Martin Marietta Materials (MLM) Sector
Materials

(Current) $593.22
-6.44 (-1.07%) Open Price: 593.22

 

Martin Marietta Materials is an American company that specializes in the production and supply of construction materials. It was founded in 1993 and is headquartered in Raleigh, North Carolina. The company is listed on the New York Stock Exchange under the ticker symbol "MLM" and is a component of the S&P 500 index.

 

Martin Marietta Materials is one of the largest suppliers of aggregates, cement, ready-mixed concrete, and asphalt for construction projects in the United States. The company operates a vast network of quarries, distribution yards, and plants across the country, allowing it to serve customers in various regions. Its materials are used in the construction of infrastructure, including highways, bridges, airports, commercial buildings, and residential projects.

 

The company is committed to responsible quarrying practices and strives to minimize the environmental impact of its operations. It implements various measures to conserve resources, reduce emissions, and promote land reclamation. Additionally, Martin Marietta actively engages with local communities to address environmental concerns and support initiatives that enhance biodiversity and ecological well-being.

 

Martin Marietta Materials specializes in the production and creation of aggregates, which are essential components in construction projects. Aggregates include crushed stone, sand, and gravel, and they form the foundation of roads, buildings, and other structures. The company operates numerous quarries across the country to extract high-quality aggregates and ensure a reliable supply for its customers. With its extensive production capabilities and distribution network, Martin Marietta Materials is well-positioned to meet the growing demand for construction materials.

 

In addition to aggregates, the company also offers cement, ready-mixed concrete, and asphalt products. These products are manufactured and supplied to customers through its network of cement plants, concrete plants, and asphalt plants. By providing a comprehensive range of construction materials, Martin Marietta Materials offers integrated solutions to meet the diverse needs of its customers and support the efficient execution of construction projects.

 

Martin Marietta Materials has a strong track record of growth and profitability, driven by its strategic acquisitions, operational efficiencies, and commitment to customer service. The company has expanded its operations through acquisitions of other construction materials companies, allowing it to broaden its geographic reach and strengthen its market position. Through its dedication to delivering high-quality products and services, Martin Marietta Materials continues to play a crucial role in the construction industry, supporting infrastructure development and economic growth.

 



 

(12/02/24) $593.22
(12/03/24) $599.66
(12/03/24) (Qty.)320,615
(12/02/24) $590.61
(12/02/24) $601.57
(11/17/24) $572.01
(11/10/24) $626.11
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