Martin Marietta Materials
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
Report: Lafarge merger may result in sale of aggregates assets
The merger agreement between Lafarge and Holcim Ltd. may result in even more buying and selling, Bloomberg reports. That’s because the two companies may be forced to dump some of their assets if they want to comply with the government’s… 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
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
Martin Marietta, Texas Industries approve merger
Martin Marietta Materials Inc. and Texas Industries Inc. approved a merger agreement whereby Martin Marietta will acquire all outstanding shares of Texas Industries’ common stock in a tax-free, stock-for-stock transaction. The combined company, which will operate under the Martin Marietta… Keep Reading
Report: Martin Marietta Materials in talks to buy Texas Industries
Martin Marietta Materials Inc. is in advanced talks to buy construction material supplier Texas Industries Inc., according to a report by Bloomberg News that cites people familiar with the matter. An agreement could be announced as early as this week,… Keep Reading
2014 State of the Industry
The industry is optimistic heading into the new year, and efforts are underway to lobby for an improved highway bill. Although the divide between the nation’s infrastructure needs and the funds available continues to widen, the overall economy is continuing… Keep Reading
Sandvik, Dyno Nobel draw record number to Quarry Academy
Sandvik Construction and Dyno Nobel hosted Quarry Academy 2013, their seventh annual event, in San Antonio from Nov. 12-14. Quarry employees and those who serve the industry participated in the three-day technical course. Their experience included a visit to Martin… Keep Reading
