Aggregates Revenue Increases at U.S. Concrete

U.S. Concrete Inc. reported adjusted EBITDA of $22.2 million in the second quarter of 2014, compared to $16.7 million in the second quarter of 2013. Adjusted EBITDA margin, which is adjusted EBITDA as a percentage of revenue, was 12.3 percent for the second quarter of 2014, compared to 10.6 percent in the second quarter of 2013. Net income was $7.9…

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Cat is Up, But Down

July 29, 2014 – Caterpillar’s second-quarter net income rose 4.1 percent, as the company earned $999 million, versus $960 million in last year’s second quarter. However revenue for the Peoria, Ill.-based company dropped 3.2 percent to $14.15 billion from $14.62 billion.The big issue? Mining equipment. That category fell 29 percent from a year ago in the second quarter. Sales to…

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Martin Marietta Aggregates Volume Up in First Quarter

Martin Marietta Materials Inc. reported its results for the first quarter ended March 31, 2014. Net sales increased 10 percent, resulting in gross margin expansion and improved profitability, according to the company. Aggregates product line volume was up 8 percent. Ward Nye, President and CEO of Martin Marietta Materials, stated: “Our first-quarter 2014 results reflect the continued economic momentum from 2013’s…

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NSSGA Grassroots Awards Presented at Annual Convention

NSSGA recognized the outstanding grassroots contributions made by three dedicated individuals for their efforts throughout 2013 during its Honor Awards Ceremony on March 4 at NSSGA’s annual convention in Las Vegas. Astec Industries’ Joe Vig was presented with the “Grasstops CEO of the Year” award, John Hay of Oldcastle, Inc., was recognized as the Grassroots Coordinator of the Year and…

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