Tags: Texas Industries

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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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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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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Data Mining July 2014

Jul 01, 2014

Data Mining July 2014

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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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Data Mining June 2014

Jun 01, 2014

Data Mining June 2014

   

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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Data Mining May 2014

May 01, 2014

Data Mining May 2014

   

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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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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