Darren Constantino
Court to hear Martin Marietta appeal May 25
Reuters reports that Martin Marietta Materials Inc. has won an expedited appeal of the May 4 ruling that barred it from pursuing its offer for Vulcan Materials for four months. The Delaware Supreme Court, says Reuters, has agreed to hear… Keep Reading
Court denies Martin Marietta’s motion for a stay
Vulcan Materials Co. says a court has denied Martin Marietta Materials' motion for a stay on an order barring it from pursuing a $5.3-billion hostile takeover of Vulcan Materials for the next four months. The Court of Chancery has issued… Keep Reading
New Leadership at IMA-NA and NISA
David Brown, president and CEO of Billings, Mont.-based Wyo-Ben Inc., was elected chairman of the Industrial Minerals Association - North America (IMA-NA). At the same event, Wade Sjogren, president of Bridgeton, N.J.-based Whibco Inc., was elected chairman of the National… Keep Reading
Judge rules in Vulcan Materials’ favor; Martin Marietta to appeal
Judge Leo E. Strine Jr. of the Delaware Chancery Court made a decision to block Martin Marietta Materials for a period of four months from prosecuting a proxy contest, making an exchange or tender offer, or otherwise taking steps to… Keep Reading
Change for the better
Pit & Quarry has been around for a long time—nearly 100 years. Just before I first started on the magazine in early 1988, the parent company was Harcourt, Brace, Jovanovich (HBJ). Beginning soon after, as is often the case in the… Keep Reading
Lafarge turns over mining rights across 1,300 acres
Lafarge North America has come to terms with government agencies and jurisdictions to turn over land leases in an effort to preserve the land in and around the Rocky Flats National Wildlife Refuge. Lafarge held leases to extract sand and… Keep Reading
Vulcan Materials’ letter urges shareholders to reject takeover offer
Vulcan Materials Co. has filed definitive proxy materials with the Securities and Exchange Commission in connection with its 2012 annual meeting of shareholders, to be held on June 1. The company's board of directors has also sent a letter urging… Keep Reading
Vulcan Materials announces earnings improvement
Vulcan Materials Co., the nation's largest producer of construction aggregates, today announced what it calls significantly improved results for the first quarter ended March 31. Don James, chairman and CEO, said, "Our aggregates business delivered another quarter of strong improvement… Keep Reading
IMA-NA announces safety award winners
The Industrial Minerals Association - North America (IMA-NA) announced the winners of its safety recognition awards. IMA-NA Chairman Kevin Porterfield and IMA-NA President Mark Ellis presented the awards at the IMA-NA’s Spring Meeting in Washington, D.C. The safety recognition awards… Keep Reading