First Look – November 2021

TOP NEWS Luck Stone Acquires Ararat Rock Products Luck Stone acquired North Carolina-based Ararat Rock Products, which operated quarries in Mount Airy and Eden, one of the largest acquisitions in the company’s nearly 100-year history. Mellott Company SoldMellott Company has been acquired by MFG Partners and PNC Mezzanine Capital. Global investment bank Stout served as exclusive financial advisor to Mellott…

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Luck Stone Acquires Ararat Rock Products

Luck Stone, the nation’s largest family-owned and operated producer of crushed stone, sand and gravel, announced the acquisition of North Carolina-based Ararat Rock Products, which operated quarries in Mount Airy and Eden. The purchase marks one of the largest acquisitions in the company’s nearly 100-year history and significantly expands Luck Stone’s presence in North Carolina beyond its quarry operation in Pittsboro.

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PERMITTING – SEPTEMBER 2020

CEMEX Continues Fight for Soloedad Canyon Project The decades-long battle over a CEMEX aggregates operation in the Santa Clarita Valley in California is far from over, even though the company’s second 10-year mining contract officially expired on July 31. CEMEX requested a one-year extension of the mining contract at Soloedad Canyon, a request that was denied by the Bureau of…

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Van Tongeren GIC a Hit for Luck Stone

Score one for water conservation. Luck Stone recently upgraded the classification system at its Goose Creek Plant in Leesburg, Va., to a breakthrough dry process system that eliminates the need for water. Called a Gravitational Inertial Classifier (GIC), this system uses only ambient air and gravity to remove fine particles under 75 µm from clean, crushed stone, saving upwards of…

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FIRST LOOK – DECEMBER 2018

TOP NEWS Martin Marietta’s Record 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. Luck Stone Expands in Southeast Luck Stone, the crushed stone and aggregates division of Luck Companies, has significantly broadened its footprint into…

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