Eagle Materials Announces the Acquisition of Martin Marietta's Cement Import Business in Northern California
Eagle Materials Inc. (NYSE:EXP) today announced it has completed the acquisition of Martin Marietta's cement import and distribution business in Northern California, which includes its cement terminal in Stockton, California.
The acquisition is consistent with the company's strategic intentions to extend and strengthen its distribution reach across its heartland US cement manufacturing system.
Commenting on the acquisition, Michael Haack, President and CEO, said, "Our Nevada Cement operations have long-standing customer relationships in Northern California and this acquisition will uniquely position us to better serve these and new customers with complementary imported product. Our enti
