Rock Products

AUG 2017

Rock Products is the aggregates industry's leading source for market analysis and technology solutions, delivering critical content focusing on aggregates-processing equipment; operational efficiencies; management best practices; comprehensive market

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76 • ROCK products • August 2017 www.rockproducts.com Aggregates Industry Almanac Agg Industry Market Report Sand & Gravel •  Sand and gravel production in Q1 2017 decreased 4.1 percent compared to Q1 2016, the third consecutive quarterly decline when compared to the same period in the prior year. Asphalt • Asphalt prices declined 2.9 percent in Q1 2017 after falling 4.3 percent during Q4 2016 as measured by the average net asphalt selling prices of Vulcan Materials and Martin Marietta. • Asphalt volume is not tracked on a quarterly basis. Headwaters MB is an independent, middle market investment banking firm providing strategic merger and acquisition advice, capital raising and special situations advisory. Named "Investment Bank of the Year" by major industry organizations for its third consecutive year, Headwaters MB is headquartered in Denver, CO, with seven regional offices across the United States and partnerships with 18 firms covering 30 countries. For more information, visit www.headwatersmb.com. To discuss any informa- tion contained in this report, contact the Headwaters MB team: Darin Good, managing director, dgood@headwatersmb.com, 303-549-5674; Brian Krehbiel, vice president, bkrehbiel@headwatersmb.com, 303-531-5008. Source: U.S. Geological Survey Sources: EAPA Asphalt in Figures, NAPA, Vulcan Materials & MarƟn MarieƩa Materials average of net asphalt selling prices 1 Summit Materials, Inc. Reports First Quarter 2017 Results, May 3, 2017 2 Eagle Materials Fourth-Quarter and 2017 Fiscal Year Results, May 18, 2017 3 CRH Development Strategy Update, March 1, 2017 4 Associated Builders and Contractors, Inc., "Construction Economic Update" May 11, 2017 5 U.S. Geological Survey

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