Blue Water Industries to Sell Certain Aggregates Operations to Martin Marietta

JACKSONVILLE, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) — Blue Water Industries LLC announced today it has entered into a definitive agreement with Martin Marietta Materials, Inc. (NYSE: MLM) under which Martin Marietta will acquire 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from Blue Water Industries’ affiliate (“BWI Southeast”) for $2.05 billion in cash.