Pit & Quarry, January 2016
INDUSTRY SNAPSHOT FIRST OF MONTH OPENING DEC NOV Cemex CX 636 633 CRH Oldcastle CRH 2965 2781 Eagle Materials EXP 6952 6602 Granite Const GVA 4086 3174 Martin Marietta MLM 15824 15544 Summit Materials SUM 2290 2109 U S Concrete USCR 5874 5583 U S Lime Minerals USLM 5177 4899 Vulcan Materials VMC 10309 9658 Source Yahoo Finance P Q AGGREGATES INDUSTRY INDEX FEB 13 MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN 14 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN 15 January 302 FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN 350 300 250 200 Source Pit Quarry After a two month slide the P Q Aggregates Industry Index is back over the 300 point mark The index has climbed 17 points over the last 12 months and 49 points over the last two years Vulcans James retires as Hill succeeds him as chairman Vulcan Materials Co announced Don James plans to retire as the companys non executive chairman and from the board of directors effective at the end of 2015 Tom Hill Vulcans president and CEO succeeds James as chairman Hill James James 66 served as Vulcans president variety of operations and general management Martin Marietta names executive vice president Martin Marietta Materials Inc named Roselyn R Bar executive vice president Bar joined Martin Marietta in 1994 and had served as the companys senior vice president general counsel and corporate secretary since 2005 She became deputy general counsel in 2000 and was named vice president and general counsel in 2001 Roselyn Bar is a trusted counselor and advisor to our company not just in the area of legal affairs but also in a host of business and governance related areas says Ward Nye chairman president and CEO Monthly Construction Contract Value Seasonally Adjusted Annual Rates in Millions assignments the company says Oct 2015 Sep 2015 Change Nonresidential Building 200710 152523 32 Residential Building 260281 239002 9 Nonbuilding Construction 130151 133603 3 Total Construction 591142 525128 13 Source Dodge Data Analytics Above All nine companies in Pit Quarrys Stock Watch box were trending upward at press time Granite Construction finished the year particularly strong jumping 223 percent Below Nonresidential building experienced a significant onemonth gain in October but the category is still down compared to 2014 year to date figures from 1996 to 1997 and as CEO from 1997 to 2014 He has served on the companys board of directors since 1996 and was named chairman in 1997 Hill has been with Vulcan for more than 25 years serving in a Bar Year to Date Construction Contract Value Unadjusted Totals in Millions 10 mo 2015 10 mo 2014 Change Nonresidential Building 173040 184340 6 Residential Building 223903 195108 15 Nonbuilding Construction 155001 120206 29 Total Construction 551944 499654 10 Source Dodge Data Analytics 10 PIT QUARRY January 2016 www pitandquarry com
You must have JavaScript enabled to view digital editions.
