Arcosa Acquires ACG Materials
Arcosa Inc. has reached a definitive agreement with an affiliate of H.I.G. Capital, LLC to acquire ACG Materials for approximately $315 million.
Read MoreNRP Aggregates Business Flat in Third Quarter
Natural Resource Partners L.P. (NRP) reported third-quarter 2018 net income of $29 million, compared to $26 million in the third quarter of 2017. For year-to-date, the company is reporting net income of $92 million, compared to $58 million in 2017.
Read MoreMartin Marietta Surges to Record Third-Quarter Results
Martin Marietta Materials Inc. reported record results for the third quarter ended Sept. 30. The company is reporting total revenues of just over $1.2 billion versus just under $1.1 billion for the year-ago period.
Read MoreArcosa Created from Trinity Industries Construction Materials Businesses
A spinoff of assets outside Trinity Industries core Rail and Railcar Leasing and Management Services businesses has created Arcosa Inc., a separate publicly traded company reporting 2017 sales of $1.5 billion across three groups: Construction Products, with 11 sand and gravel operations (Texas, Louisiana) and eight expanded shale and clay plants (Alabama, Arkansas, California, Colorado, Indiana, Kentucky, Louisiana, Texas), plus Energy Equipment and…
Read MoreLafargeHolcim Aggregates Sales Up 6 Percent
LafargeHolcim announced that like-for-like net sales grew by 5.8 percent for the third quarter of 2018 and by 5.1 percent in the first nine months of 2018 compared to the prior-year period. Growth was driven by increased demand as well as sales price increases.
Read MoreVulcan Announces Third Quarter Aggregates Increases
Vulcan Materials Co. announced results for the third quarter ended Sept. 30, 2018. Third quarter earnings from continuing operations were $180 million, or $1.34 per diluted share. Net earnings increased 65 percent to $179 million and Adjusted EBITDA increased 13 percent from the prior year’s third quarter to $353 million.
Read MoreU.S. Concrete Reports Record Aggregates Revenues
U.S. Concrete Inc. reported that for the quarter ended Sept. 30, 2018, its consolidated revenue increased 14 percent to $404.3 million, an all-time quarterly high.
Read MoreProducers Tout Drone Inventory Management From Kespry
Kespry announced the availability of enterprise-grade inventory management for mining and aggregates companies. This new offering maximizes profitability by enhancing the ability to monitor, reconcile and manage inventory data across sites, product lines and divisions. Additionally, Kespry users can now reconcile data from their drone surveys with data from ERP and other systems of record for production and sales data,…
Read MoreCemex U.S. Operations Up 11 Percent
Cemex, S.A.B. de C.V. announced that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by 8 percent during the third quarter of 2018 to $3.7 billion versus the comparable period in 2017. Cemex’s operations in the United States increased sales 11 percent.
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