The Texas Aggregates & Concrete Association (TACA) welcomed more than 520 attendees to its 68th Annual Meeting June 15-17 at the JW Marriott San Antonio Hill Country Resort & Spa. Highlights included presentations by the National Stone, Sand & Gravel Association (NSSGA) and FMI Capital Advisors, helping TACA member companies navigate a complex economic, political and post-pandemic environment.
Read MoreTag: Construction materials
Summit Materials Appoints Ghelani Chief Strategy and Growth Officer
Summit Materials Inc. appointed Kekin Ghelani as the company’s first-ever chief strategy and growth officer. Ghelani brings a wealth of experience in strategy, corporate development, marketing, branding, IT and innovation.
Read MoreMDU Construction Materials Business Sees Record Revenues
MDU Resources Group Inc. reported first quarter earnings of $31.7 million, or 16 cents per share, compared to first quarter 2021 earnings of $52.1 million, or 26 cents per share. The construction materials business had a seasonal loss of $40.0 million in the first quarter, compared to a seasonal loss of $30.8 million in the first quarter of 2021. Although…
Read MoreVulcan Addresses Business Operations in Mexico
Vulcan Materials Co. provided an update with respect to its Mexican operations. “We are making progress in our discussions with the government of Mexico,” said Tom Hill, chairman and CEO of Vulcan Materials. “Earlier this year, Mexico delayed issuing a historically routine three-year customs permit for Vulcan’s deep-water port at Punta Venado. In March, we received that customs permit, which…
Read MoreGranite’s GARCO Lab Joins Green Business Network
Granite announced that GARCO’s San Jose Testing Laboratory recently joined the California Green Business Network. The testing facility functions as the base of operations for materials testing across Granite’s Coastal California Region. As part of the Green Business certification, the facility satisfied targets for energy efficiency, water conservation, procurement, and materials management.
Read MoreArcosa Construction Products Division Achieves Large Increases
Arcosa Inc. announced results for the fourth quarter and full year ended Dec. 31, 2021. Fourth-quarter revenues were $521.8 million, up 14%. For the full-year 2021, revenues were $2.036.4 million, up 5%
Read MoreSummit Sets Record for Revenues, Income in 2021
Summit Materials Inc. announced results for the fourth quarter and full year ended Jan. 1. Net revenue was down in the fourth quarter but higher for the full year 2021.
Read MoreHigher Costs, Labor Issues Impact MDU Resources 2021 Results
MDU Resources Group Inc. announced earnings of $378.1 million, or $1.87 per share, in 2021, compared to $390.2 million, or $1.95 per share, in 2020. In the fourth quarter, the company earned $86.5 million, or 42 cents per share, compared to $112.3 million, or 56 cents per share, in the fourth quarter of 2020.
Read MoreMartin Marietta Materials: Deep Dive
Feb. 10, 2022 – Taking a deep dive into Martin Marietta Materials year-end report, the company remains confident that favorable pricing dynamics will continue. A locally-driven pricing strategy, and attractive underlying fundamentals, as well as long-term secular growth trends in its key geographies, should drive multi-year growth in construction materials. The company is predicting 2022 total revenues of between $5.78 and…
Read MoreGranite Celebrates 100th Anniversary
By Mark S. Kuhar Granite celebrated its centennial on Jan. 4. Founded 100 years ago in Watsonville, Calif., Granite has grown into one of our nation’s largest civil infrastructure contractors and construction materials producers. Granite works in multiple end-markets from Guam to Alaska to Florida and many points in between. Granite President and CEO Kyle Larkin wrote the following open…
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