Vulcan Materials Co. announced that it has entered into a definitive agreement to acquire Wake Stone Corp., a leading pure-play aggregates supplier in the Carolinas. This value-enhancing acquisition is expected to provide more than 60 years of quality hard rock reserves to serve attractive high-growth geographies, most notably Raleigh, N.C. Tom Hill, Vulcan’s chairman and chief executive officer said, “We…
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Permitting Update: North Carolina
Wake Stone Corp. plans to create a rock quarry on 105 acres it has leased from Raleigh-Durham International Airport. Now opponents of the quarry say they’ve discovered a 48-year-old surveying error that reduces the airport’s property by as much as 14 acres. They say that land was purchased by the National Park Service in 1937 and turned over to the…
Read MorePermitting Update: North Carolina
Environmental regulators in Gov. Roy Cooper’s administration have given up their fight with Wake Stone Corp. over a proposed quarry next to William B. Umstead State Park, despite objections from Cooper himself and the state agency that oversees the park. DEQ and Wake Stone have agreed to settle a dispute over a permit that would allow the company to expand…
Read MoreWake Stone Makes Large Donation To Playground Project
Wake Stone Corp. announced a donation to the town of Knightdale, N.C., for the development of an inclusive playground at Harper Park. The $226,000 donation is a matching fund commitment that will directly benefit the pour-and-play footprint of the playground, as well as additional playground equipment. “Wake Stone and our employees are pleased to announce a gift of $226,000 to…
Read MoreWake Stone Makes Its Point
Jan. 19, 2022 – Wake Stone Corp. CEO Samuel T. Bratton penned an opinion piece for the Raleigh, N.C.-based News & Observer that talks about the importance of the company’s Triangle Quarry expansion, which was granted by RDU Airport Authority. His piece comes after the Umstead Coalition’s Natalie Lew – who opposes the quarry expansion – wrote a Jan. 11 op-ed that…
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