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…
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The 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…
Read MoreVulcan Materials: Paving the Way Forward
The more than 11,000 men and women at Vulcan Materials are committed to doing the right thing, the right way, at the right time. The recognitions earned over the past year underscore the strength of the company’s culture and the positive impact its employees make. This includes Check out the company’s year-in-review video here.
Read MoreMergers and Acquisitions
Dec. 27, 2024 – It was a huge year for mergers and acquisitions in 2024. The biggest moves of the year came from Summit Materials, which completed its previously announced merger with Argos in January, then in November entered into a definitive agreement to be acquired by Quikcrete. Other large companies were active as well. Vulcan Materials acquired Wake Stone…
Read MoreVulcan Materials Acquires Six Aggregates Operations in California
Vulcan Materials Co. has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P. This value-enhancing acquisition will add six aggregates operations with more than 50 years of quality aggregates reserves to Vulcan’s California franchise.
Read MoreFirst Look – December 2024
TOP NEWS Vulcan MaterialsVulcan 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. Martin Marietta MaterialsMartin Marietta Materials Inc. reported results for the third quarter ended Sept.…
Read MoreThe Vulcan Way
Oct. 30, 2024 – Vulcan Materials reported third quarter results, and once again the company is noting weather-related disruptions as a factor in decreased revenues. The company still expects to have a good year in 2024. But what of 2025? Tom Hill, Vulcan Materials’ chairman and chief executive officer, said, “As we look to 2025, we expect aggregates prices to improve…
Read MorePublicly Traded Companies
Here Are The Latest Reports From Publicly Traded Aggregates Companies, In Alphabetical Order. ArcosaArcosa has entered into a definitive agreement to acquire the construction materials business of Stavola Holding Corp. and its affiliated entities for $1.2 billion in cash, subject to customary post-closing adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the…
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