Feb. 16, 2023 – In its just released quarterly report, Vulcan Materials reported total revenues of $7.315 billion versus $5.552 billion for full-year 2021, more than a 30% increase. Regarding the company’s outlook, Tom Hill, Vulcan Materials’ chairman and chief executive officer, said, “Most leading indicators of demand remain healthy in the near term, and we carry strong pricing momentum into 2023.…
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Vulcan Materials Looks Ahead
Nov. 5, 2020 – Vulcan Materials’ Chairman and Chief Executive Officer Tom Hill – on the heels of the company’s third-quarter report – looked into his crystal ball, and stated, “Going into 2020, we expected shipment growth; however, in March, that trajectory was disrupted by COVID-19 and the resulting shelter-in-place ordinances. Since then, the economic uncertainty and the evolving nature of the pandemic…
Read MoreVulcan Looks Ahead
Aug. 4, 2020 – Vulcan Materials released its second-quarter report and aggregates sales were up. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “Although the economic environment is showing signs of improvement, the pandemic’s effect on demand and the broader economy remains unclear. As a result, we are not reinstating earnings guidance at this time. While demand is…
Read MoreSummit’s Hill to Step Down; Noonan Named President
Summit Materials Inc. announced that Thomas W. Hill plans to step down from his role as president and chief executive officer and as a member of the board, effective Sept. 1. At that time, Anne Noonan will be appointed president and chief executive officer and as a member of the board. Hill will serve as a senior advisor through the end of…
Read MoreVulcan’s Hill Addresses COVID-19
May 6, 2020 – Tom Hill, chairman and chief executive officer of Vulcan Materials Co., weighed in on COVID-19 and its impact on the company’s operations in its just-released quarterly report. “The impact from the COVID-19 global pandemic continues to evolve quickly, and it is too early to estimate accurately the full-year impact on aggregates demand,” he said. “Because we have…
Read MoreVulcan Posts COVID-19 Resource Page
Vulcan Materials has posted a dedicated COVID-19 page for statements to employees, customers, haulers/logistics and suppliers, according to Janet F. Kavinoky, vice president, external affairs and corporate communications.
Read MoreWillis Joins Vulcan Board of Directors
Vulcan Materials Co. elected George Willis to its board of directors, effective immediately. Willis will serve on the Audit and Safety, Health and Environmental Affairs committees of the board. Willis is the president, U.S. Operations for United Parcel Service (UPS). “We are delighted to welcome George Willis to Vulcan’s board of directors,” said Vulcan Materials Chairman and CEO Tom Hill. “George…
Read MoreVulcan Roars into 2020
Feb. 18, 2020 – Vulcan Materials just reported full-year revenues of $4.9 billion for 2019, up 12% as compared to the prior year, and net earnings of $618 million, an increase of 20%. Regarding the company’s outlook, Tom Hill, chairman and chief executive officer stated, “In 2020, we expect another year of strong earnings growth. Vulcan-served markets should continue to benefit…
Read MoreSummit Materials Details Strong Quarterly, Yearly Results
Summit Materials Inc. announced results for the fourth quarter and full year 2019. For the three months ended Dec. 28, 2019, the company reported net income attributable to Summit Inc. of $35.7 million, or $0.32 per basic share, compared to a net loss attributable to Summit Inc. of $19.2 million, or $(0.17) per basic share in the comparable prior-year period.
Read MoreAggregates Executives in Key ARTBA Board Positions
The American Road & Transportation Builders Association (ARTBA) announced the election of its 2019-2020 officers during a Sept. 23 annual business meeting at the association’s national convention in Savannah, Ga. The board includes several key aggregates executives:
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