MDU Resources Group Inc. announced that a strong second quarter at its utility and construction services businesses partially offset a slow quarter at its construction materials business caused by weather-related delays and increased competition. Second quarter earnings from continuing operations were $43.8 million, or 22 cents per share, compared to second quarter 2016 earnings from continuing operations of $46.1 million,…
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Martin Marietta’s Lloyd to Retire; Nickolas Named as Successor
Martin Marietta Materials Inc. announced that Anne H. Lloyd will retire as executive vice president and chief financial officer of the company, effective mid-August 2017. Lloyd will remain with the company through September to ensure a smooth transition.
Read MoreGraymont Sells New York Materials Business to Upstone
Graymont said it has completed a transaction to sell its New York Materials business to Upstone Materials Inc., a member of paving, aggregates and construction sector firm Barrett Industries Group.
Read MoreVulcan 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.
Read MoreConstruction Materials Segment Down at MDU Resources
MDU Resources Group Inc. reported 12 percent higher first-quarter earnings from continuing operations of $35.5 million, or 18 cents per share, compared to first quarter 2016 earnings from continuing operations of $31.6 million, or 16 cents per share.
Read MoreVulcan Materials Touts Aggregates Shipments, Price Improvements
Vulcan Materials Co. announced results for the fourth quarter ended Dec. 31, 2016. The company’s fourth quarter results reflect solid price growth in aggregates and higher gross profits in the company’s Asphalt and Concrete segments, partially offsetting the earnings effect from a 3.5 percent decline in aggregates shipments.
Read MoreMDU Resources Construction Materials Business Reports Record Earnings
MDU Resources Group Inc. reported 2016 earnings from continuing operations of $232.4 million, or $1.19 per share, compared to 2015 earnings from continuing operations of $175.7 million, or 90 cents per share. In the fourth quarter of 2016, earnings from continuing operations were $66.3 million, or 33 cents per share, compared to $55.7 million, or 29 cents per share, in…
Read MoreKespry Names New CEO
Kespry announced that George Mathew has been appointed as the company’s new chief executive officer and chairman. He was most recently president and chief operating officer of self-service analytics software provider Alteryx. With 20 years of experience at growth-oriented technology startups as well as category leading software providers such as salesforce.com and SAP, Mathew has held a wide range of…
Read MoreMDU Resources Provides Five-Year Capital Plan Forecast
MDU Resources Group Inc. announced its capital expenditure forecast for 2017 through 2021.
Read MoreBoral Ltd. Acquires Headwaters Inc.
Boral Ltd. will acquire Headwaters Inc. for $24.25 per share in cash, a deal valued at $2.6 billion, according to the companies.
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