Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2024. Fourth quarter revenues were $1,632 billion, up from $1,608 billion for the same quarter in 2023, an increase of 1%. For the full year 2024, revenues were $6,536 billion, versus $6,777 billion in 2023, a decrease of 4%.
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Permitting Update: Kansas
The limestone Bayer Construction mines out of the Crest Quarry, near 2400 Avenue and Vane Road, provides raw material for the concrete used in roads, sidewalks, and foundations around Fort Riley, Geary, Dickinson and surrounding counties. Bayer does the quarrying on property owned by Jim and Ranie McLaughlin and leased by David Walker. With the exception of a few years…
Read MorePricing: That Gut Feeling
Why The Older Generation ‘Knows’ The Market Price Of Aggregates (Or So They Think). By Barry Hudson There’s a peculiar phenomenon in the world of aggregates (yes, we’re talking about gravel, sand and stone – not fine wine) where the most experienced generation of industry professionals often dismisses the need for a formal pricing process. “Why waste time with all…
Read MoreThe 2024 Regional Pricing Puzzle
Inconsistent Prices, Soaring Transport Costs And Supply Bottlenecks – Why The Aggregates Market Last Year Was Anything But Uniform Across The United States. By Barry Hudson Pricing sand and aggregates in 2024 feels like solving a puzzle where half the pieces are missing. Despite being one of the most critical inputs in construction – used in everything from roads to…
Read More2025 Outlook/Forecast
The Aggregates Industry is at a Transition Point as 2025 Begins. So Where Will We Go From Here? By Mark S. Kuhar and Josephine Patterson As we head into 2025, we do so with encouragement, but also uncertainty. The Infrastructure Investment and Jobs Act (IIJA) – which made the single largest dedicated investment in American transportation infrastructure since the construction…
Read MoreMartin Marietta Quarterly Results Impacted by Weather
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, noting revenues of $1,889 billion versus $1,994 in the third quarter of 2023, a 5% decline.
Read MoreEverybody Talks About The Weather
American essayist and novelist Charles Dudley Warner is known for making the famous remark, “Everybody talks about the weather, but nobody does anything about it.” Mark Twain liked it so much he stole it and everyone now attributes it to him. No matter who said it, the remark is spot on. But what can we do about it? We better…
Read MoreMartin Marietta Revenues Down in Second Quarter; Aggregates Gross Profit Rises
Martin Marietta Materials Inc. reported results for the second quarter ended June 30, noting revenues of $1.764 billion versus $1.821 billion in the second quarter of 2023, a 3% decline.
Read MoreDurex Promotes Nelson to Vice President of Sales
Durex Products Inc. has appointed Keegan Nelson as vice president of sales. Nelson joined Durex Products Inc. earlier this year as sales and product manager. In this role, Nelson quickly established strong relationships with customers and dealers, leveraging his 10 years of expertise in the aggregate industry to help close additional sales and support sales team members. Prior to joining Durex,…
Read MoreMartin Marietta Down 8% in First Quarter
Martin Marietta Materials Inc. released results for the first quarter ended March 31, reporting total revenues of $1.251 billion, compared to $1.354 billion in the first quarter of 2023, a decrease of 8%.
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