Jerry F. Perkins Jr. Vulcan Materials Co. named new division presidents for its Southern and Gulf Coast Division, headquartered in Birmingham, Ala.; and its Central Division, headquartered in Nashville, Tenn. Jerry F. Perkins Jr., general counsel and corporate secretary has been named to the position of president, Southern and Gulf Coast Division, effective May 1. In his new role, Perkins will have…
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Vulcan Partnership Supports Historically Black Colleges and Universities
The Vulcan Materials Co. Foundation announced a new grant initiative to support select Historically Black Colleges and Universities (HBCUs) in key areas of the Southeastern United States that are part of the company’s nationwide footprint.
Read MoreFIRST LOOK – MARCH 2019
TOP NEWS AGG1 More than 10,000 people attended the 2019 AGG1 Academy & Expo and World of Asphalt shows. Rain, sleet, snow and high winds couldn’t prevent record-setting attendance numbers Martin Marietta Materials Martin Marietta Materials Inc. reported record results for the fourth quarter and year ended Dec. 31, 2018. The company is reporting total revenues of $1,020,218 for the…
Read MoreVulcan Aggregates Shipments up 10 Percent in 2018
Vulcan Materials Co. announced results for the fourth quarter and year ended Dec. 31, 2018. Net earnings were $124 million and Adjusted EBITDA was $286 million in the fourth quarter. For the full year, net earnings were $516 million and Adjusted EBITDA was $1.132 billion (an increase of 15 percent) despite significantly higher energy costs.
Read MoreTexas Legislator Files Bill to Address Concrete Crushing, Ready-Mix Plants
Texas State Senator Donna Campbell (R-District 25) filed Senate Bill 208 to extend requirements for setbacks, or buffer zones, around concrete facilities and concrete-crushing operations. If passed, the bill would double the current 440 yd. requirement between concrete plants and existing residences, schools and churches to 880 yd., or a half mile. It would also expand the zone of people…
Read MoreFIRST LOOK – DECEMBER 2018
TOP NEWS Martin Marietta’s Record Results Martin Marietta Materials Inc. reported record results for the third quarter ended Sept. 30. The company is reporting total revenues of just over $1.2 billion versus just under $1.1 billion for the year-ago period. Luck Stone Expands in Southeast Luck Stone, the crushed stone and aggregates division of Luck Companies, has significantly broadened its footprint into…
Read MoreVulcan Donates to College Heavy Equipment Scholarships
Vulcan Materials recently awarded $8,000 to Wilkes Community College in North Carolina to use for student scholarships. These scholarships are awarded to incoming freshmen students enrolled in the Diesel and Heavy Equipment Technology.
Read MoreVulcan Announces Third Quarter Aggregates Increases
Vulcan Materials Co. announced results for the third quarter ended Sept. 30, 2018. Third quarter earnings from continuing operations were $180 million, or $1.34 per diluted share. Net earnings increased 65 percent to $179 million and Adjusted EBITDA increased 13 percent from the prior year’s third quarter to $353 million.
Read MoreFIRST LOOK – AUGUST 2018
TOP NEWS Sand Book Author Blasted In advance of a new book getting ready to hit the market, “The World in a Grain: The Story of Sand and How It Transformed Civilization,” the L.A. Times allowed its author, Vince Beiser, to write an opinion piece, which was blasted by industry professionals. Hillhead a Success Officials from Hillhead 2018 in Buxton, England, said there…
Read MoreVulcan’s Aggregates Division Paces Strong Quarter
Vulcan Materials Co. announced results for the second quarter ended June 30. Second quarter net earnings were $160 million. Earnings from continuing operations of $160 million compared favorably to $112 million in the prior-year period.
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