Vulcan Materials acquired Petaluma, Calif.-based Shamrock Materials, a six-decade-old company and one of the largest suppliers of concrete and paving materials to San Francisco’s North Bay area.
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Vulcan Materials Acquires Aggregates USA
Vulcan Materials Co. has reached a definitive agreement with SPO Partners to acquire its aggregates business, Aggregates USA LLC, for $900 million in cash. Aggregates USA operates 31 facilities serving high-growth markets in Georgia, Florida, Tennessee, South Carolina and Virginia.
Read MoreVulcan Materials’ First-Quarter Revenues up 4 Percent
Vulcan Materials Co. announced results for the first quarter ended March 31, 2017. Net earnings were $45 million and Adjusted EBITDA was $149 million. The company’s first quarter results “reflect solid price growth in aggregates, the continuing recovery in construction materials demand and strong profitability in its Concrete and Asphalt segments,” according to the company.
Read MoreTwo Vulcan Quarries in North Carolina Achieve Environmental Accolades
Vulcan Materials Co. demonstrated its commitment to environmental stewardship by achieving Wildlife Habitat Council (WHC) Conservation Certification at two North Carolina quarries – Pineville and Hendersonville.
Read MoreENVIRONMENT – MARCH 2017
Aggregates Industries Quarry Could Protect D.C. Water Supply WTOP in Washington, D.C., is reporting that local water officials are looking into the possibility of utilizing Aggregates Industries’ Travilah Quarry in Rockville, Md., to provide water storage for the local D.C., Maryland and Virginia water utilities in the event that water from the Potomac River would become unavailable or undrinkable. The…
Read MoreVulcan’s Cabarrus Quarry Receives National Recognition
Vulcan Materials Co. announced that its Cabarrus Quarry in Concord, N.C., received an Excellence in Community Relations Gold Award from the National Stone, Sand and Gravel Association (NSSGA). This top level national award recognizes a superior level of active involvement with and positive contributions to the facility’s neighboring community. In addition, the quarry achieved Wildlife Habitat Council (WHC) conservation recertification…
Read MoreVulcan, Nature Preserve Collaborate on Conservation Project
Vulcan Materials Co. announced that it has received certification from the Wildlife Habitat Council (WHC) for its efforts to protect, enhance and monitor wildlife and habitat restoration projects at Ruffner Mountain Nature Preserve.
Read MoreBaker Takes Executive Role at Vulcan
Thompson (Tom) S. Baker II has taken an executive role as a senior vice president of Vulcan Materials Co. Baker was previously CEO of both Patriot Transportation Holding Inc. and FRP Holdings Inc. He held the chief executive position at the two Jacksonville-based companies since they split into separate public companies two years ago, according to the Jacksonville Daily Record. His family…
Read MoreGeorgia Construction Aggregate Association Names New Board Members
The Georgia Construction Aggregate Association is proud to announce the addition of three new members to its board of directors and the naming of Travis Miller of Blue Grass Materials as president of the board. Representing Georgia’s aggregate industry producers, these individuals will assist the association in its mission to serve as the leading voice for the aggregates industry in…
Read MoreFIRST LOOK – MARCH 2017
TOP NEWS Martin Marietta Makes Waves Martin Marietta Materials Inc. reported record results for the fourth quarter and full year 2016. For the fourth quarter of 2016, Martin Marietta achieved net sales of $889.0 million compared with $780.8 million in the 2015 fourth quarter. New Enterprise Buys New Enterprise Stone & Lime Co. Inc. acquired the core assets of Berks…
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