NSSGA Celebrates 30th Anniversary of Young Leaders

The National Stone, Sand & Gravel Association (NSSGA) gathered current Young Leaders and alumni in San Diego to celebrate the group’s 30th Anniversary. The meeting, held from May 1-4, attracted a record attendance of more than 325 participants, who heard from industry leaders; participated in community service activities; and welcomed their new committee leadership. During the Monday general session, NSSGA Chair…

Read More

Martin Marietta Update

May 3, 2022 – Martin Marietta Materials consolidated revenues crossed the billion-dollar mark in the first quarter of this year, according to its just-released report. Now that is a great start to the year, increased costs notwithstanding. The company also reiterated these “portfolio optimization” efforts that were recently reported. On March 1, the company announced a definitive agreement to sell its Redding…

Read More

Martin Marietta Achieves Record Quarterly Consolidated Revenues

Martin Marietta Materials Inc. reported results for the first quarter ended March 31. The company is reporting record first-quarter consolidated revenues of $1.147.8 billion compared to $921.9 million in last year’s first quarter, a 24.5% increase.  Ward Nye, chairman and CEO of Martin Marietta stated, “In the first quarter, Martin Marietta again exceeded world-class safety metrics and achieved record consolidated revenues, which benefitted…

Read More

Martin Marietta Educates Future Generations

The Company Supports the Earth Moves exhibit at Durham’s Museum of Life and Science. By Therese Dunphy Imagine an environment where children play among rocks and a waterfall, cool off in an erosion stream, explore sandstone caves and – along with their parents – learn about the region’s geology.  That’s exactly what can be found at the Earth Moves exhibit,…

Read More

Martin Marietta Achieves Record Safety Performance

Martin Marietta employees set new benchmarks for safety in 2021 as the company completed its safest year on record. Heritage operations reduced reportable incidents by 21%, which led to Martin Marietta teams achieving a total injury incidence rate (TIIR) of 0.84; the performance exceeded the world-class TIIR standard of 0.90 for the first time in company history. Three operating divisions…

Read More

Martin Marietta Sells Some California Cement, Ready Mix Holdings

Martin Marietta Materials entered into a definitive agreement to sell certain West Coast cement and ready mixed concrete operations to Taiheiyo Cement Corp.’s CalPortland unit for $250 million in cash. The operations include the Redding cement plant, related cement distribution terminals and 14 ready-mixed concrete plants located in California.

Read More

Martin 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 More
1 2 3 15