Martin Marietta acquires two Colorado-based companies

By |  February 23, 2016
Martin Marietta's Parkdale Quarry | Photo: Martin Marietta

Martin Marietta’s Parkdale Quarry | Photo: Martin Marietta

Martin Marietta Materials Inc. acquired two Colorado-based companies, growing its workforce by about 400 people, strengthening its long-term position in the state’s southern market and complementing its presence in the metro Denver area.

The larger of the two acquisitions, Colorado Springs-based Rocky Mountain Materials & Asphalt and Rocky Mountain Premix, was finalized Feb. 6. The acquisition added nearly 400 employees at Red Canyon Quarry, a granite and limestone quarry; Sokol and Penrose Ranch, two active sand-and-gravel operations; two ready-mix plants; two asphalt plants; and a recycling facility. Rocky Mountain Materials also sells decorative landscape stone and other landscaping materials.

The smaller acquisition, that of Front Range Aggregates and its rock and rail subsidiary, was completed Nov. 13. This acquisition added about 25 employees at the Parkdale Quarry, an aggregates facility; Drennan Yard, a distribution facility; and Rock & Rail, a federally chartered short-line railroad that operates east and west between Pueblo and Parkdale, Colo.

Combined, the acquisitions add nearly 1 billion tons of aggregates to Martin Marietta’s reserves. The new employees and locations join the company’s Rocky Mountain Division, based in Westminster, Colo., just north of Denver.

Read Martin Marietta’s latest quarterly report here.

Allison Barwacz

About the Author:

Allison Barwacz is the digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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