| Business Summary | | Vulcan
Materials
Company
and
its
subsidiaries
are
principally
engaged
in
the
production,
distribution
and
sale
of
construction
materials
and
industrial
and
specialty
chemicals.
The
Company's
construction
materials
business
consists
of
the
production
and
sale
of
construction
aggregates
and
other
construction
materials
and
related
services.
Construction
aggregates
include
crushed
stone,
sand
and
gravel,
rock
asphalt,
recrushed
concrete
and
crushed
slag
(a
by-product
of
blast
iron
and
steel
production),
and
are
employed
in
virtually
all
types
of
construction,
including
highway
construction
and
maintenance
and
in
the
production
of
asphaltic
and
portland
cement
concrete
mixes.
The
Chemicals
segment
is
organized
into
two
business
units,
the
Chloralkali
Business
Unit,
which
manages
the
Company's
line
of
chloralkali
products
and
related
businesses,
and
the
Performance
Chemicals
Business
Unit,
which
manages
the
Company's
specialty
chemicals
and
services
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Vulcan
Materials
produces,
distributes,
and
sells
construction
material
and
industrial
chemicals.
Products
include
crusted
stone,
sand,
gravel
and
limestone.
For
the
six
months
ended
6/30/01,
sales
rose
13%
to
$1.33
billion.
Net
income
fell
14%
to
$85.3
million.
Revenues
reflect
the
Tarmac
acquisition,
improved
pricing
and
volumes
and
the
chloralkali
joint
venture.
Net
income
was
offset
by
lower
gross
margins,
higher
natural
gas
and
interest
expenses
and
Tarmac
facility
upgrades. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald James, 52 Chairman,
CEO | $2.2M | Mark Tomkins, 45 CFO,
Sr. VP | -- | Peter Clemens, III, 57 Exec.
VP | 1.4M | William Denson, III, 57 Sr.
VP, Gen. Counsel, Sec. | -- | Guy Badgett, III, 52 Sr.
VP-Construction Materials, East and Pres, Southeast Division | 1.1M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|