Rain, Rain, Go Away

August 4, 2015 – While parts of the West are suffering from historic drought conditions, other parts of the country experienced massive rainfall earlier this year. So much so, that the rainy conditions were mentioned in both the Vulcan Materials and Martin Marietta second-quarter reports. Ward Nye, chairman, president and CEO of Martin Marietta, said, “According to the National Oceanic and Atmospheric…

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Record Rainfall Dampens Martin Marietta’s Q2 Results

Martin Marietta Materials Inc. announced its results for the second quarter ended June 30, 2015. The company is reporting consolidated net sales of $850.2 million compared with $601.9 million a year earlier, an increase of 41 percent. The company is also framing its results as “record net sales and operating earnings, despite the record rainfall experienced in its market areas.”

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