aggregate producers
Acquisition contributes to Martin Marietta’s quarterly growth
Martin Marietta Materials Inc. released its third-quarter results, reporting a 53 percent growth in net sales that's due in large part to the acquisition of Texas Industries Inc. "Third-quarter 2014 results reflect the acquisition of TXI, the benefits of our… Keep Reading
Nye, Martin Marietta have positive economic outlook
Martin Marietta Materials Inc. noted in its third-quarter report that a number of economic trends are providing signs of encouragement for the industry. For example, Martin Marietta notes that nonresidential construction is expected to increase in both the heavy industrial… Keep Reading
Sand-and-gravel producer acquired in Eagle Ford region
Oklahoma-based Harrison Gypsum acquired The Gravel Co., an aggregate producer located in south Texas. According to a press release, the company will do business as ACG Materials. The Gravel Co. operates from seven locations, producing sand and gravel, limestone and… Keep Reading
U.S. Silica named America’s best small company
U.S. Silica Holdings Inc. was named to Forbes' 36th annual list of America's Best Small Companies, the company announced. U.S. Silica was ranked first among 100 companies with annual sales under $1 billion. According to a press release, the rankings… Keep Reading
Watch a quarry blast at a small Ohio operation
Keeney Sand & Stone, a small family-owned aggregate producer in Painesville, Ohio, invited Pit & Quarry to its operation to see its last quarry blast of 2014. Hilltop Energy, which is based in Lisbon, Ohio, was contracted to perform the… Keep Reading
Slideshow: Keeney Sand & Stone
Pit & Quarry recently visited Keeney Sand & Stone, a small family-run operation based in Painesville, Ohio. The father-and-son team of Dennis and Kevin Keeney lead the operation, which produces six salable products. Most of Keeney's products are used in… Keep Reading
Report: Frac sand demand up significantly, and prices may follow
The Wall Street Journal reports that frackers are expected to use nearly 95 billion lbs. of sand this year, a figure that's up nearly 30 percent from 2013 and up 50 percent from forecasts energy-consulting firm PacWest Consulting Partners made… Keep Reading
VantaCore Partners acquired in deal exceeding $200 million
Natural Resource Partners LP (NRP) signed an agreement to acquire VantaCore Partners LP, a privately held company specializing in the construction materials industry, for $205 million. The deal is expected to close in the fourth quarter this year. According to… Keep Reading
McLanahan fills aggregate processing leadership role
McLanahan Corp. hired industry veteran Mark Krause as general manager of its aggregate processing division. Krause will be based in McLanahan’s office in Gallatin, Tenn., overseeing sales, customer service and engineering personnel at locations throughout the United States. Krause most… Keep Reading
