Tags: Martin Marietta

Lawsuit filed against directors of Martin Marietta

Jul 15, 2014

Lawsuit filed against directors of Martin Marietta

An investor in shares of Martin Marietta Materials has filed a lawsuit against directors of the company. The investor alleges that there were breaches of fiduciary duties. The lawsuit claims that material information in the prospectus that was filed in conjunction ...

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Martin Marietta completes $3.3 billion acquisition of Texas Industries

Jul 03, 2014

Martin Marietta completes $3.3 billion acquisition of Texas Industries

Martin Marietta Materials has completed its acquisition of Texas Industries, The Dallas Morning News reports. When announced in January, the deal was valued at $2.7 billion. But the report notes that Martin Marietta’s stock is up 25 percent since then, putting ...

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Shareholders approve Martin Marietta acquisition of Texas Industries

Jul 01, 2014

Shareholders approve Martin Marietta acquisition of Texas Industries

Martin Marietta Materials and Texas Industries have each received approval from their shareholders for the two companies to merge, investment research site Zacks reports. The two companies announced the acquisition in January and earned approval from the U.S. Department of Justice ...

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Martin Marietta earns DOJ approval of $2.7 billion Texas Industries acquisition

Jun 27, 2014

Martin Marietta earns DOJ approval of $2.7 billion Texas Industries acquisition

Martin Marietta Materials can move forward with its purchase of Texas Industries following a deal with the U.S. Department of Justice (DOJ). Martin Marietta President and CEO Ward Nye and Texas Industries Executive Vice President and CFO Anne Lloyd announced the ...

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How one quarry brings focus to environment, community and safety

May 29, 2014

How one quarry brings focus to environment, community and safety

Environmental conservation, community relations and safety are all important aspects of a successful quarry operation, and San Antonio, Texas-based Beckmann Quarry puts a strong focus on all three. The quarry, a Martin Marietta Materials operation, implements a variety of unique approaches ...

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State and Province News May 2014

May 01, 2014

To keep up to date with this breakdown of news in the United States and Canada, visit www.AggMan.com for daily updates.   by Therese Dunphy, Editor-in-Chief tdunphy@randallreilly.com     Alabama Kane Barker, an assistant professor of chemistry and chair of the Department of Natural Sciences at Shorter University, received ...

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A Merger of Equals

May 01, 2014

by Therese Dunphy, Editor-in-Chief tdunphy@randallreilly.com As we wait for Martin Marietta’s acquisition of Texas Industries to clear regulatory approval, another industry merger is set to change the face of the construction materials market — both domestically and globally. On April 7, the ...

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Differing Perspectives

May 01, 2014

Administrative law judges take different viewpoints on pre-shift examinations and MSHA inspections.   by Dana M. Svendsen   During Mine Safety and Health Administration (MSHA) inspections, disputes between operators and inspectors can arise over whether an observed condition is a defect or whether a ...

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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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Top Round Pick

Mar 01, 2014

Top Round Pick

With the acquisition of Texas Industries, Martin Marietta is poised to claim the top slot among U.S. aggregates producers.   by Therese Dunphy, Editor-in-Chief   If its $2.7 billion acquisition of Texas Industries goes through during the second quarter of this year as planned, ...

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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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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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