martin marietta materials wiki


So was NCDOT feeling some degree of duress pre-COVID?

We're also going to flex very carefully on the labor side.In closing, we're all living an unprecedented and dynamic times, and that will likely persist as the pandemic continues unabated. The theoretical question you're posing, if volumes drop tremendously, of course, fixed costs, the absorption isn't there where you need it to be. And I'm just wondering, can you just expand on the discussion of what went right this quarter?

Firmegeschicht. We've already made great strides on these endeavors.Mike, again, thanks for that question. Part of what's been interesting to me is, we've operated all the way through this as an essential business.

And if we look in the West, we're seeing backlogs down in the low-double digits, off very high backlogs coming into the year because of the way the weather had been last year.

But I do think people have recognized how to live and how to work with this. We've seen nice improvement over time at both Midlothian and Hunter. And I think one of your swing factors is, what does Phase 4 look like relative to aid to the states. It's going to have an effect for a period of time. Contractors continued construction on projects already under way and have, in some instances, benefited from jobs that were accelerated to better leverage lower traffic volumes during shelter-in-place orders and new projects.Hey, thanks for the question. We see good business in portions of the Central United States. But given what we did in the second quarter and the divergence between volume and pricing that we're seeing, is there any way to break down decrementals or incrementals as it relates to volume and price and how we should think about cost inflation?

In particular, Martin Marietta … ET. So, we don't feel like in our heritage footprint that there is an enormous amount of work to be done. And I think as we're looking at three and we're looking at four, four can obviously weather-affected. I think in some of those instances, they were really afraid and looking for some just immediate help. Just quickly, Ward, in your prepared remarks, you talked about a -- in early this month, a restructuring internally.

Companywide, both our lost time and total injury incident rates are better than world-class safety levels. I guess what I would say is this, Rohit. But if you could dive in that a bit more because you were looking for something similar or had some similar comments during the last earnings call.


This range is slightly below our pre-COVID-19 expectations, given year-over-year geographic and product mix trends and slightly delayed price increases in certain markets.Our next question comes from Jerry Revich with Goldman Sachs.Solid pricing gains, production efficiencies and lower diesel fuel costs drove a 230 basis point improvement in aggregates product gross margin to 35.5%, also an all-time record. There is no shortages in sight.

But pricing is behaving and profitability is going up.
Okay. So, these are outage costs, and I think that's what you're asking about, in Q3. Our inventory levels have been relatively constant, slightly up from a year ago and sequentially from Q1, but no outsized moves there.

Best case, you have a CR that actually has some growth to it. And again, the AASHTO ask there is around $30 billion. So, to your point, volume is going to be what the volume is going to be, and volume was down 4% for the quarter. Martin Marietta Corporation fou una companyia aeronàutica nord-americana fundada l'any 1961 a costa de la fusió de les grans empreses Martin Company i American-Marietta Corporation.Les companyies combinades es van convertir en líders en la indústria química, tecnologia aeroespacial i electrònica. Martin Marietta Materials est une entreprise américaine spécialisée dans les matériaux de constructions notamment des granulats.. Histoire.

We saw that principally in the Western United States, and we see that as something that is likely to be relatively stable to flat going forward. Can you talk about that sale?Hi, good morning. And I equally think the conversations that had been had recently relative to Phase 4 stimulus have led us to feel like the likelihood of seeing some very direct assistance going to state DOTs is actually better than we would have thought probably when we were having this conversation three months ago. And Jim touched on some of the benefit there. That's down about 5% per ton. I think the commentary that you've offered is probably right.Well, I think primarily, as I mentioned before, cement is being really resilient right now. There are some discussions around the federal government providing monies to states. West Texas oil well cement shipments were down over 75% from pre-COVID expectations, a trend expected to continue until oil prices stabilize at a level that fosters additional investment and drilling activity in the Permian Basin.Good morning, Jerry. It's tough to wholly quantify exactly what that is.

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