Martin Marietta Materials, Inc. (MLM), founded in 1993 and headquartered in Raleigh, North Carolina, is a leading supplier of construction aggregates and heavy building materials in the United States. The company specializes in producing crushed stone, sand, gravel, and other materials used in the construction industry for projects such as roads, highways, bridges, and commercial and residential buildings.
Martin Marietta operates through three main business segments:
- Aggregates: This segment focuses on the production and sale of crushed stone, sand, and gravel. The company operates a network of quarries, mines, and distribution facilities across the United States to provide high-quality aggregates to its customers.
- Cement: Martin Marietta produces cement, which is a key component in concrete and other building materials. The company’s cement operations are primarily located in Texas, and its products are used in a wide range of construction applications.
- Magnesia Specialties: This segment produces and sells magnesia-based products, such as magnesium oxide and magnesium hydroxide. These products are used in various applications, including environmental, industrial, and specialty markets, such as wastewater treatment, flue gas desulfurization, and flame retardants.
Martin Marietta is committed to sustainable business practices and places a strong emphasis on environmental stewardship, safety, and community engagement. The company invests in initiatives to reduce its environmental impact, like land reclamation, water conservation, and energy efficiency programs.