Rock Products

MAR 2018

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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20 • ROCK products • March 2018 www.rockproducts.com IN THE KNOW DECADES OF EXPERIENCE & CUSTOMER SERVICE For 60 years BTI has worked with mining & aggregate companies to power productivity and break into profitability. Whether you're above ground or underground, we offer over 12 different model series customized to fit your site for maximum endurance. APPLICATIONS Primary crushers // grizzlies // draw points // stopes www.rockbreaker.com 1-800-567-8267 300 BOOM-TO- BREAKER COMBINATIONS POWER YOUR PRODUCTIVITY Martin Marietta Materials Inc. reported record results for the fourth quarter and full year ended Dec. 31, 2017. Fourth quarter consolidated total revenues were $970.5 million, versus $948.8 million in 2016. Full-year 2017 consolidated total revenues were $3,965.6 billion, versus $3,818.7 billion in 2016, said company President Ward Nye. Fourth-quarter total revenues for the Building Materials business, which includes the aggregates, cement, ready mixed concrete and asphalt and paving product lines, were $903.0 million, up 2.1 percent from $884.7 million. Average selling prices improved across all product lines and segments during the quarter. Aggregates product line fourth-quar- ter pricing improved 4.0 percent despite lower shipment volumes. The Mid-America Group and the South- east Group generated aggregates product line pricing growth of 6.9 per- cent and 4.2 percent, respectively, for the fourth quarter, driven by continued price discipline. Product mix and ongoing competitive pressures led to relatively flat aggre- gates pricing for the West Group. The cement product line generated pricing growth of 4.1 percent for the quarter, reflecting strong ongoing construction activity in the Dallas/Fort Worth area. Ready mixed concrete and asphalt pricing increased 2.1 percent and 16.3 percent, respectively. Unseasonably warm weather in Colorado and strong demand allowed for favorable asphalt pricing during the quarter. Overall, fourth-quarter aggregates product line shipments decreased slightly, driven by government uncer- tainty, labor constraints and ongoing project delays, particularly in the Mid-America and West Groups. The Southeast Group reported Martin Marietta Roars to Record Revenues, Profitability, Earnings Ward Nye

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