RALEIGH, N.C. - The Triangle Business Journal, in a recent article, traced Martin Marietta's growth in recent years under the leadership of Chairman, President and CEO Ward Nye.
The report, which notes that the Company, along with others in the industry, faced significant challenges during the Great Recession, Points to today's stock price as evidence that Martin Marietta is positioned for great things.
"MLM stock is expected to finish the year some 60 percent higher than it was last year," writes Sougata Mukherjee, the Business Journal's editor. "On Nov. 30, the stock was trading at about $160 per share, near its 52-week high of $178 registered in September. Last December, the stock was at $100 per share."
The article continues to discuss the positive impact of the recently passed highway spending bill that Pres. Obama signed into law on Friday, the synergies being realized from the acquisition of Texas Industries and some challenges the Company faces moving into 2016.
Read the full report from the Triangle Business Journal.