Martin Marietta Materials Inc. reported its results for the first quarter ended March 31, 2014. Net sales increased 10 percent, resulting in gross margin expansion and improved profitability, according to the company. Aggregates product line volume was up 8 percent. Ward Nye, President and CEO of Martin Marietta Materials, stated: “Our first-quarter 2014 results reflect the continued economic momentum from 2013’s…
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Who’s Number One?
With the announcement that Martin Marietta Materials Inc. and Texas Industries Inc. unanimously approved a merger agreement came the assertion that “Martin Marietta will become the nation’s largest producer of construction aggregates, supplying the crushed stone, sand and gravel used to build the roads, sidewalks and foundations on which Americans live.”
Read MoreWho is Number One?
February 28, 2014 – Who is the largest aggregates producer in the United States? That is the question after Martin Marietta Materials’ acquisition of Texas Industries. Well, in 2013, according to data in public reports, Martin Marietta Materials reported 128,433,000 tons sold. TXI reported 14,600,000 tons sold for a combined total of 143,033,000 tons.
Read MoreBlast With the Best at Beckmann Quarry
Strategic Alliance partners Sandvik and Dyno Nobel held their annual Quarry Academy Nov. 12-15, 2013, at the Omni La Mansion del Rio Hotel in San Antonio. The event included a site visit to Martin Marietta Materials’ Beckmann Quarry. During the tour the participants received a plant overview; viewed primary loading and the company’s gigantic O&K in-pit mobile HSI crusher; saw…
Read MoreMartin Marietta Reports Strong Fourth Quarter
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2013.
Read MoreThe Deal Goes Down
The Merger of Martin Marietta Materials and Texas Industries Creates a Construction-Materials Juggernaut. By Mark S. Kuhar
Read MoreMartin Marietta Materials Acquires Texas Industries
By Mark S. Kuhar
Read MoreThe Steady Climb: Outlook/Forecast 2014
Driven by a Surging Housing Market and Increased Infrastructure Spending at the State Level, 2014 Looks to Build on the Positive Growth of 2013.
Read MoreWater Withdrawal Permit Approved
State regulators say they have issued a water withdrawal permit for a mine that’s being proposed for Beaufort County, N.C. The Division of Water resources okayed the permit to Martin Marietta Materials, so it can remove up to 12 million gal. of groundwater a day for the proposed mine, according to WITN TV.
Read MoreWater Permit in Question for Martin Marietta
A quarry operator is hearing from the public as it seeks permission to withdraw 12 million gallons of water a day from a coastal collection of underground fresh water, according to WCTI TV. The state Division of Water Resources held a public hearing on a water withdrawal permit Martin Marietta Materials needs to remove water from its quarry in Craven…
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