Aggregates volume, pricing growth drive Martin Marietta’s first quarter
Martin Marietta Materials Inc. experienced improved margins and increased profitability during the first quarter of 2015. In fact, Martin Marietta reports it achieved a first-quarter profit for the...
View ArticleVulcan’s Hill reinforces positive outlook for 2015
Tom Hill, president and CEO of Vulcan Materials Co., offered an updated outlook of 2015 for his company following the release of its latest quarterly report. According to Hill, demand for aggregates...
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Economics pulse: Construction materials update
The first quarter of 2015 brought four areas of interest to the construction materials sector: year-end earnings reports; the first initial public offering in the sector in more than a decade;...
View ArticleFirm scales back 2015 construction outlook
Construction activities are expected to grow at 5 percent this year, FMI Corp. reports, leveling off from a previous forecast of 8 percent that the firm produced. Although the new prediction is...
View ArticleJune construction starts retreat 15 percent
New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an...
View ArticlePolaris Materials opens aggregates terminal in Long Beach
Polaris Materials Corp. opened an aggregates terminal in the Port of Long Beach in California. According to Polaris, the terminal took its first delivery July 19 from a self-discharging Panamax ship...
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Economics Pulse: Construction materials update
The second quarter of 2015 was largely positive for the construction materials sector. Summit Materials is performing well in the public market place, stock performance has improved and volume...
View ArticleResearch firm forecasts rise in asphalt demand
The Freedonia Group released a study, “Asphalt,” that forecasts U.S. demand for asphalt to increase 3.3 percent annually to 26.8 million tons in 2019. According to the study, asphalt demand will be...
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