Aggregates Manager Digital Magazine
Issue link: http://read.dmtmag.com/i/187920
We have run with all of those initiatives that have, collectively, led to our stock 52 week low 52 week high performance. $5.86 $22.21 It really shows that attitude and leadership matter. I have a great winning team Market cap $281.99M here. There aren't that many Average volume 58,101 people who are different, but they are different, with P/E ratio N/A a different focus and a difRev. per Employee N/A ferent attitude. You build on small successes, and it EPS -1.87 breeds bigger successes. Dividend N/A There is value in teamwork and having everybody from Div yield N/A the CEO to the newest Ex dividend date N/A ready-mix truck driver being aligned. When they are all could make money: we replaced mixer aligned in this mission of improved pertrucks where necessary, improved on formance, of excellence, these results can quarry operations with both mobile and happen, and we're proving that. fixed plant equipment in order to lower our costs of production, and, on the How do you continue this growth in the future? soft side, got everybody to believe again that we were winners. I instituted some I still think we have opportunities for increased performance incentives to reorganic growth. We can improve on our ward people for performance results. efficiencies. We are doing cutting-edge U.S. Concrete Inc. (NASDAQ: USCR) p U.S. Concrete Inc. Stock Prices 25 20 15 10 5 Oct Nov 16 13 Feb Mar Apr May June July Aug research on environmentally friendly and environmentally sustainable concrete out of our R&D lab in San Jose; so we do have new product rollouts that are going to help us. We're looking aggressively for tuck-in, bolt-on acquisitions to expand our footprints where we think we have enough size and stability to grow in all of our markets. And, I still think that all of the dynamics — the underlying trends of increased residential housing starts (both single-family and multi-family), non-residential, and, hopefully increased infrastructure spending later in the cycle — are still in play for a number of years. Are you seeing customer demand for sustainable products? It is absolutely a growing trend in the areas where we operate in California. In the San Francisco Bay Area, we believe that gives us a competitive edge. Customers are requiring it, not requesting it. As with many trends, it appears that California leads the nation. Looking at second quarter year-over-year growth by segment, the overall revenue growth rate was 17.6 percent, and the aggregate segment grew 32 percent. Is that growth through acquisition or organic growth? It's all organic. We didn't add any aggregate operations during the quarter. A lot of our our aggregate growth was internal. We are very diligently trying to supply as much to ourself as we can, where we can. There was an added focus on internal supply. AGGREGATES MANAGER October 2013 CompanyProfile_AGRM1013.indd 16 9/19/13 9:39 AM