Ready mix production is a tough, real-time business. A couple dozen significant things can go wrong on any day, at any time, and in any order. No wonder we are just about the hardest working industry per EBITDA point (earnings before interest, taxes, depreciation and amortization) in North America.
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Major operators affirm strong deliveries in peak season
Fall 2013 saw the release of one set of positive quarterly financials after another from New York Stock Exchange-traded companies with integrated U.S. concrete, aggregate, cement and asphalt businesses. Uniformly upbeat sales, EBITDA (earnings before interest, taxes, depreciation and amortization) and net earnings reports encompass the peak 2013 construction season; MDU Resources Group summing up conditions likely shared with peers: “The [Knife River] construction materials group had its best quarter since 2007.”
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