Ceramic Industry News

Martin Marietta Announces Acquisitions In Texas And Ohio

Martin Marietta Materials, Inc. recently announced the purchase of the Brauntex Materials, Inc.'s, limestone facility located at the Chemical Lime quarry in New Braunfels, Texas. The acquisition includes a crushed limestone operation with annual capacity in excess of 750,000 tons. Brauntex has mined non-chemical grade ore from the Chemical Lime quarry for over 20 years. As part of the purchase, Brauntex has entered into an agreement for Martin Marietta to supply up to 500,000 tons of crushed stone per year for use in the local area. The transaction was an asset purchase for cash. The purchase price was not disclosed. Martin Marietta also purchased the assets of Powell Gravel and Topsoil, Inc., located in Cincinnati, Ohio. The Powell operation consists of a single plant with production of about one million tons annually, a substantial topsoil business and a trucking business. Mineral reserves exceed 35 million tons. The asset purchase was for cash and Martin Marietta common stock. The transaction price was not announced.

For additional information, call (919) 783-4658 or visit http://www.martinmarietta.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

June 2015 ceramic industry

2015 June

This issue features our first annual Supplier of the Year Awards. Be sure to check it out!
Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!