Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff
Year-over-year sales and profit gains, bolstered by core aggregate operations’ higher shipments and pricing conditions, plus better than anticipated Texas Industries merger results, have Martin Marietta enjoying investor confidence approximating pre-recession levels.
Read MoreSources: Vulcan Materials Co., Birmingham, Ala.; CP staff
Lafarge North America has sold five ready mixed concrete, three asphalt and three aggregate operations serving the Albuquerque, Rio Rancho and Santa Fe, N.M., markets. The integrated properties comprise one of six third-quarter acquisitions through which Vulcan Materials invested nearly $320 million emanating from the sale of Florida concrete and cement production assets earlier this year.
Read MoreSources: Pacific Business News; The Mills Group, Honolulu; NOV Ameron, Honolulu; CP staff
Closing a July 1 deal with Houston-based National Oilwell Varco, Mills Group has added to its real estate development and investment business Ameron Hawaii’s Oahu and Maui ready mixed, precast and aggregate operations.
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