Tags: Texas Industries

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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Data Mining

Dec 01, 2013

Data Mining

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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Construction forecast holds promise, highways remain flat

Sep 01, 2013

Construction forecast holds promise, highways remain flat

By George H. Reddin Earnings reports from the construction aggregate sector show that there is improvement in the economic and construction industry fundamentals that drive demand for crushed stone, sand, and gravel. Data on housing starts and private non-residential construction continues ...

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Data Mining July 2013

Jul 20, 2013

Data Mining July 2013

Housing Increases More than Offset by Falling Federal Spending

Jun 01, 2013

Housing Increases More than Offset by Falling Federal Spending

By George H. Reddin   Merger and acquisition activity remains slow, but steady, as the outlook for many construction markets remains flat and disappointing. Spending on U.S. construction projects fell in March, as the biggest drop in government projects in more than ...

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Residential is up, but highways are status quo (at best)

May 01, 2013

Residential is up, but highways are status quo (at best)

By George H. Reddin     The first quarter of 2013 closed with slow, but steady, deal activity — the same pattern we’ve seen in recent years. The demand from buyers is as healthy as we have seen in years, and there remains ...

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The Nation’s Top 25 Construction Aggregates Producers

Apr 01, 2013

The Nation’s Top 25 Construction Aggregates Producers

2011 marked the first increase in production since 2006, with slight price increases as well.   U.S. production of construction aggregates in 2011 was 2.17 billion short tons, valued at $17.2 billion, free on board (f.o.b.) at plant. Construction aggregates production decreased ...

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Cemex results were a bright spot as units shipped decreased in 2012

Apr 01, 2013

Cemex results were a bright spot as units shipped decreased in 2012

By George H. Reddin The fourth quarter of 2012 brought mixed results from the construction materials sector, with companies like Granite and Vulcan reporting slight decreases in aggregates shipped and revenues earned. While there were some bright spots around the country, ...

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2012 Closes with a Burst of M&A Activity

Feb 01, 2013

2012 Closes with a Burst of M&A Activity

By George H. Reddin   As expected, 2012 ended with a flurry of merger and acquisition activity. The outlook for deal activity in 2013 is good; however, there remains some concern and uncertainty about how Congress and the White House will deal ...

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Mergers & acquisitions are slow throughout 2012, but supply and demand dynamics bode well for 2013

Jan 01, 2013

Mergers & acquisitions are slow throughout 2012, but supply and demand dynamics bode well for 2013

M&A activity ended 2012 the same way it started — slow. The constant theme throughout the year was uncertainty, which, as I have preached for the past few years, is the kiss of death for transactions. The year brought some ...

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