aggregate producers
Aggregate Industries U.S. names new COO
Aggregate Industries U.S. appointed Guy Edwards COO. The company says he will focus on strategy implementation and business improvement, as well as assess the structure, efficiency and performance of the organization. “Guy’s industry experience and strategic vision are invaluable for… Keep Reading
Martin Marietta-Texas Industries merger approved by shareholders
Shareholders from both Martin Marietta Materials Inc. and Texas Industries overwhelmingly approved the proposed combination of the two companies at their respective meetings. According to a press release, more than 99 percent of the shares voting at the Texas Industries… Keep Reading
Martin Marietta-Texas Industries deal approved with conditions
The U.S. Department of Justice approved Martin Marietta Materials Inc.’s $2.7 billion purchase of Texas Industries Inc., Bloomberg reports. Part of the approval is a requirement that Martin Marietta sell a few assets. According to Bloomberg, Martin Marietta will sell… Keep Reading
Cemex makes executive-level changes
Cemex, whose CEO and chairman of the board died earlier this month, made several changes to its senior-level organization. According to a press release, Cemex's corporate functions will now be organized into six executive vice presidencies, reporting to new CEO… Keep Reading
Cemex names new CEO, chairman
Cemex announced CFO Fernando Gonzalez is the company's new CEO and Rogelio Zambrano Lozano is now chairman of the board. They replace Lorenzo Zambrano, who died May 12 of heart failure. The company had no succession plan in place, according… Keep Reading
Vulcan posts first-quarter gains
Vulcan Materials Co. released its 2014 first-quarter results, revealing total revenue for its aggregates business segment was up 13 percent and gross profit increased 55 percent compared with last year. "Our aggregates business reported solid growth in the first quarter… Keep Reading
Nonresidential drives Martin Marietta’s first quarter aggregates growth
Martin Marietta Materials Inc. released its first-quarter report April 29, touting net sales increases of 10 percent and increases in aggregate product line volumes. “Our first-quarter 2014 results reflect the continued economic momentum from 2013’s fourth quarter, as well as… Keep Reading
Martin Marietta chairman Zelnak plans to retire
Stephen Zelnak Jr., Martin Marietta Materials Inc.'s chairman of the board, announced he plans to retire May 22 of this year. Ward Nye will take over as chairman and also remain as CEO. According to a press release, Zelnak has… Keep Reading
Lafarge, Holcim to merge into $50 billion company
Lafarge and Holcim are discussing a merger that would create one company whose combined annual sales are about $43 billion. The new company, which the Wall Street Journal estimates would be valued at $50 billion, would be called LafargeHolcim. The… Keep Reading
