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
Issue link: https://rock.epubxp.com/i/566624
www.rockproducts.com ROCK products • September 2015 • 9 for the same period. The ChemRock/Rail market accounted for the remaining 9 percent of heritage aggregates product line volumes. Volumes to this end use decreased slightly, primarily related to excessive rainfall in Colorado and Iowa. Heritage aggregates product line pricing grew in all reportable groups, led by the 10.7 percent increase in the West Group. Improvement was notable in South Texas and Colorado. The Mid-America Group and Southeast Group reported increases of 5.7 percent and 2.4 percent, respectively. The corporation announced mid-year price increases in certain markets. "As noted above, the particularly wet weather throughout sev- eral of our operating areas not only affected our sales, but also adversely affected aggregates product line production and resulted in lower operating leverage," Nye said. "As a result, total production cost per ton shipped increased 3 percent. Lower energy costs continue to benefit the cost structure. The heritage aggregates product line leveraged a 7.6 percent increase in average selling price to expand its gross margin (excluding freight and delivery revenues) 540 basis points. The legacy TXI aggregates product line operations experienced sig- nificant amounts of rainfall that negatively affected shipments and margins. In total, acquired aggregates product line opera- tions, which include legacy TXI quarries and two small acquisi- tions completed during the first quarter, had net sales of $36.1 million and a gross margin (excluding freight and delivery reve- nues) of 21.7 percent. The heritage aggregates business gross margin (excluding freight and delivery revenues) was 26.0 percent, an increase of 530 basis points. The Southeast group, which benefitted from recovery in Georgia and improved performance by offshore operations, led with an increase of 810 basis points. Incremen- tal margin for the heritage aggregates business was 214 per- cent, with each group exceeding the company's stated goal. ACG Materials Continues Expansion with Acquisition Norman, Okla.-based ACG Materials has acquired Art Wilson Co. (AWC), an anhydrite, gypsum and limestone producer with a quarry and downstream production facility in Carson City, Nev., and additional owned reserves under develop- ment nearby. "We are excited about the continued expansion of our oper- ations into the Western U.S.," said Paul Harrington, chief executive officer of ACG Materials. "Art Wilson Co. not only Minerals Celebrate with us. Take 50% off one full deck * For 50 years (1965 – 2015), Durex ® has led the industry in wire screen media innovation. To show our appreciation, we are offering you a unique opportunity with the 50-50-50 Anniversary Appreciation Program. • 50-year celebration of screen media performance • 50% off one full deck of any Durex ® wire screen media product per customer * • 50 days to benef t: August 17 - October 5, 2015 *Rules and restrictions apply. Minimum 4 panels and maximum 10 panels on one deck of one screen box of the same specif cation can be purchased per customer. All orders must clearly state "50-50-50 Anniverary Appreciation Program." Program discount does not apply to other specialty pricing or national account agreements. Offer only available in the United States. Copyright © 2015, Weir Slurry Group, Inc. All rights reserved. DUREX is a trademark and/or registered trademark of Weir Slurry Group, Inc. and WHW Group Inc.; WEIR and the WEIR logo are trademarks and/or registered trademarks of Weir Engineering Services Ltd.