Tags: Martin Marietta Materials

Martin Marietta Materials elects President and CEO Ward Nye as chairman of the Board

Apr 18, 2014

Martin Marietta Materials elects President and CEO Ward Nye as chairman of the Board

Ward Nye, president and CEO of Martin Marietta Materials, will take over as chairman of the company’s Board of Directors next month. Current chairman Stephen P. Zelnak, Jr. will retire from his role on May 22, 2014, following the company’s Annual ...

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Publicly traded companies report positive trends

Apr 01, 2014

Publicly traded companies report positive trends

  After a significant wave of activity last month, there is little to report this month. At the same time, the news from the sector is positive, with a strong showing by many of the publicly traded companies for the fourth ...

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M&A Activity Off to a Fast Start

Mar 01, 2014

M&A Activity Off to a Fast Start

By George H. Reddin   After a, relatively speaking, quiet 2013, merger and acquisition activity is off to a feverish pace in 2014. Divestitures by Lafarge and Vulcan, and a merger between Martin Marietta and Texas Industries led the way. We have ...

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Data Mining

Feb 01, 2014

Data Mining

Martin Marietta buys Texas Industries

Jan 28, 2014

Martin Marietta buys Texas Industries

In a Jan. 28 joint presentation, Ward Nye, president and CEO of Martin Marietta; Anne Lloyd, executive vice president and CFO of Martin Marietta; and Mel Brekhus, president and CEO of Texas Industries spelled out the terms of Martin Marietta’s ...

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Martin Marietta could acquire Texas Industries

Jan 27, 2014

Martin Marietta could acquire Texas Industries

Martin Marietta Materials may soon acquire construction supplies company Texas Industries. Martin Marietta is in late-stage talks to acquire the company, according to a report Friday from the New York Times. This is not the first time Martin Marietta and Texas Industries ...

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Martin Marietta wins planning commission approval for increased granite production in Minnesota

Jan 22, 2014

Martin Marietta wins planning commission approval for increased granite production in Minnesota

Martin Marietta Materials is one step closer to doubling its granite production in Minnesota. During a meeting Tuesday night, the Waite Park Planning Commission in Waite Park, Minnesota, decided to recommend the City Council amend the conditional use permits for two ...

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Martin Marietta seeks permission to double granite production in Minnesota

Jan 21, 2014

Martin Marietta seeks permission to double granite production in Minnesota

Martin Marietta Materials is seeking permission to double its granite production at its quarries in Waite Park, Minnesota, St. Cloud Times reports. The company wants to amend the permits for its Rainbow Quarry and its North Quarry, allowing an increase in ...

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Data Mining

Dec 01, 2013

Data Mining

Martin Marietta obtains water withdrawal permit for North Carolina operation

Nov 19, 2013

Martin Marietta obtains water withdrawal permit for North Carolina operation

The North Carolina Department of Environmental and Natural Resources (NCDENR) announced Friday that its Division of Water Resources has issued a water withdrawal permit to Martin Marietta Materials. The permit will allow Martin Marietta to remove up to 12 million gallons ...

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Balance sheet management continues among operators

Nov 01, 2013

Balance sheet management continues among operators

  Corporate divestitures once again dominated the activity last month, with Lafarge North America, Inc. and Vulcan Materials Co. leading the way. Balance sheet management continues to be the emphasis to create liquidity and borrowing capacity to take advantage of when ...

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Martin Marietta requests water discharge permit for proposed North Carolina quarry

Sep 20, 2013

Martin Marietta requests water discharge permit for proposed North Carolina quarry

Martin Marietta Materials may soon operate a limestone quarry in Beaufort County, North Carolina. Area residents are considering the pros and cons of the proposed quarry, pointing to the quarry’s impact on water tables, wells and the Blounts Creek environment as ...

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