Tag: Martin Marietta
Martin Marietta Achieves Record 2022 Revenues
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2022, noting full-year records for revenues, profitability and safety performance. While fourth-quarter 2022 total revenues were lower, $1.477 billion versus $1,496 billion in 2021, full-year 2022 revenues totaled $6.161 billion, up from $5.414 billion in 2021.
Read MoreMartin Marietta Looks Ahead
Feb. 15, 2023 – Martin Marietta Materials had a slower 2022 fourth quarter than expected, but reported record revenues for full-year 2022. Aggregates revenues were, however, strong in 2022’s fourth quarter, $849 million, versus $827 million in the fourth quarter of 2021. For full-year 2022, aggregates revenues were $3.506 billion versus $3.059 billion in 2021. Looking ahead, Ward Nye, chairman…
Read MorePermitting – December 2022
News from Arkansas, Colorado Washington County, Ark.’s justices of the peace overturned the county Planning Board’s denial of a permit for an expansion of a quarry operation west of Fayetteville, Ark., according to the Northwest Arkansas Democrat Gazette. An overflow crowd of area residents opposed to the quarry filled the seats and lined the walls of the meeting room as…
Read MoreFirst Look – November 2021
Martin Marietta Project Helps Virginia Quarry Meet Demand
The factors are nearly too many to name, said Chris Meyers, plant manager at Martin Marietta’s Anderson Creek Quarry in Rockville, Va., in regards to increased demand in the region.
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore Capstone Partners’ Building Products & Construction Services Team is pleased to share its Rock Products report. Healthy backlogs and persistent aggregates-intensive construction projects have fueled demand for sector participants, despite a backdrop…
Read MoreMartin Marietta Initiates Entrance Sign Project
A companywide effort is underway to ensure every Martin Marietta Materials operation greets its community warmly while meeting a newly established set of high aesthetic guidelines. “It started when we began reviewing our standard Martin Marietta entrance signs and how those signs represent our business to the community,” said Kansas City District Vice President-General Manager Matt Rosenthal. “From there, we…
Read MoreAggregates Industry Market Report
In This Quarterly Report, Provided Exclusively to Rock Products, Capstone Partners Offers Insight Into Merger and Acquisition Activity, Capital Markets Trends, Aggregate Production and Pricing. By Darin Good, Brian Krehbiel and Crista Gilmore The Aggregates sector has continued to benefit from robust construction demand, despite persistent supply chain disruptions and rising inflation. The merger and acquisition (M&A) market has remained…
Read MoreCalPortland Seals the Deal
Aug. 11, 2022 – The I’s are dotted and the T’s are crossed. CalPortland announced that the purchase of the Redding cement plant and other assets from Martin Marietta Materials was successfully completed. In addition to the Redding cement plant in Northern California, the assets include related cement distribution terminals and 14 ready mixed concrete plants located in California. “We…
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