Profile: Vulcan Materials Co (VMC.N)
Vulcan Materials Company, incorporated on February 14, 2007, is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The Company operates through four segments: Aggregates, Asphalt Mix, Concrete and Calcium. As of December 31, 2016, it had 337 active aggregates facilities. The Company sells aggregates that are used as ballast for construction and maintenance of railroad tracks. It also sells riprap and jetty stone for erosion control along roads and waterways. In addition, stone can be used as a feedstock for cement and lime plants and for making a variety of adhesives, fillers and extenders. It sells construction aggregates outside of the United States, principally in the areas surrounding its quarry on the Yucatan Peninsula in Mexico.
The Aggregates segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates) and related products and services (transportation and other). During the fiscal year ended December 31, 2016, the Aggregates segment principally served markets in 20 states, Washington District of Columbia and Mexico with a line of aggregates, and two additional states with railroad ballast. Its construction aggregates are used in various ways: as a base material underneath highways, walkways, airport runways, parking lots and railroads; to aid in water filtration, purification and erosion control, and as a raw material used in combination with other resources to construct various items, including houses and apartments, schools and hospitals, commercial buildings and retail space, sewer systems, and airports and runways.
The Company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. This segment relies on the Company's reserves of aggregates, functioning as a customer to its aggregates operations. The Company serves its Asphalt Mix segment customers from its local production facilities.
The Company produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington District of Columbia and the Bahamas. This segment relies on its reserves of aggregates, functioning as a customer to its aggregates operations. The Company serves its Concrete segment customers from its local production facilities or by truck. Ready-mixed concrete production also requires cement, which the Company purchases from third-party producers.
The Calcium segment consists of a Florida facility that mines, produces and sells calcium products. Its facility produces calcium products for the animal feed, paint, plastics, water treatment and joint compound industries with calcium carbonate material mined at the Brooksville quarry.
The Company competes with Cemex S.A.B. de C.V., CRH plc, HeidelbergCement AG, LafargeHolcim, Martin Marietta Materials, Inc., MDU Resources Group, Inc. and Summit Materials, Inc.
Vulcan Materials Co
1200 Urban Center Dr
BIRMINGHAM AL 35242-2545
Company Web Links
- BRIEF-Vulcan Materials to buy Aggregates USA LLC for $900 mln
- BRIEF-Vulcan reports Q1 earnings per share $0.32 from continuing operations
- BRIEF-Vulcan Materials CEO Thomas Hill's FY 2016 total compensation was $7.53 mln vs $8.3 mln in FY 2015 - SEC filing
- BRIEF-Vulcan Materials proposes to issue and sell to underwriters $350 mln principal amount of 3.90% notes due 2027
- BRIEF-Vulcan Materials sets quarterly cash dividend of $0.25 per share