Vulcan Materials’ First-Quarter Revenues up 4 Percent

Vulcan Materials Co. announced results for the first quarter ended March 31, 2017. Net earnings were $45 million and Adjusted EBITDA was $149 million. The company’s first quarter results “reflect solid price growth in aggregates, the continuing recovery in construction materials demand and strong profitability in its Concrete and Asphalt segments,” according to the company.

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ACG Materials Acquires North Florida Rock

H.I.G. Capital LLC (HIG), a private-equity investment firm, announced that its portfolio company, ACG Materials – a vertically integrated producer and processor of industrial minerals and aggregates including gypsum, limestone, sand, gravel and downstream food, pharmaceutical and plaster products – has acquired North Florida Rock Ltd (NFR).

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Summit Materials’ Aggregates Revenues Spike Higher in First Quarter

Summit Materials Inc. announced results for the first quarter 2017. For the three months ended April 1, 2017, the company reported a net loss of $52.4 million, compared to a net loss of $21.1 million in the prior-year period. On an adjusted basis, Summit reported a net loss of $54.8 million, versus a diluted net loss of $42.5 million in…

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Fippinger Joins Crisp Industries

Jonathan Fippinger will join Crisp Industries as its new North Texas sales representative, according to the company. He will replace Greg Venghaus, a long-time Crisp employee who passed away suddenly in December. Prior to joining Crisp Industries, Fippinger spent 11 years in the oil and gas industry, working for Weatherford International in the North Texas area as a field sales and…

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South Carolina Wildlife Federation Certifies Martin Marietta Quarry

The South Carolina Wildlife Federation (SCWF) certified Martin Marietta’s Berkeley Quarry as a Wildlife And Industry Together (W.A.I.T.) site. The W.A.I.T. program recognizes industries that are dedicated to protecting the environment and keep wildlife needs in mind when making land-management decisions. Martin Marietta joined 29 other manufacturers in the state with this distinction, including BMW, Michelin, Honda of S.C., Duke…

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Polydeck Opens Texas Facility

The grand opening of Polydeck’s newest remote facility, the South Texas Distribution Center (DC) in San Antonio, was held on Friday, April 7. Attendees engaged in a discussion of training opportunities that Polydeck could provide; received a preview of recent new product introductions like Kwikdeck, Metaldex and the cross member protection system; enjoyed a lunch buffet; and a drawing for…

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