Pit & Quarry, May 2014
INDUSTRY SNAPSHOT Martin Marietta chairman Zelnak plans to retire this month Stephen Zelnak Jr Martin Marietta Materials Inc s chairman of the board announced he plans to retire May 22 Ward Nye will take over as chairman and also remain as CEO According to a press release Zelnak has served Martin Marietta for 33 years He joined Martin Marietta Corp as vice president of planning and business development in 1981 One year later he was appointed president of the companys new Aggregates Division in Raleigh N C Zelnak 69 led the initial public offering of Martin Marietta stock in 1994 and in 1996 he led Zelnak the offering of the remaining stock held by Lockheed Martin as Martin Marietta became an independent New York Stock Exchange listed company Monthly Construction Contract Value Seasonally Adjusted Annual Rates in Millions Nonresidential Building 141946 156607 9 Residential Building 213808 206982 3 Nonbuilding Construction 130925 121544 8 Total Construction 486679 485133 0 Year to Date Construction Contract Value Nonresidential Building 20276 23096 12 Residential Building 28702 27379 5 Nonbuilding Construction 17757 18119 2 Total Construction 66735 68594 3 SETTLING POND MANAGEMENT Fines Recovery Benefits t 3FDPWFS VQ UP PG UIF TJMUT BOE VMUSB GJOF TBOET SFQPSUJOH UP ZPVS TFUUMJOH QPOE t 3FEVDF QPOE DMFBOJOH NBJOUFOBODF DPTUT BOE FYUFOE UIF MJGF PG ZPVS TFUUMJOH QPOE t 5VSO B PODF XBTUFE NBUFSJBM JOUP B NBSLFUBCMF QSPEVDU t 3FRVJSFT 0 FYQFOTJWF QPMZNFST PS DIFNJDBMT VLF 3PBE t VGGBMP 5 t JOGP@ EFSSJDL DPN t XXX FSSJDL DPN Feb 2014 Jan 2014 Change Source McGraw Hill Construction Unadjusted Totals in Millions 2 mo 2014 2 mo 2013 Change Source McGraw Hill Construction 12 PIT QUARRY May 2014 www pitandquarry com
You must have JavaScript enabled to view digital editions.
