Vulcan North Carolina Quarry on Track Vulcan Materials Co. plans to begin development of a 68-acre property to be known as the Rockingham Quarry North Site in North Carolina to support its existing Rockingham Quarry, according to the Richmond Country Daily Journal. This expansion represents a 7.5% increase in Vulcan’s current 902 acres of permitted area in Richmond County, 38…
Read MoreTag: Martin Marietta
Martin Marietta Looks Ahead
Feb. 11, 2020 – Martin Marietta Materials just reported record revenues for 2019. So what do they see up ahead? The company is confident in its 2020 outlook and in its key supporting factors. The company said its geographic footprint has attractive underlying market fundamentals, including notable employment gains, population growth and superior state fiscal health, that should promote steady and sustainable…
Read MoreMartin Marietta Reports Most Profitable Year in Its History
Martin Marietta Materials Inc. reported results for the fourth quarter and year ended Dec. 31, 2019. Fourth quarter 2019 revenues were $1,100,430, up from $1,020,218 in the fourth quarter of 2018. Full-year 2019 revenues were $4,739,098, up from $4,244,265 in 2018.
Read MoreFIRST LOOK – DECEMBER 2019
TOP NEWS Vulcan Materials Vulcan Materials Co. announced third-quarter total revenues of $1.419 billion, up from $1.240 billion in 2018; and year-to-date total revenues of $3.743 billion, up from $3.295 billion in 2018. Summit Materials On a year-to-date basis through Sept. 28, Summit’s net revenue increased 4.1% over the comparable 2018 period. Adjusted EBITDA increased 8.8% to $340.4 million for the first nine months…
Read MoreRecord-Setting Quarter for Martin Marietta
Martin Marietta Materials Inc. reported results for the third quarter ended Sept. 30, 2019. The company established new records, achieving more than $1.420 billion in total revenues and more than $421 million in gross profit.
Read MoreMartin Marietta: Behind the Numbers
Oct. 29, 2019 – Martin Marietta, which posted record revenue for the third quarter, said that its aggregates business is up more than 12%. Third-quarter aggregates shipments by end use are as follows versus the prior-year quarter: Aggregates shipments to the infrastructure market increased 7%. As expected, transportation-related projects accelerated during the quarter, supported by funding provided by the Fixing America’s…
Read MorePERMITTING – SEPTEMBER 2019
Cemex Makes Progress in Florida Cemex Construction Materials Florida ‘s effort to expand its lime-rock mining operations cleared another hurdle when the Hernando County Planning and Zoning Commission recommended approval for the rezoning of 573 acres of land north of Cortez Boulevard in Brooksville, Fla., according to the Tampa Bay Times. County commissioners will take up the rezoning again this…
Read MoreFIRST LOOK – SEPTEMBER 2019
TOP NEWS Vulcan Materials Vulcan Materials Co. announced results for the quarter ended June 30. Net earnings were $198 million, up 24%, and Adjusted EBITDA was $372 million, up 15% compared to last year’s second quarter. Martin Marietta Materials Inc. Martin Marietta Materials Inc. reported results for the second quarter ended June 30. Total revenues amounted to $1.279 billion versus $1.202…
Read MorePublicly Traded Companies
The Aggregates Industry’s Publicly Traded Companies Reported First-Quarter Results.
Read MoreMartin Marietta: Inside the Report
July 30, 2019 – Martin Marietta Materials just reported record second-quarter profit of $189.5 million on revenue of $1.28 billion. In its quarterly report, the company looked ahead, stating, “Infrastructure construction, particularly for aggregates-intensive highways and streets, should benefit from recent accelerations in state lettings and contract awards in key Martin Marietta states, continued FAST Act funding, and regulatory reform that allows…
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