Ready mixed producer market confidence climbs

Based on National Ready Mixed Concrete Association Producer Confidence Survey responses in April, the latest industry confidence index reached a 75.1 level for the first quarter of 2015—against the backdrop of a stock market at historic highs, companion economic indicators positive, and industry volume reports showing 2014 as the first year since 2008 when U.S. per capita ready mixed concrete consumption exceeded one yard.

 
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Shareholders, Feds clear Martin Marietta, TXI merger

Sources: Martin Marietta Materials, Raleigh, N.C.; U.S. Department of Justice Antitrust Division; CP staff

Five months of shareholder guidance and regulatory review appear to have gone according to script for Martin Marietta, which is on track to promptly consummate a merger positioning it as the largest U.S.-based aggregate, cement and ready mixed producer.

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