Martin Marietta
Martin Marietta Materials is one of the largest producers of construction aggregates in the United States, supplying essential materials such as crushed stone, sand, and gravel for various construction projects. In 2023, the company sold 199 million tons of aggregates, primarily serving markets in Texas, Colorado, North Carolina, Georgia, and Florida. These aggregates are crucial for the construction of highways, infrastructure, and residential and commercial buildings. In addition to aggregates, Martin Marietta produces cement in Texas and incorporates its products into asphalt and ready-mixed concrete. The company also operates a magnesia specialties business, offering magnesia-based chemical products and dolomitic lime, further diversifying its portfolio.
Top Stages
6 past transactions
Biomason
Series C in 2022
Biomason develops building materials technology that uses microorganisms and chemical processes to produce bio cement–based masonry at ambient temperatures, offering an alternative to traditional clay and Portland cement and reducing energy use in production. Its BioCement platform enables sustainable concrete materials, and BioLITH precast tiles are commercially available. The company has demonstrated projects in the United States and Europe and positions its technology as capable of significantly reducing global concrete emissions by replacing conventional cement.
Lehigh Hanson
Acquisition in 2021
Lehigh Hanson is a prominent construction materials provider in North America, operating over 550 active facilities across the United States and Canada. The company specializes in the production and supply of a wide range of building materials, including cement, aggregates, ready-mixed concrete, and asphalt. With a focus on key markets, particularly in California and Arizona, Lehigh Hanson aims to leverage its extensive operations to support growth in major urban regions. Through its diverse offerings, the company plays a significant role in the construction industry, catering to various infrastructure and building projects.
Bluegrass Materials Company
Acquisition in 2017
Bluegrass Materials Company is a producer of aggregates and concrete blocks, based in Jacksonville, Florida. It operates across Kentucky, South Carolina, Tennessee, Georgia, and Maryland. Key facilities include quarries near Bowling Green, Kentucky; three quarries serving the Atlanta area in Georgia; a granite quarry near Edgefield, South Carolina; a limestone plant in Calhoun, Tennessee; and sand plants in St. George, Georgia, along with operations throughout Baltimore and Frederick/Western Maryland regions in Maryland. The company supplies construction materials to customers within these areas.
Rocky Mountain Materials & Asphalt
Acquisition in 2016
Rocky Mountain Materials & Asphalt, Inc. is a Colorado-based company that manufactures and supplies a wide range of aggregate materials and asphalt. Founded in 1977 and operating out of Colorado Springs, the company offers products such as hot mix asphalt, decorative landscape rocks, concrete sand, and various premixes tailored for residential, commercial, and industrial construction applications. Additionally, Rocky Mountain Materials & Asphalt provides essential services like road construction and asphalt paving, as well as snow removal services for commercial properties. The company operates as a subsidiary of Martin Marietta Materials, Inc.
Rocky Mountain Premix
Acquisition in 2016
Rocky Mountain Premix is a privately held company engages in manufacturing of ready mix concrete.
Texas Industries
Acquisition in 2014
Texas Industries, Inc. is a manufacturer and supplier of heavy construction materials based in Dallas, Texas. Founded in 1946, the company operates through three primary segments: Cement, Aggregates, and Consumer Products. The Cement segment specializes in producing gray Portland cement as well as various specialty cements, including masonry and oil well cements. Texas Industries serves the southwestern United States, providing essential materials for construction projects across the region.
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