Ward Nye
New Martin Marietta quarry represents record investment
Martin Marietta held a ribbon-cutting ceremony for the opening of a $158 million, rail-connected limestone quarry in Hondo, Texas. According to Martin Marietta, the site, known as Medina Rock & Rail, is the company’s largest capital investment to date. Before… Keep Reading
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
2015/16 State of the Industry
This year has delivered big developments for the aggregates industry, and 2016 promises even more. The biggest news comes from Washington, with the U.S. House of Representatives and Senate each passing six-year highway bills, the first real hope for long-term… Keep Reading
Martin Marietta names executive vice president
Martin Marietta Materials Inc. named Roselyn R. Bar executive vice president of the company. Bar joined Martin Marietta in 1994 and had served as the company's senior vice president, general counsel and corporate secretary since 2005. She was promoted to… Keep Reading
Martin Marietta boasts second quarter improvements
Martin Marietta Materials released the results for the second quarter. The company reported consolidated net sales of $850.2, a 41 percent increase compared to the second quarter of 2014. The aggregates product line volume increased 7.8 percent and the aggregates… Keep Reading
Nye looks forward, back for Martin Marietta
Ward Nye, chairman, president and CEO of Martin Marietta Materials Inc., offered some perspective on the company's recent performance and an outlook for the remainder of 2015 upon the release of Martin Marietta's latest quarterly report. According to Nye, the… Keep Reading
Aggregates volume, pricing growth drive Martin Marietta’s first quarter
Martin Marietta Materials Inc. experienced improved margins and increased profitability during the first quarter of 2015. In fact, Martin Marietta reports it achieved a first-quarter profit for the first time in seven years. Ward Nye, Martin Marietta's chairman, president and… Keep Reading
Martin Marietta shares expectations for 2015
Nonresidential construction is expected to increase. Residential construction should continue to grow. Energy-related economic activity is anticipated to remain strong. And highway funding should remain stable. Taking these factors into account, Martin Marietta expects its business to increase this year… Keep Reading