| Type | Public company (NYSE: VMC) S&P 500 Component |
|---|---|
| Industry | Construction materials |
| Founded | 1909 as Birmingham Slag Company |
| Headquarters | Birmingham, Alabama United States |
| Key people | Donald M. James, Chief Executive Officer Daniel F. Sansone, Chief Financial Officer Robert A. Wason IV, General Counsel |
| Products | Crushed stone, sand and gravel |
| Revenue | $3.65 billion USD (2008) |
| Employees | 9,917 (2008) |
| Website | http://www.vulcanmaterials.com/ |
Vulcan Materials Company NYSE: VMC, based in Birmingham, Alabama is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 9,700 people at over 356 facilities. Vulcan serves 24 states, the District of Columbia and Mexico. Vulcan's innovative Crescent City project led to construction of a large quarry and deep water seaport on the Yucatán Peninsula of Mexico, just south of Cancun. This quarry supplies Tampa, New Orleans, Houston, and Brownsville, Texas, as well as other Gulf coast seaports, with crushed limestone via large 62,000 ton self discharging ships. Shipments of all construction aggregates totaled approximately 260 million tons, during the year ended December 31, 2005.
On June 7, 2005, Vulcan completed the sale of its chemicals business, known as Vulcan Chemicals, to Occidental Chemical Corporation. The sale of assets included Vulcan's chloralkali plants in Wichita, Kansas; Geismar, Louisiana; and Port Edwards, Wisconsin, as well as Vulcan Chemicals' joint venture located in Geismar, Louisiana. In 2005, Vulcan acquired 11 aggregates operations and five asphalt plants in Arizona, Georgia, Indiana and Tennessee.
On February 19, 2007, Vulcan announced that it would buy Florida Rock Industries for $4.6 billion dollars. Vulcan completed the acquisition of Florida Rock on November 16, 2007.
In March 2007, Vulcan announced that it had been named to Fortune Magazine's list of Most Admired Companies for the sixth time. The company was ranked first in its industry sector, "Building Materials, Glass." Overall, Vulcan ranked among the top 10 companies in the Fortune 1000 for both long-term investment and social responsibility.