{"id":754500,"date":"2023-05-03T17:50:54","date_gmt":"2023-05-03T21:50:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-the-acquisition-of-martin-mariettas-cement-import-business-in-northern-california\/"},"modified":"2023-05-03T17:50:54","modified_gmt":"2023-05-03T21:50:54","slug":"eagle-materials-announces-the-acquisition-of-martin-mariettas-cement-import-business-in-northern-california","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-the-acquisition-of-martin-mariettas-cement-import-business-in-northern-california\/","title":{"rendered":"Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California<\/b><\/p>\n<p>DALLAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEagle Materials Inc. (NYSE: EXP) today announced it has completed the acquisition of Martin Marietta\u2019s cement import and distribution business in Northern California, which includes its cement terminal in Stockton, California.<\/p>\n<p>\nThe acquisition is consistent with the company\u2019s strategic intentions to extend and strengthen its distribution reach across its heartland US cement manufacturing system.<\/p>\n<p>\nCommenting on the acquisition, Michael Haack, President and CEO, said, \u201cOur 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 entire cement system is currently \u2018sold out\u2019 and this acquisition will enable us to more actively participate in the strong US demand environment. <i>Our experience as a cement importer elsewhere in the US is a transferrable expertise at Eagle and we expect a smooth ownership transition.\u201d<\/i><\/p>\n<p><b>About Eagle Materials Inc.<\/b><\/p>\n<p>\nEagle Materials Inc. manufactures and distributes Portland Cement, Gypsum Wallboard, Recycled Gypsum Paperboard, and Concrete and Aggregates from more than 70 facilities across the US. Eagle\u2019s corporate headquarters is in Dallas, Texas.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230503005642r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230503005642\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230503005642\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">Contact at 214-432-2000<br \/>\n<\/span><br \/><b>Michael R. Haack<br \/>\n<\/b><br \/><i>President and CEO<br \/>\n<\/i><br \/><b>D. Craig Kesler<br \/>\n<\/b><br \/><i>Executive Vice President &amp; CFO<br \/>\n<\/i><br \/><b>Robert S. Stewart<br \/>\n<\/b><br \/><i>Executive Vice President<\/i><\/p>\n<p><b>KEYWORDS:<\/b> California Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Building Systems Manufacturing Other Manufacturing Other Construction &amp; Property Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230503005642\/en\/159224\/3\/EM-logo-JPG.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California DALLAS&#8211;(BUSINESS WIRE)&#8211; Eagle Materials Inc. (NYSE: EXP) today announced it has completed the acquisition of Martin Marietta\u2019s cement import and distribution business in Northern California, which includes its cement terminal in Stockton, California. The acquisition is consistent with the company\u2019s 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, \u201cOur 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 entire cement system is currently \u2018sold out\u2019 and this acquisition &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-the-acquisition-of-martin-mariettas-cement-import-business-in-northern-california\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-754500","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/eagle-materials-announces-the-acquisition-of-martin-mariettas-cement-import-business-in-northern-california\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Eagle Materials Announces the Acquisition of Martin Marietta\u2019s Cement Import Business in Northern California DALLAS&#8211;(BUSINESS WIRE)&#8211; Eagle Materials Inc. (NYSE: EXP) today announced it has completed the acquisition of Martin Marietta\u2019s cement import and distribution business in Northern California, which includes its cement terminal in Stockton, California. The acquisition is consistent with the company\u2019s 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, \u201cOur 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. 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