Martin Marietta's Q3 boosted by construction sector

By Davide Ghilotti
Published: Tuesday, 01 November 2016

Shipments of aggregates and heavy building materials to residential markets in the US saw further increases in Q3. The company remains bullish as infrastructure and non-residential end markets are expected to record higher activity into next year.

US-based heavy building materials manufacturer Martin Marietta Inc. reported a significant increase in pricing levels for its aggregates division which, supported by tangible recovery in US construction, boosted the company’s finances in the third quarter of 2016.

The company saw net sales across all divisions grow 3.3% to $1.038bn...

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