Eagle Materials Acquires Martin Marietta’s California Cement Import Business

Eagle Materials Inc. completed the acquisition of Martin Marietta’s cement import and distribution business in Northern California, which includes its cement terminal in Stockton, Calif. The acquisition is consistent with the company’s strategic intentions to extend and strengthen its distribution reach across its heartland U.S. cement manufacturing system. Commenting on the acquisition, Michael Haack, president and CEO, said, “Our Nevada…

Read More

CalPortland-Martin Marietta Deal is Off

April 28, 2023 – Taiheiyo Cement Corp., headquartered in Bunkyo-ku, Tokyo, announced that its consolidated subsidiary, CalPortland Co., headquartered in California, and Martin Marietta Materials Inc., headquartered in North Carolina, have terminated their previously announced agreement dated Aug. 9, 2022, regarding the sale of Martin Marietta’s Tehachapi, Calif., cement plant and related distribution terminals, as the parties have been unable to timely obtain the…

Read More

FIRST LOOK – March 2023

TOP NEWS Vulcan MaterialsVulcan Materials Co. announced results for the quarter and year ended Dec. 31, 2022. In the fourth quarter 2022, the company reported total revenues of $1.732 billion versus $1.606 billion in the fourth quarter of 2021. For full-year 2022, the company reported total revenues of $7.315 billion versus $5.552 billion for full-year 2021, more than a 30%…

Read More

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 More

Martin 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 More

Permitting – 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 More

First Look – November 2021

TOP NEWS Blue Ridge Construction Capital AcquisitionsIn partnership with industry veteran Anthony Minshew, Blue Ridge Construction Capital announced the acquisitions of Matthews Sand and Gravel (MSG) and Edge Aggregates. Based in Smithfield, N.C., MSG is a supplier of asphalt sand and concrete sand to the Raleigh, N.C., construction market. Edge is based in Battleboro, N.C., and has established itself as…

Read More

Aggregates 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 More

Martin 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 More
1 2 3 4 18