Tags: Martin Marietta

Martin Marietta’s acquisition of Texas Industries pays off in Q3

Nov 06, 2014

Martin Marietta’s acquisition of Texas Industries pays off in Q3

Martin Marietta Materials benefited greatly in the third quarter of 2014 thanks to its acquisition of Texas Industries. The company reported a 53 percent growth in net sales. “Third-quarter 2014 results reflect the acquisition of TXI, the benefits of our larger ...

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Hitting a safety milestone

Nov 01, 2014

Hitting a safety milestone

Martin Marietta’s Beckmann Quarry recently achieved a remarkable milestone — 2 million consecutive employee hours without a reportable incident. The operation’s safety track record extends back to 2007 when it set its sights on becoming a world-class operation in terms ...

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State and province news

Nov 01, 2014

California The Humboldt County Board of Supervisors straw voted through the draft General Plan’s Mineral Resources section during a review meeting, discussed the environmental impacts of mining on riverbeds, and laid the groundwork for extending the time period between mining permit ...

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DOL and industry roundtable convenes to talk roads, jobs, and safety

Oct 31, 2014

DOL and industry roundtable convenes to talk roads, jobs, and safety

Collaboration with the aggregates industry regarding challenges facing it and the nation was the focus of an Oct. 20 roundtable convened by Secretary of Labor Tom Perez, with input from Assistant Secretary of Labor Joe Main. The roundtable included members ...

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Martin Marietta: New Look vs. Old Look

Oct 07, 2014

Martin Marietta: New Look vs. Old Look

  If you've checked out MartinMarietta.com recently, you may notice a completely new look. The company has rebranded its name, website and logo. The company is now known as just “Martin Marietta.” The sleek new website includes a product calculator, safety initiatives, ...

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Vulcan purchases operations from Martin Marietta

Aug 19, 2014

Vulcan purchases operations from Martin Marietta

Vulcan Materials has acquired one quarry in southern Oklahoma with rail distribution capabilities into Texas, and two distribution yards in the Dallas area from Martin Marietta Materials. The acquisition increases Vulcan's footprint in the Texas market. "Texas is a strategic market for us," ...

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Virginia aggregate producers win statewide awards

Aug 06, 2014

Virginia aggregate producers win statewide awards

VTCA, in conjunction with the Virginia Department of Mines, Minerals and Energy - Division of Mineral Mining, presented statewide awards. Safety awards were given to Luck Stone, Aggregate Industries and Luck Sand & Gravel. Luck Stone also took home the overall winner ...

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Martin Marietta reports huge 2nd quarter profits

Jul 31, 2014

Martin Marietta reports huge 2nd quarter profits

Martin Marietta Materials has reported strong second quarter earnings of $1.34 per share compared to 89 cents per share in the second quarter of 2013. Revenue for the company totaled $669.2 million, up from $561.3 million during the same period last ...

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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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