February 28, 2014 – Who is the largest aggregates producer in the United States? That is the question after Martin Marietta Materials’ acquisition of Texas Industries. Well, in 2013, according to data in public reports, Martin Marietta Materials reported 128,433,000 tons sold. TXI reported 14,600,000 tons sold for a combined total of 143,033,000 tons.
Vulcan Materials reported 145,925,000 tons sold in 2013, which means at least for now, the new Martin Marietta Materials is still the nation’s second largest producer of construction aggregates. But that could change fast. As market conditions improve, the combined company will be, their words, “well-positioned for long-term growth, with a network in excess of 400 quarries, mines, distribution yards and plants spanning 36 states, Canada, the Bahamas and the Caribbean Islands. With a significant increase in scale and the potential to achieve substantial synergies, the combined company will seek to grow faster and more efficiently than either Martin Marietta or Texas Industries could on a standalone basis.” We will be watching this one closely.