Summit Materials, Inc. (SUM), founded in 2009 and headquartered in Denver, Colorado, is a leading construction materials company in the United States. The company specializes in the production and sale of aggregates, cement, ready-mix concrete, and asphalt paving mix, catering to both public and private sector construction projects. Summit Materials primarily focuses on infrastructure, residential, and nonresidential construction markets.
The company operates through several primary business segments:
- Aggregates: Summit Materials produces and sells a wide range of aggregates, such as crushed stone, sand, and gravel, which are essential raw materials for the construction industry. The company operates numerous quarries and distribution facilities across the United States to provide a consistent supply of high-quality aggregates.
- Cement: The company is involved in the production and sale of cement, a key component of concrete and other building materials. Summit Materials operates cement plants that emphasize quality and efficient production.
- Ready-mix concrete: Summit Materials produces and sells ready-mix concrete, a versatile and essential construction material used in various applications. The company operates numerous concrete plants across its service areas, providing high-quality concrete products for the construction industry.
- Asphalt: The company is engaged in the production and sale of asphalt paving mix, which is used in paving roads, highways, and other surfaces. Summit Materials operates several asphalt plants and has a significant presence in its key markets.