economics
Martin Marietta anticipates further growth in 2016
Martin Marietta Materials Inc.'s shipments to the infrastructure market increased 5 percent last year. According to the company, which recently released its fourth-quarter and 2015 year-end performance report, the growth reflects state-level funding initiatives that are positively impacting key states… Keep Reading
Martin Marietta reports quarterly sales records
Martin Marietta Materials Inc., which released its fourth-quarter and 2015 year-end performance report, established quarterly company records for net sales and profitability. According to Ward Nye, chairman, president and CEO of Martin Marietta, strong pricing, disciplined execution of the company's… Keep Reading
Vulcan sets expectations for 2016
Economists say to expect growth in construction materials demand this year. Vulcan Materials Co., one of the nation's largest aggregate producers, expects growth, as well. According to Vulcan, which recently released its fourth-quarter performance report, the company expects overall demand… Keep Reading
Vulcan reports fourth-quarter growth
Vulcan Materials Co. released its fourth-quarter results, reporting 14 percent higher revenues over the prior year's fourth quarter. According to Vulcan, gross profit and gross profit margins improved in the company's aggregates, asphalt and concrete segments. The company achieved its… Keep Reading
NSSGA commissions Pit & Quarry contributor for market forecast
S-C Market Analytics, a construction materials forecasting company whose chief economist contributes regularly to Pit & Quarry, produced a report commissioned by the National Stone, Sand and Gravel Association (NSSGA) about the anticipated impact of the FAST Act on aggregates… Keep Reading
Pit & Quarry Roundtable draws nearly 50
The Pit & Quarry Roundtable & Conference took place Jan. 12-14 in Fort Lauderdale, Fla., uniting aggregate producers, manufacturers and allied trade representatives in an idea-exchanging forum. The event, which was sponsored by Am Cast, Philippi-Hagenbuch, Sandvik Mining & Construction,… Keep Reading
Martin Marietta to host day for analysts, investors
Martin Marietta Materials Inc. plans to host an analyst and investor day May 9 in Dallas. Registration at the event begins at 9 a.m., and management presentations will begin at 10 a.m. The event includes a tour of the company’s… Keep Reading
New construction starts climb 13 percent
New construction starts in October advanced 13 percent to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics. The increase follows the lackluster performance for construction starts during August and September, when activity fell to… Keep Reading
FMI Corp., Results Canada announce partnership
FMI Corp. and Results Canada cooperatively launched FMI Results to help mid-market engineering and construction businesses realize growth. “FMI is excited to be partnering with Results Canada,” says Chris Daum, president and CEO of FMI Corp. “Our alliance leverages Results… Keep Reading
