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Vulcan Materials Company
Vulcan Materials Company

Construction / Construction materials

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Company at a Glance

Overview
Vulcan Materials Company is a publicly-traded leading producer of construction aggregates, primarily crushed stone, sand, and gravel, as well as producing asphalt and ready-mixed concrete. The company was founded in 1909 and is headquartered in Birmingham, Alabama.
Vulcan Materials operates over 300 aggregate facilities, including quarries, mines, and distribution yards, as well as more than 100 ready-mix plants and over 20 asphalt facilities in 20 states, the District of Columbia, and Mexico. The company's largest operations are located in the Southeastern and Mid-Atlantic regions of the United States.
The company employs approximately 8,200 people and has a strong commitment to safety and sustainability, implementing innovative and efficient practices to reduce its environmental impact.
In addition to its core construction materials business, Vulcan also has several strategic business units, including Vulcan Construction Materials, Vulcan Energy Corporation, and Vulcan Lands.
Vulcan Materials is listed on the New York Stock Exchange under the ticker symbol VMC and is a component of the S&P 500 index. The company reported revenues of over $4 billion in 2020.
What is special about the company?
There are a few key factors that make Vulcan Materials Company unique in the industry:
1. Long-standing history: Vulcan Materials Company has been in operation for over 100 years, making it one of the oldest and most established companies in the construction materials industry.
2. Scale of operations: The company is the largest producer of construction aggregates in the United States, with over 300 active quarries and distribution facilities across the country. This scale allows Vulcan to serve a wide range of customers and projects.
3. Diverse product offerings: Unlike some of its competitors who focus on a specific type of construction material, Vulcan Materials Company offers a wide range of products including crushed stone, sand, gravel, and asphalt.
4. Emphasis on sustainability: The company has made a commitment to sustainability and strives to minimize its environmental impact through responsible land management, resource conservation, and energy efficiency.
5. Strong financial performance: Vulcan Materials Company is consistently recognized for its financial stability and profitable operations, making it a reliable choice for customers, investors, and employees alike.
6. Commitment to safety: Safety is a top priority for Vulcan, and the company has implemented rigorous safety practices and training programs to ensure the well-being of its employees and those who interact with their operations.
7. Corporate social responsibility: Vulcan Materials Company is committed to giving back to the communities in which it operates. The company actively supports various charitable causes and encourages employee involvement in volunteer activities.
What the company's business model?
The Vulcan Materials Company is a leading producer of construction aggregates (primarily crushed stone, sand, and gravel) and a major producer of other construction materials such as asphalt and ready-mixed concrete. Their business model is based on supplying these materials for various construction projects, including highways, airports, and commercial and residential development. They also provide related products and services such as transportation and logistics for their materials, and land development services. This business model allows Vulcan Materials Company to generate revenue through the sale of their products and services to customers in the construction industry. They also focus on sustainable practices and environmental stewardship in their operations.
Interesting facts about the company
Environment, health and safety
One of the most significant accomplishments of the Vulcan Materials Company is its commitment to environmental stewardship. The company’s Environmental Management System (EMS) has been certified to the ISO 14001 standard since 2003, indicating its dedication to improving environmental performance and reducing its environmental impact.
Vulcan also has a strong focus on health and safety, as evidenced by its nine consecutive years of receiving the National Stone, Sand and Gravel Association’s prestigious Platinum Award for safety. The company has a goal of zero recordable injuries and strives to provide a safe workplace for all employees.
Corporate social responsibility
The Vulcan Materials Company is a strong supporter of the communities in which it operates. The company’s philanthropic arm, Vulcan Materials Company Foundation, works to improve the quality of life in these communities through partnerships with local organizations and initiatives.
Vulcan also has a commitment to diversity and inclusion, aiming to create a workplace that embraces different perspectives, backgrounds, and experiences. The company has adopted a Supplier Diversity Program to promote the development and utilization of diverse suppliers, and has also established several employee resource groups to support diversity and inclusion within the company.
Innovation and technology
Vulcan Materials Company is a leader in innovation and technology in the construction materials industry. The company’s research and development team is constantly working to improve its products and processes, resulting in groundbreaking advances such as a carbon capture process that captures and converts carbon dioxide emissions into sustainable building materials.
The company also uses the latest technology in its operations, from the use of drones and 3D imaging for site surveys, to automated equipment and high-tech crushing and processing techniques. This technology not only increases efficiency and productivity, but also reduces the environmental impact of the company’s operations.
Sustainability
Vulcan Materials Company has a strong commitment to sustainability, reflected in its daily operations and long-term planning. The company strives to minimize its environmental footprint by optimizing its land use, reducing energy consumption, and conserving natural resources.
Vulcan also takes steps to promote sustainability in the construction industry, such as using recycled materials in its products and working with customers to develop sustainable building practices. The company’s sustainability efforts have been recognized by multiple organizations, including being named to the Corporate Responsibility Magazine’s 100 Best Corporate Citizens list for 11 consecutive years.
Company history
Vulcan Materials Company has a rich history dating back to its founding in 1909 in Birmingham, Alabama. The company has played a significant role in the development of the Southeastern United States, supplying materials for iconic projects such as the Tennessee Valley Authority dams and Interstate highways.
Throughout its history, Vulcan has grown through strategic acquisitions and mergers, becoming the largest producer of construction aggregates in the United States. Today, the company operates over 300 active quarries and distribution yards in 20 states, providing materials for construction projects of all sizes.
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