The Georgia Construction Aggregate Association (GCAA) Annual Midyear Meeting was a great success, according to Executive Director Jeff Wansley. The meeting was held on June 23-26 at the Ponte Vedra Inn & Club in Ponte Vedra Beach, Fla. More than 220 attended the event, including producer and associate members and their families.
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Vulcan Adds Kennard to Board
Vulcan Materials Co. announced the election of Lydia H. Kennard to its board of directors, effective immediately. Kennard will serve on the Audit and Safety, Health, and Environmental Affairs committees of the board.
Read MoreJust …. No!
If I had any hair to tear out, this month I would be tearing my hair out while yelling, “Just … No!” First, the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) has launched a new enforcement initiative to “better protect the nation’s miners from health hazards resulting from repeated overexposure to respirable crystalline silica.” MSHA said that…
Read MoreStriking Out in Illinois
June 20, 2022 – Strikes are bad for business. A strike among construction equipment operators that began last week against three companies that operate 35 quarries throughout Illinois is affecting roadwork in Westchester, Ill., according to the Village Free Press. Local 150 of the International Union of Operating Engineers went on strike on June 7. The union called the strike against…
Read MoreFirst Look – June 2022
TOP NEWS Martin Marietta Hits Record RevenuesMartin Marietta Materials Inc. reported results for the first quarter ended March 31. The company is reporting record first-quarter consolidated revenues of $1.147.8 billion compared to $921.9 million in last year’s first quarter, a 24.5% increase. Vulcan Reports Strong QuarterVulcan Materials Co. announced results for the quarter ended March 31. Total revenues increased 44%…
Read MoreVulcan Hosts GCAA Environmental Committee
Vulcan Materials hosted members of the Georgia Construction Aggregate Association (GCAA) Environmental Committee and key staff from the Georgia Department of Environmental Protection Division (EPD) on May 17 at its Kennesaw quarry.
Read MoreMexico Halts Vulcan Operation
Vulcan Materials Co. provided an update with respect to its Mexican SAC TUN operations. The company confirmed that the Mexican government has suspended the three-year customs permit granted in March 2022 to the Mexican subsidiary of the company and has begun a proceeding that could result in the revocation of that permit. A decision to maintain or revoke the permit…
Read MoreHill Sees Bright Year Ahead
May 3, 2022 – Vulcan Materials just reported a big first quarter, with total revenues increasing 44% to $1.541 billion. Regarding the company’s full-year outlook, Tom Hill, Vulcan Materials’ chairman and chief executive officer said, “We reiterate our full-year Adjusted EBITDA range of $1.72 to $1.82 billion. In the first quarter, we capitalized on the considerable momentum in our business, growing…
Read MoreVulcan Materials Reports Huge First Quarter
Vulcan Materials Co. announced results for the quarter ended March 31. Total revenues increased 44% to $1.541 billion, up from $1,068 billion in 2021, driven by the addition of U.S. Concrete (USCR) operations as well as price and volume growth in the company’s legacy businesses. Average selling prices increased in each product line, helping to offset inflationary pressures. Same-store aggregates…
Read MoreVulcan Addresses Business Operations in Mexico
Vulcan Materials Co. provided an update with respect to its Mexican operations. “We are making progress in our discussions with the government of Mexico,” said Tom Hill, chairman and CEO of Vulcan Materials. “Earlier this year, Mexico delayed issuing a historically routine three-year customs permit for Vulcan’s deep-water port at Punta Venado. In March, we received that customs permit, which…
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