Martin Marietta Materials, Inc.: Update Following Outlook Revision to Negative
CORPORATES CREDIT OPINION 29 June 2017 Update RATINGS Martin Marietta Materials, Inc. Domicile Raleigh, North Carolina, United States Long Term Rating Baa3 Type Senior Unsecured - Dom Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contact Karen Nickerson 212-553-4924Martin Marietta Materials is a natural resource-based building materials company. The company supplies aggregates (crushed stone, sand and gravel) through its network of quarries, mines and distribution yards. The company also provides cement and downstream products, namely, ready mixed concrete, asphalt and paving services. The company conducts its Building Materials business through three segments: Mid-America Group, Southeast Group and West Group. The Mid-America and Southeast Groups provide aggregates products only. The West Group provides aggregates, cement and downstream products. The company also has the Magnesia Specialties segment, which includes its magnesia-based chemicals and dolomitic lime businesses.
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