Martin Marietta’s $2.05B Expansion Sparks Growth

Martin Marietta Materials Acquires 20 Aggregate Operations for $2.05 Billion

Martin Marietta Materials has announced its plans to acquire 20 active aggregate operations from Blue Water Industries for $2.05 billion in cash. These operations, located in Alabama, South Carolina, South Florida, Tennessee, and Virginia, are considered a valuable addition to Martin Marietta’s portfolio. The deal is set to be finalized later this year and will be financed utilizing cash from the company’s balance sheet.