Martin Marietta CEO Zelnak to retire Nov 13, 2009
Zelnak will continue as executive chairman of Martin Marietta Materials (NYSE:MLM) until his retirement in mid-2010 and then will become non-executive chairman of the board. Martin Marietta, which owns more than 285 rock quarries and distribution yards in North America, the Bahamas and the Caribbean, is the second largest U.S. seller of construction aggregates such as crushed stone, sand and gravel. (Triangle Business Journal)
Coping With Social Media Burnout Nov 12, 2009
And then there's Chuck Musciano, CIO of Martin Marietta Materials, a producer of construction goods. Musciano tweets several times a day on two separate accounts--one personal, one professional--maintains a blog and frequently connects with others via. (San Francisco Chronicle -- Technology)
Analyst Picks and Pans: Goldman Sachs, Martin Marietta, Gymboree Sep 23, 2009
Martin Marietta Materials () ... A stronger-than-expected recovery is benefiting Martin Marietta Materials, which supplies gravel and sand to road builders, UBS analyst Timna Tanners said Sept. 22 as she downgraded the company's shares to reflect new risks. (BusinessWeek)
'We need our money,' say picketing residents near MMM quarry Sep 14, 2009
CROSS Nearly two dozen Cross and Eutawville area residents began picketing Martin Marietta Materials Berkeley Quarry last week, vowing to continue the protest until they get answers from company officials about payment for property damages they attribute to the blasting of limestone rock at the quarry. Until they come forward, we re going to keep protesting, said Robert Ravenell of Cross, president of the informally-organized Concerned Citizens of Cross. (Orangeburg Times and Democrat, SC)
P.R. Parker Company to conduct Asphaltic Surface Treatment demo at Louisiana Tech University Aug 15, 2009
Construction, Inc. (Shreveport, LA), Davison Transportation Services (Ruston, LA), Ergon Asphalt and Emulsions (Vicksburg, MS), Martin Marietta Materials (Malvern, AR), Pelican Refining Company (Channelview, TX), Stars es Traffic Systems (Alexandria, LA), Terral River Service (Tallulah, LA), TXI Operations (Streetman, TX), and Wright Asphalt Products (Houston, TX). . (EurekAlert! -- Business News)
Building Supplier Declines Jul 15, 2009
Martin Marietta Materials, the second-largest US supplier of crushed stone, lowered its 2009 earnings forecast by as much as 27 percent because of a slower-than-expected recovery in construction. Martin Marietta predicts earnings of 2. (New York Post -- Business)
Martin Marietta's Zelnak: Good time to buy Jun 17, 2009
Martin Marietta Materials CEO Zelnak signals more quarry purchases - Triangle Business Journal ... Martin Marietta Materials CEO Zelnak signals more quarry purchases. (Raleigh Triangle Business Journal, NC)
Bovespa Slides to Lowest Level This Month on Commodity Drop; Bolsa Slumps Jun 16, 2009
It also sold three U.S. quarries and a 49 percent interest in a U.S. joint venture to Raleigh, North Carolina-based Martin Marietta Materials Inc. for $65 million. The valuation of the company has gotten well ahead of itself, , an analyst with Banco Bilbao Vizcaya Argentaria SA in Mexico City, said in an interview. (Bloomberg -- Latin America)
Cemex Tumbles as Australian Asset Sale Suggests Three-Month Rally Overdone Jun 16, 2009
The company also sold three U.S. quarries and a 49 percent interest in a U.S. joint venture to Raleigh, North Carolina- based Martin Marietta Materials Inc. for $65 million, Martin Marietta said in a statement today. The asset sales will have a positive effect on debt talks because Cemex may meet short-term maturities or pay loans from banks that are less willing to refinance, according to a report today from Barclays Plc debt analyst. (Bloomberg -- Latin America)
Martin Marietta to buy quarries for $65M Jun 16, 2009
Martin Marietta Materials to buy quarries from Cemex for $65M - Triangle Business Journal ... Martin Marietta Materials to buy quarries from Cemex for $65M. (Raleigh Triangle Business Journal, NC)
Construction Progresses on Zelnak Center May 28, 2009
Zelnak is chairman, president and chief executive officer of Martin Marietta Materials in Raleigh, N.C., and a current member of the Georgia Tech Advisory Board. The Zelnak Center will connect to the southeast side of Alexander Memorial Coliseum and include one full-size court with eight baskets, a 24-seat theater for video instruction and a 2,500-square-foot weight room. (Ramblinwreck.com)
Tech Breaks Ground on Zelnak Center Apr 11, 2009
Zelnak is chairman, president and chief executive officer of Martin Marietta Materials in Raleigh, N.C., and a current member of the Georgia Tech Advisory Board. "They really made a case about the difficulty they were having trying to schedule practices, the academic problems as well as the practice time problems," said Zelnak, who graduated from Tech in 1969. (Ramblinwreck.com)
State unemployment at 9.7 percent and rising Mar 12, 2009
"In the 26 years I've run Martin Marietta Materials, this is the poorest I've seen North Carolina fare in a downturn or upturn compared to the economy at large," said Stephen P. Zelnak Jr., chief executive of the Raleigh company that sells gravel and other construction aggregates. "You look at the elements that have served us well over time; it's simply not working.". (News & Observer)
Martin Marietta has Atlanta declines Feb 13, 2009
Raleigh, N.C.-based Martin Marietta Materials (NYSE: MLM), the second-largest aggregate producer in the country, posted net income of $176 ... Martin Marietta Materials recently and Tennessee following the $192 million purchase of several quarries from Martin Marietta Materials bought three active quarries and one greenfield granite operation near Atlanta, as well as two limestone operations near Rome, Ga. (Atlanta Business Chronicle, GA)
