aggregate producers
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
British Columbia company receives production permit after six-year wait
Highbank Resources received approval to begin production of the Swamp Point North Aggregate Project north of Prince Rupert, British Columbia, Canada. According to Financial Press, Highbank has an aggregate resource of more than 70 million tons. “This permit is a… Keep Reading
Vulcan names board member, completes sale
Grayson Hall was elected a director at Vulcan Materials Co., replacing Ann McLaughlin Korologos. Hall is chairman, president and CEO of Regions Financial Corp. McLaughlin Korologos is a former U.S. secretary of labor. According to a press release, Vulcan's 12-member… Keep Reading
Luck’s remote control technology recognized with safety award
The National Institute of Occupational Safety and Health (NIOSH) bestowed Luck Stone, a Richmond, Va.-based company, with its inaugural award for mine safety and health technology innovations in the stone, sand and gravel sector. According to a press release, the… Keep Reading
Vulcan’s James offers insight for year ahead
What's in store for Vulcan Materials Co. over the next 11 months? Don James, Vulcan's chairman and CEO, says he expects aggregates demand in a number of markets to increase over the prior year for the first time in a… Keep Reading
