SOURCE: Industrial Info Resources
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February 13, 2009 08:01 ET
Economic Stimulus Plan Could Provide Some Relief to Aggregates-Manufacturer Vulcan Materials, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwire - February 13, 2009) - Researched by Industrial Info Resources
(Sugar Land, Texas) -- Vulcan Materials Company (NYSE:VMC) (Birmingham,
Alabama), a leading manufacturer of asphalt, concrete, cement, and
construction aggregates such as sand, crushed stone and gravel, recently
released its fourth-quarter and full-year earnings report for the 2008
fiscal year. Chairman and CEO Donald M. James said, "The fourth quarter
brings to a close a very challenging year. The economic uncertainty,
turmoil in the financial markets and tighter credit standards weakened the
construction activity further in 2008." Vulcan's CEO also expressed
cautious optimism in regard to the proposed economic stimulus package
currently making its way through Congress.
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