Martin Marietta Materials Inc. reported record results for the first quarter ended March 31, 2016. Consolidated net sales totaled $734 million, up from $631.9 million in the first quarter of 2015.
Read MoreDay: May 5, 2016
February Cement Shipments Jump 26 Percent
Total shipments of portland and blended cement in the United States and Puerto Rico in February 2016 were about 6.0 million metric tons (Mt), up by 26 percent from the exceptionally low, weather-related, sales in February 2015, according to the most recent USGS Mineral Industry Survey. To some extent, it reflected catchup work after a lackluster January 2016.
Read MoreCemex to Sell $400M of U.S. Assets
Cemex reached an agreement to sell certain assets in the U.S. to Grupo Cementos de Chihuahua (GCC) for $400 million as part of the company’s plans to divest as much as $1.5 billion in assets over the next two years to restore an investment-grade capital structure.
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