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Aggregates Strength Drives Vulcan's First-Quarter Success

Vulcan Materials Co. announced that first-quarter earnings from continuing operations increased 23 percent year-over-year to $53 million on a 9 percent increase in total revenues. Gross profit was $159 million, led by a 7 percent increase in Aggregates segment gross profit to $148 million.

Read more: Aggregates Strength Drives Vulcan's First-Quarter Success

Acquisition Activity Impacts Granite Construction's First Quarter

Granite Construction Inc. reported a net loss of $11.4 million for the quarter ended March 31, 2018, compared to a net loss of $23.8 million in the first quarter of 2017. First quarter 2018 results include the impact of acquisition expenses related to Granite’s announced and pending acquisition of Layne Christensen Co. and from its recently completed purchase of LiquiForce. 

Read more: Acquisition Activity Impacts Granite Construction's First Quarter

MDU Resources Expands in First Quarter

MDU Resources Group Inc. reported first-quarter earnings from continuing operations of $41.9 million, or 22 cents per share, compared to first quarter 2017 earnings from continuing operations of $35.5 million, or 18 cents per share. Including discontinued operations, MDU Resources reported first quarter earnings of $42.4 million, or 22 cents per share, compared to $37.2 million, or 19 cents per share, in 2017.

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MSHA Issues Close Call Accident Alert After Material Slide

The Mine Safety and Health Administration (MSHA) reported that on April 18, a front-end loader operator observed that a portion of the "dirt dump" or refuse pile located on the top rim of the quarry had sloughed and the material had slid down to multiple benches below.  

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Martin Marietta Finalizes Bluegrass Acquisition

Martin Marietta Materials Inc. announced that it successfully completed its previously announced acquisition of Bluegrass Materials Co., described as "the largest privately-held, pure-play aggregates company in the United States," for $1.625 billion in cash.  

Read more: Martin Marietta Finalizes Bluegrass Acquisition