aggregate producers
Vulcan’s fourth-quarter revenue exceeds previous year’s mark
Vulcan Materials Co. reported $470 million in fourth-quarter aggregates revenue, as well as $112 million in gross profit – increases of 14 and 37 percent, respectively, versus the company's 2012 fourth quarter. In addition, Vulcan's gross profit per ton of aggregates… Keep Reading
Nye expects additional economic growth for Martin Marietta in 2014
Ward Nye, president and CEO of Martin Marietta Materials Inc., offered a positive industry outlook for 2014 upon the release of his company's fourth quarter results. "We are encouraged by various positive trends in our business and markets, especially in… Keep Reading
Nonresidential market drives Martin Marietta’s fourth quarter
Martin Marietta Materials Inc.'s nonresidential and residential aggregates product line shipments experienced double-digit volume growth in the fourth quarter last year, driving a 67 percent increase in earnings per diluted share over the company's 2012 fourth quarter. In addition, Martin… Keep Reading
One-hundred-acre Georgia quarry sold
Stephens MDS LP acquired the 100‐acre granite quarry in College Park, Ga., from Bluegrass Materials Co. The transaction closed Jan. 22 for an undisclosed sum. According to a press release, Bluegrass Materials had purchased the quarry along with three other… Keep Reading
Vulcan selling cement, concrete operations in Florida
Vulcan Materials Co. has agreed to sell cement and concrete businesses in Florida and Georgia to Cementos Argos for $720 million. According to a press release, Vulcan is retaining all of its aggregates operations in Florida. Vulcan is selling businesses… Keep Reading
Lafarge operation counting on expansion to remain viable
Lafarge North America's Redlands Quarry in Lockport, N.Y., needs to expand to stay in business, the company said Jan. 6 upon receiving the city planning board's recommendation to expand. The company says it will be able to continue business in… Keep Reading
Vulcan makes four changes at executive level
Vulcan Materials Co. announced several leadership changes for 2014. One change is that Tom Hill, previously senior vice president of Vulcan's South Region, was promoted to executive vice president and COO for the company. Hill joined Vulcan in 1979. In… Keep Reading
Aggregates USA names CEO
The board of directors at Alabama-based Aggregates USA LLC unanimously elected Bill Niketas as the company's CEO earlier this year. Niketas previously served as Aggregates USA's CFO. He succeeds J. Stuart Ryan, who served the company for two years as… Keep Reading
Summit Proppants to produce frac sand in Missouri
Summit Proppants was granted a mining permit from the Missouri Department of Natural Resources that will allow it to begin mining sand near Farmington, Mo. According to a press release, the oil and gas industry will use the sand as… Keep Reading
