Pit & Quarry, May 2016

ROUNDTABLE CONFERENCE That is being countered by what is happening with infrastructure spending Some of our mineral processing especially products are really up 2015 was a good year for specialty products for us as 2016 will be We are cautiously optimistic If the energy sector comes back it will be a fantastic year But we dont expect that in 2016 That most likely will be 2017 Our operations overall even being stimulated with the highway bill will probably be flat But that is not bad because overall our business is doing quite well MADARA 2015 was a record year for us I think those numbers were skewed a little bit Most of that is in the silica sand industrial sands Moving into 2016 we saw the aggregate industry kind of take over what the mineral industry didnt produce for us We plan to have another record year in 16 North America looks promising SCHULTZ Our outlook for 2016 mirrors McLanahans Were coming off a very good year We think we will have growth in 16 A lot of that will be attributed to new product development that we have in the process right now We are really looking at 2017 as a big growth year for us We kind of feel like producers have been in more of a repair mode versus a buying mode We are hoping the influx of highway funds will spark buying growth in 2017 JONES We own quarries in Florida which has been pretty robust over the last few years We see 16 to be even more positive The overall Florida Department of Transportation budget is a billion dollars Half of that goes into roads and bridges in central Florida So we see a pretty strong next couple of years depending on how things go in that region particularly between Orlando and Tampa EISEL We have been fairly active the last few years We also do offsite crushing and we chase the markets that are busy In our area we see the Michigan market as the next taking off area Michigan has been pretty depressed the last few years so we see thats a pretty good market in the future PARTICIPANTS Moderator Kevin Yanik Pit Quarry Scott Alexander ACG Materials Dana Boyd North American Limestone Brandell Campbell Cemex Trent Carney Rogers Group Phil Eisel Cardinal Aggregate Kelly Graves Kleemann Wirtgen Group Zach Green Barrett Paving Dave Jones Mid Coast Aggregates Scott Lanker Bedrock Resources Rick Madara McLanahan Corp Alan Maio Q4 Impact Michael OBerry Vulcan Materials George Reddin FMI Matt Sitter Fla Concrete Products Assn Vinnie Rocco Am Cast Inc Lori Sanville Vulcan Materials Mike Schultz Superior Industries Josh Swank Philippi Hagenbuch Inc Chris Upp Conco Quarries Jones A Leader in Mining Construction Since 1924 Slopes Tunnels Access Ventilation Shafts Initial Mine Development Highwall Stabilization Gunite Shotcrete Storage Bunkers Portals Canopies www cowin co com 205 945 1300 Eisel 40 PIT QUARRY May 2016 pitandquarry com