The National Stone, Sand & Gravel Association (NSSGA) joined forces with National Ready Mixed Concrete Association, National Asphalt Pavement Association, Associated General Contractors of America and American Cement Association hosting a congressional staff quarry tour to educate a bipartisan group of staffers about the construction materials industry and the vital work of providing the foundational materials for every infrastructure project.
Read MoreTag: vulcan materials
Permitting Update: Georgia
The Superior Court of Jackson County made a final decision on the proposed Vulcan Materials Co. quarry in the southern part of Jackson County on May 21.
Read MorePublic Companies Are Reporting a Mixed Bag
The publicly traded aggregates companies reported results for the fourth quarter and full-year 2024. Here are some of the highlights: Vulcan Materials reported that fourth quarter Aggregates segment gross profit increased 15% to $486 million ($9.02 per ton). Aggregates shipments decreased 3%, reflecting underlying demand as well as the benefit of favorable weather in most markets throughout the quarter. Martin…
Read MoreFIRST LOOK – APRIL 2025
TOP NEWS Vulcan MaterialsVulcan Materials announced results for the quarter and full year ended Dec. 31, 2024. The company said solid operational execution drove margin expansion and its aggregates unit’s profitability growth. “Our aggregates-led business delivered a strong finish to the year. Adjusted EBITDA in the fourth quarter improved 16%, and Adjusted EBITDA margin expanded 370 basis points,” said Tom…
Read MoreVulcan’s Hill Looks Ahead
Feb. 24, 2025 – Vulcan Materials, in its recent quarterly report, announced fourth quarter total revenues of $1.854 billion, versus $1.834 billion in the fourth quarter of 2023. The company announced total revenue for full year 2024 of $7.418 billion versus $7.782 billion in 2023. Regarding the company’s outlook, the company’s Chairman and Chief Executive Officer Tom Hill said, “We carry…
Read MoreVulcan Materials Eyes Double-Digit Growth in 2025
Vulcan Materials announced results for the quarter and full year ended Dec. 31, 2024. The company said solid operational execution drove margin expansion and its aggregates unit’s profitability growth.
Read MoreVulcan Exec Highlights Infrastructure Needs at House Hearing
Vulcan Materials Co. Vice President, External Affairs and Corporate Communications Janet Kavinoky, a National Stone, Sand & Gravel Association (NSSGA) member, testified at the House Transportation & Infrastructure Subcommittee on Highways and Transit, the association said. In the “America Builds: Highways to Move People and Freight” hearing, Kavinoky emphasized the importance of a long-term, predictable funding plan for surface transportation…
Read MoreThe 2024 Regional Pricing Puzzle
Inconsistent Prices, Soaring Transport Costs And Supply Bottlenecks – Why The Aggregates Market Last Year Was Anything But Uniform Across The United States. By Barry Hudson Pricing sand and aggregates in 2024 feels like solving a puzzle where half the pieces are missing. Despite being one of the most critical inputs in construction – used in everything from roads to…
Read MoreFIRST LOOK – JANUARY 2025
TOP NEWS Summit-Quikcrete MergerSummit Materials Inc. has entered into a definitive agreement to be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction combines Summit’s leading aggregates, cement and ready-mix concrete businesses with Quikrete’s leading concrete and cement-based products business to create a vertically integrated,…
Read More2025 Outlook/Forecast
The Aggregates Industry is at a Transition Point as 2025 Begins. So Where Will We Go From Here? By Mark S. Kuhar and Josephine Patterson As we head into 2025, we do so with encouragement, but also uncertainty. The Infrastructure Investment and Jobs Act (IIJA) – which made the single largest dedicated investment in American transportation infrastructure since the construction…
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