Post-merger earnings prove TXI's capacity to enrich Martin Marietta
- Published: Friday, 31 October 2014 23:52
- Written by Concrete News
Sources: Martin Marietta Materials, Inc.; CP staff
Results from the first financial reporting period to follow the Martin Marietta–Texas Industries Inc. merger, consummated July 1, underscore the potential that three strategic cement and 100-plus ready mixed operations afford the industry’s second largest aggregate producer. Martin Marietta reports third quarter sales of $918 million, existing or heritage businesses accounting for $644 million—a 7.3 percent gain over 2013 Q3 figures.