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Martin Marietta reports 14% in Q4

February 11, 2011  By MorningStar


Feb. 11, 2011 – Martin Marietta MLM showed a 14.4% increase in
aggregates sales volumes in the fourth quarter of 2010 compared to the
prior year period, while full-year volumes were up 5.3%. An increase in
state transportation spending drove demand growth from the
infrastructure end market.

Feb. 11, 2011 – Martin Marietta MLM showed a 14.4% increase in aggregates sales volumes in the fourth quarter of 2010 compared to the prior year period, while full-year volumes were up 5.3%. An increase in state transportation spending drove demand growth from the infrastructure end market.

Oil and gas drilling activity (which requires aggregates for access roads and drilling pads) in the southwestern U.S. contributed to strong demand growth from the nonresidential end market.  | READ MORE

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