aggregate producers
Nye, Martin Marietta look ahead as top-ranked producer
The completion of Martin Marietta Materials Inc.'s acquisiton of Texas Industries Inc. means Martin Marietta is now the largest aggregate-producing company in the United States. The combination of Martin Marietta, which ranks second on Pit & Quarry's MegaProducers 2014 list,… Keep Reading
MSHA details violations of California operation
Inspectors issued 172 citations, 21 orders and two safeguards during special impact inspections conducted at two metal/nonmetal mines and 10 coal mines, according to MSHA. MSHA shared one operation's inspection details: BCJ Sand and Rock Inc. of Butte County, Calif.… Keep Reading
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
