Martin Marietta Materials Inc. has completed the divestitures required pursuant to its agreement with the U.S. Department of Justice (DOJ) to resolve all competition issues with respect to Martin Marietta’s acquisition of Bluegrass Materials Co., which closed on April 27, 2018.
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Martin Marietta Takes First Quarter Hit; Bluegrass Acquisition Moves Forward
Martin Marietta Materials reported results for the first quarter ended March 31, 2018. The company is reporting revenues of $802 million versus $843.9 million in the first quarter of 2017.
Read MoreMartin Marietta Finalizes Bluegrass Acquisition
Martin Marietta Materials Inc. announced that it successfully completed its previously announced acquisition of Bluegrass Materials Co., described as “the largest privately-held, pure-play aggregates company in the United States,” for $1.625 billion in cash.
Read MoreNSSGA to Recognize Grassroots Leadership at Fall Meeting
The National Stone, Sand & Gravel Association (NSSGA) will recognize outstanding industry advocates at the association’s upcoming Legislative and Policy Forum/Fall Board meeting, Sept. 24-28. The 2017 NSSGA Grassroots Awards will be presented to individuals for educating policymakers on the value of the aggregates industry and explaining how certain policies can benefit or harm operations around the country.
Read MoreTransaction Analysis: Martin Marietta Acquires Bluegrass Materials
Martin Marietta Materials’ pending acquisition of Bluegrass Materials is big news and Ward Nye, president and CEO of Martin Marietta, said the $1.6 billion buy means big business in the Southeast, according to Brian Krehbiel, vice president for investment banking firm Headwaters MB.
Read MoreMartin Marietta to Acquire Bluegrass Materials
Martin Marietta Materials Inc. and Bluegrass Materials Co. announced that they have entered into a definitive agreement under which Martin Marietta will acquire Bluegrass for $1.625 billion in cash.
Read MoreAGG1 to Feature Focused Educational Events
AGG1 Academy & Expo, which takes place March 17-19, 2015, in Baltimore, is geared to aggregates-industry decision-makers and buyers. In addition to the Aggregates Academy and Expo, there will be a number of focused educational events, including: Bluegrass Materials Quarry TourMarch 16, 11 a.m.-2 p.m. Bluegrass Materials’ Texas Quarry, located in Cockeysville, Md., has been in operation for more than…
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