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…
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Vulcan 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…
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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…
Read MoreA Quarry Turned City Park
By Tom Carroll What if you could see some of North Carolina’s diverse geology by taking less than one hour and making only one stop at an urban city park rather than having to drive more than 700 hundred miles to do so? Sounds impossible doesn’t it? Well, it isn’t. You can do that and more with a visit to…
Read MoreFirst Look – March 2022
TOP NEWS Vulcan Reports Excellent 2021 ResultsVulcan Materials Co. announced results for the quarter ended Dec. 31, 2021. The company is reporting that total revenues increased 37% to $1.606 billion, driven by the addition of U.S. Concrete (USCR) operations as well as strong growth in the company’s legacy aggregates business. For the full year 2021, the company is reporting that…
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