| Vulcan Information
At Vulcan, we operate our businesses in a socially responsible manner because we understand that our responsibilities extend to our communities as well as our shareholders.
We endeavor to be a trusted neighbor and responsible partner in the communities we serve, collaborating and communicating with community residents, leaders and organizations.
Social responsibility efforts at Vulcan are focused on safety, health, environmental stewardship and education and enhancing relationship with our communities through public service.
Vulcan Materials Company, based in Birmingham, Alabama, provides infrastructure materials widely used throughout the American economy. Vulcan is the nation's largest producer of construction aggregates and a leader in the production of other construction materials including asphalt and ready-mixed concrete.
Vulcan produces aggregates, primarily crushed stone, sand and gravel, which are used in nearly all forms of construction. In particular, large quantities of aggregates are used to build roads and nonresidential properties.
Vulcan is an S&P 500 company listed and traded on the New York Stock Exchange under the symbol “VMC.” Vulcan has approximately 8,000 employees in the United States and Mexico. Sales in 2006 were approximately $3.0 billion.
The Nation’s Largest Aggregates Producer
As the nation’s largest producer of construction aggregates, Vulcan operates 287 aggregates production facilities and sales yards. These operations provide a diversified line of aggregates, other construction materials, and related services to all parts of the construction industry in 21 states, the District of Columbia and Mexico. In 2006, Vulcan shipped 255 million tons of aggregates. Vulcan also produces and sells asphalt and concrete in California, Texas, Arizona and New Mexico. Aggregates for the asphalt and concrete production facilities are provided by Vulcan operations in those states.
Division headquarters in seven different regions of the U.S. have operational responsibility for the company’s widespread construction materials activities. Vulcan has over 11 billion tons of zoned and permitted aggregates reserves, sufficient to last, on average, approximately 44 years at current production rates.
Historically, more than half of Vulcan’s aggregates shipments have been used in publicly funded projects. In 2006, this sector accounted for 44% of demand, and included the construction and maintenance of highways, roads and government buildings. The remainder was used for housing, in privately funded commercial and industrial projects, as railroad ballast and for agricultural and industrial applications.
Vulcan has a significant market presence in nine of the top ten metropolitan areas of the United States that are expected to experience the largest absolute growth in population over the next ten years. Population growth is a significant driver of aggregates demand.
Excellence in Safety, Health, Environmental Stewardship & Community Relations
Vulcan believes that continued success in the aggregates industry depends on its strong performance as a corporate citizen. Each of Vulcan’s divisions has implemented programs designed to monitor conditions at company facilities, assure compliance with relevant laws and regulations, and develop practices and procedures for the protection of environmental resources.
Vulcan’s charitable contributions programs through the Vulcan Materials Company Foundation are focused on support of education, environmental stewardship, and encouraging employee involvement in these activities. These efforts include involvement in 197 adopt-a-school programs, funding numerous college scholarships, and conducting facilities tours for approximately 33,000 people each year. Most of our quarry tours are conducted for school children who visit our facilities in conjunction with earth science studies.
Vulcan also participates in a program to develop enhanced wildlife habitats at many of its quarries. This program is sponsored and sanctioned by the Wildlife Habitat Council, a non-profit organization comprised of corporate and environmental groups set up to help companies inventory wildlife species on corporate lands and to provide habitat enhancements for those species. Vulcan has established and maintains 38 certified wildlife habitats, more than any other industrial company in the United States.
Awards & Recognition
Through the years, Vulcan Materials has received numerous awards from government agencies, community organizations and industry groups. These include:
- Recognition by the U.S. Department of Labor for leadership in protecting employees from workplace dust exposure. Vulcan commended for exposure monitoring, medical testing and employee training.
- The North Carolina Mining Commission chooses Vulcan’s Cabarrus Quarry as the winner of the Mining Stewardship Award for Outstanding Public Outreach and Environmental Enhancement. Exceptional efforts in wildlife habitat enhancement and community outreach and education lauded.
- As Business Conservationist of the Year, Vulcan receives the North Carolina Governor's Conservation Achievement Award.
- State’s most prestigious environmental honor conferred by the North Carolina Wildlife Federation and the National Wildlife Federation.
- For six years, Vulcan has been named to Fortune magazine’s list of “America’s Most Admired Companies.” Social responsibility, a category in which the company routinely earns high marks, is among the eight award criteria. In 2004, Vulcan was recognized as among the top ten of all Fortune 1000 companies in the attributes of social responsibility and financial soundness.
- Vulcan recognized as one of the 100 best-managed industrial companies in the world by Industry Week magazine.
- Vulcan’s Western Division receives the California Governor’s Environmental and Economic Leadership award for its innovative work with a conservation bank.
- Vulcan named by the Irwindale, California Chamber of Commerce as the Business of the Year for the Company’s vital role in the community and local economy.
Vulcan continues to lead the stone industry in plant beautification. Since the beginning of an industry sponsored awards program in 1975, Vulcan quarries have received 203 awards for achieving the highest level of quarry beautification.
Florida Rock Information
Founded in 1929, Florida Rock Industries, Inc. is one of the country’s largest producers of aggregates. Florida Rock is also a major supplier of concrete in Florida, Georgia, Virginia and Maryland, and a significant cement supplier in the state of Florida. Since going public in 1972, Florida Rock has delivered 34 consecutive years of operating profitability.
Based in Jacksonville, Florida, the company has 3,500 employees. In fiscal year 2006, it had net sales of $1.3 billion.
Key factors in Florida Rock’s success are its strong positions in some of the most attractive construction materials markets in the U.S.; its quarries, down-stream businesses and distribution facilities that are strategically located in these markets; and a strong track record of meeting the needs of its customers.
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