According to the Independent-Messenger, Vulcan Materials Co. is seeking an expansion of its operation at Skippers Quarry in Virginia. The construction aggregate producer applied for a Natural Resource Overlay District (NROD) designation for an approximately 300-acre expansion of their current mining operation at Skippers Quarry. Greensville County allows property owners to apply for their land to be designated as a…
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First Look – November 2024
TOP NEWS MINExpo 2024 Breaks All RecordsMINExpo 2024, held Sept. 24-26 in Las Vegas, hosted 45,000 attendees and more than 2,000 exhibitors from 148 countries who came to see more than 850,000 sq. ft. of exhibits, breaking all prior show records. MINExpo is the world’s largest mining show and is produced by the National Mining Association (NMA). CDE, Granite Unveil…
Read MoreVulcan Results Down Slightly in Third Quarter
Vulcan Materials Co. announced results for the quarter ended Sept, 30, reporting total revenues of $2,004 billion, versus $2,186 in the third quarter of 2023. Year-to-date, the company is reporting revenues of $5,564 billion versus $5,948 billion for the same period in 2023. Third quarter segment gross profit was $498 million ($8.63 per ton), and gross profit margin expanded 40 basis points. Cash…
Read MoreVulcan Materials Revenues Down Slightly in First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues were $1.546 billion compared to $1.649 billion in the first quarter of 2023. However trailing 12-month revenues were $7.679 billion in the first quarter compared to $7.424 billion in the first quarter of 2023. Aggregates Segment total revenues were $1.291 billion, versus $1.297 billion in the first quarter of…
Read MoreU.S. News and World Report Honors Vulcan
June 7, 2023 – Vulcan Materials Co. was named as one of the top 200 Best Companies to Work For by U.S. News and World Report. The company was also included in the 2023 Fortune 500 list of U.S. companies. “At Vulcan Materials Company we are committed to operating The Vulcan Way – doing the right thing, the right way, at…
Read MoreVulcan Revenues Up 7% in First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31, reporting total revenues of $1.649 billion, versus total revenues of $1.541 billion in the first quarter of 2022, about a 7% increase. Aggregates segment gross profit increased 25% to $303 million ($5.85 per ton). Gross profit margin expanded 170 basis points due to strong pricing growth and solid operational execution. Earnings improvement…
Read MoreSRM Concrete Acquires USC-Atlantic
SRM Concrete acquired USC-Atlantic LLC, a subsidiary of U.S. Concrete Inc., which is wholly owned by Vulcan Materials Co. Included in the acquisition are 28 ready-mix locations in New York, New Jersey and Pennsylvania. CEO Jeff Hollingshead stated, “We are excited to expand into this incredible market. Our newly acquired team possesses great experience, and we look forward to bringing…
Read MoreVulcan Materials Reports 38% Increase in Total Revenues
Vulcan Materials Co. announced results for the quarter ended Sept. 30, reporting total revenues of $2.088 billion versus $1.517 billion in the third quarter of 2021. Year-to-date, the company is reporting total revenues of $5.583 billion versus $3.946 billion over the same period in 2021. Total revenues increased 38%, driven by double-digit growth in the company’s legacy operations as well…
Read MorePublicly Traded Companies
The Industry’s Publicly Traded Companies Provide An Industry Barometer When They Release Their Quarterly Reports. Vulcan MaterialsVulcan Materials Co. announced results for the quarter ended June 30. Total revenues increased sharply from the prior year driven by double-digit growth in the company’s legacy business as well as the addition of U.S. Concrete operations. Total revenues were $1.954 billion, up from…
Read MoreVulcan Materials Acquires Syar Industries
Vulcan Materials Co. has acquired Napa, Calif.-based Syar Industries Inc. Syar is one of the largest independently owned construction materials producers of scale in northern California. The company offers construction aggregates, recycled materials, hot-mix asphalt and ready-mixed concrete. For Syar, more than 70 years of achievement began in 1938 when C.M. “Tony” Syar started his construction business in California with…
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