Rock Products

AUG 2019

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92 • ROCK products • August 2019 Aggregates Industry Almanac Aggregate Industry Market Report Asphalt • Asphalt prices increased 4.5% year-over-year in Q4 2018, as measured by the average net asphalt selling prices of Vulcan Materials and Martin Marietta. Asphalt prices increased 4.9% during 2018 when compared to the previous year. • Asphalt volume for 2018 has not yet been reported. Crushed Stone • An estimated 1.41 billion metric tons of crushed stone were produced and shipped to the U.S. for consumption in 2018. •  Crushed stone production increased 5.6% in Q4 2018 when compared to Q4 2017. For the entire year, crushed stone production increased 4.0% year-over-year in 2018. • Crushed stone prices increased 3.5% year-over-year in 2018. Sand and Gravel • An estimated 961 million metric tons of sand and gravel were produced and shipped to the U.S. for consumption in 2018. • Sand and gravel production in Q4 2018 increased 4.3% year-over-year, the sixth consecutive quarterly increase when compared to the same period the prior year. For the entire year, production increased 6.5% compared to that of 2017. • Sand and gravel prices increased 2.8% year-over-year in 2018. Citations 1. U.S. Federal Government, "Fiscal Year 2020 Budget of the U.S. Government," loads/2019/03/budget-fy2020.pdf , accessed March 20, 2019. 2. Eagle Materials, "Eagle Materials Reports Third Quarter Results," gle-materials-reports-third-quarter-results-0 , accessed March 19, 2019. 3. US Concrete, "US Concrete Announces Full Year 2018 and Fourth Quarter Results," leases/news-release-details/us-concrete-announces-full-year-2018-and-fourth-quarter-results , accessed March 20, 2019. 4. Cision PR Newswire, "Glen-Gery Corporation Acquired by Brickworks Limited," glen-gery-corporation-acquired-by-brickworks-limited-300755114.html , accessed March 19, 2019. 5. Business Wire, "Sun Capital Partners Affiliate Partners with StonePoint Materials to Acquire VantaCore Partners," , accessed March 20, 2019. Capstone Headwaters is an elite investment banking firm dedicated to serving the corporate finance needs of middle market business owners, inves- tors and creditors. Capstone Headwaters provides merger and acquisition, private placement, corporate restructuring and financial advisory services across 16 industry verticals to meet the lifecycle needs of emerging enterprises. Headquartered in Boston and Denver, Capstone Headwaters has 20 offices in the U.S., UK and Brazil with a global reach that includes more than 300 professionals in 34 countries. For more information, visit www.cap- . To discuss any information contained in this report, contact the Capstone Headwaters team: Darin Good, managing director, , 303-549-5674; Brian Krehbiel, senior vice president, , 970-215-9572; Crista Gilmore, vice president, , 303-531-5013. Sources: EAPA Asphalt in Figures, Vulcan Materials & Martin Marietta Materials average of net asphalt sell- ing prices Source: U.S. Geological Survey Source: U.S. Geological Survey

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