Martin Marietta completed the acquisition of Premier Magnesia.

Martin Marietta, a supplier of building materials, completed the acquisition of Premier Magnesia, a mining company. Financial terms were not disclosed. “Consistent with the priorities outlined in the Company’s Strategic Operating Analysis and Review 2025 plan, we continuously endeavor to improve the attractiveness of our portfolio through asset purchases, exchanges and divestitures. Following a thorough evaluation, we believe that exchanging our remaining cement plant and related ready-mixed concrete operations for core aggregates assets and pursuing accretive bolt-on acquisitions for our complementary Magnesia Specialties business best positions the Company for long-term earnings growth," Ward Nye, Chair, Martin Marietta President and CEO.