Vulcan Materials CO

Vulcan Materials Company is a leading supplier of construction aggregates, primarily crushed stone, sand, and gravel, in the United States. The company operates in 23 states, the U.S. Virgin Islands, Washington D.C., Freeport (Bahamas), British Columbia (Canada), Puerto Cortés (Honduras), and Quintana Roo (Mexico). Vulcan's business strategy is based on an aggregates-focused business, an emphasis on durable growth, a holistic approach to land management, and a commitment to safety, health, and the environment. The company's durable growth comes from organic growth in its existing business and inorganic growth through mergers and acquisitions. Vulcan has a coast-to-coast footprint and serves over 26,000 customers. The company's website is <https://www.vulcanmaterials.com>, and its ticker symbol is VMC on the New York Stock Exchange. Vulcan's business segments include Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment produces and sells crushed stone, sand, and gravel, and other aggregates. The Asphalt segment produces and sells asphalt mix and related services. The Concrete segment produces and sells ready-mixed concrete and related services. The Calcium segment produces and sells calcium products. Vulcan's aggregates are used in a variety of ways, including as a base material for highways, walkways, airport runways, parking lots, and railroads, and as a raw material for constructing houses, schools, hospitals, commercial buildings, and other structures. The aggregates industry is highly fragmented, with over 5,000 companies operating in the United States. The industry is characterized by limited product substitution, location and transportation of reserves, and flexible production capabilities. The demand for aggregates is driven by population growth, gains in total employment and household income, and a continuing increase in household formations. The company's focus is on markets with above-average long-term expected population growth and where construction is expected to expand. Vulcan's mission is to provide quality products and services that exceed customer expectations, be responsible stewards with respect to safety and the environmental impact of its operations and products, and drive value and superior returns for its customers, employees, communities, and shareholders.