Last $66.35 USD
Change Today +0.08 / 0.12%
Volume 375.8K
VMC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

1200 Urban Center Drive

Birmingham, AL 35242

United States

Phone: 205-298-3000

Fax:

Vulcan Materials Company operates as a producer of construction aggregates, primarily including crushed stone, sand, and gravel. The company is also a major producer of asphalt mix and ready-mixed concrete, as well as cement in Florida. Segments The company operates through four segments: Aggregates, Concrete, Asphalt Mix, and Cement. Aggregates This segment produces and sells aggregates (crushed stone, sand and gravel, sand, and other aggregates), and related products and services (transportation and other). During 2013, this segment principally served markets in 18 states, the District of Columbia, the Bahamas, and Mexico with a line of aggregates; and 11 additional states with railroad ballast. Customers use aggregates primarily in the construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. The company has 15.0 billion tons of permitted and proven or probable aggregates reserves. 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 could be used as a feedstock for cement and lime plants and for making various adhesives, fillers, and extenders. It sells a small amount of construction aggregates outside of the United States, principally in the areas surrounding its quarry on the Yucatan Peninsula in Mexico. Concrete This segment produces and sells ready-mixed concrete in California, Florida, Georgia, Maryland, Texas, Virginia, and the District of Columbia and the Bahamas. The company also produces and sells other concrete products, such as block and precast, and resells purchased building materials related to the use of ready-mixed concrete and concrete block. It serves this segment’s customers from its local production facilities or by truck. Ready-mixed concrete production also requires cement. In the Florida market, cement requirements for ready-mixed concrete production are primarily supplied by this segment. In other markets, the company purchases cement from third-party suppliers. Asphalt Mix This segment produces and sells asphalt mix in three states primarily in the company’s southwestern and western markets, such as Arizona, California, and Texas. Aggregates are a major component in asphalt mix. The company serves this segment’s customers from its local production facilities. Cement This segment’s Newberry, Florida cement plant produces Portland and masonry cement that the company sells in both bulk and bags to the concrete products industry. Its Tampa, Florida distribution facility could import and export cement, clinker, and slag. Cement could be resold, blended, bagged, or reprocessed into specialty cements that the company then sells. The slag is ground and sold in blended or unblended form. This segment’s major single customer is its own ready-mixed concrete operations within the Concrete segment. The company’s Brooksville, Florida calcium plant produces calcium products for the animal feed, paint, plastics, water treatment, and joint compound industries. This facility is supplied with calcium carbonate material mined at the Brooksville quarry. Customers The company’s products are sold to private industry and not directly to governmental entities. Business Strategy The company’s strategy is based on its strength in aggregates. Its business strategies include aggregates focus, such as building and holding substantial reserves, and taking advantage of being the largest producer; coast-to-coast footprint; strategic acquisitions; and effective land management. Environmental Costs and Governmental Regulation The company’s operations are subject to various federal, state, and local laws and regulations relating to the protection of the environment and worker health and safety, such as the regulation of facility air emissions and water discharges, waste management, protection of wetlands, listed and threatened species, noise and dust exposure control for workers, and safety regulations under both Mine Safety and Health Administration, and Occupational Safety and Health Administration. Significant Events In April 2014, Morien Resources Corp. announced that it has entered into agreements with Vulcan Materials Company and the Municipality of the District of Guysborough for the development of the company's Black Point Marine Aggregate Project in Guysborough County, Nova Scotia. History Vulcan Materials Company was founded in 1909.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VMC:US $66.35 USD +0.08

VMC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
James Hardie Industries PLC $53.69 USD +0.26
Kingspan Group PLC €14.18 EUR +0.13
Martin Marietta Materials Inc $111.49 USD -0.20
USG Corp $27.92 USD +0.01
Vicat €59.32 EUR -0.65
View Industry Companies
 

Industry Analysis

VMC

Industry Average

Valuation VMC Industry Range
Price/Earnings 49.1x
Price/Sales 3.0x
Price/Book 2.1x
Price/Cash Flow 49.7x
TEV/Sales 2.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VULCAN MATERIALS CO, please visit www.vulcanmaterials.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.