Martin Marietta Magnesia Specialties, LLC

Martin Marietta Magnesia Specialties, LLC Overview

Company Headquarters: North Carolina, US

Founded: 1993

Workforce: ~8,800

Company Working: Martin Marietta Materials, LLC (Martin Marietta) produces and distributes high-purity magnesium hydroxide and dolomitic lime used worldwide in environmental, industrial, agricultural, and specialty chemical applications. It operates through Mid-America Group, Southeast Group, West Group, Materials Business, and Magnesia Specialties. The company offers magnesium hydroxide through its magnesia specialties segment. Its MagChem product line offers magnesium hydroxide used in leather tanning, drilling fluids, cement, and mining applications. Further, it is a leading supplier of aggregates and heavy side building materials used in infrastructure, nonresidential, and residential construction projects. It has operations in 27 states of the US, have two magnesia specialty chemical plants, nine asphalt plants, and two cement plants.

Strategy

Martin Marietta has implemented a strategic planning process Strategic Operating Analysis and Review (SOAR) and continues to focus on capital allocation priorities to maximize long-term shareholder value. Moreover, it aims at entering new domestic markets by acquisitions to complement existing operations and divestitures of assets that are not consistent with assigned strategic goals.

Company Snapshot

$3,819M

Revenue

8,800

Employees

1993

Founded

North Carolina, US

Headquarters

SWOT Analysis

Strengths

Global Footprint
Strong position in the global market

Weaknesses

Large market concentration in the US
Long term debt of USD 2,730,44 million in 2017

Opportunities

Expansion in the untapped Asia-Pacific and European markets
Mergers and Acquisitions

Threats

High labor cost in the US
Environmental Regulations

Product Offering

Martin Marietta Magnesia Specialties, LLC
- Magnesia Specialties

Financial Performance

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