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Vulcan Materials Refocuses On Aggregates With California And Houston Exits
Vulcan Materials (NYSE:VMC) is selling its California ready-mixed concrete operations and has completed the sale of its asphalt and construction services in Houston. These divestitures aim to sharpen the company’s focus on its core aggregates business, which management identifies as the main earnings driver. The strategic shift could improve margins and capital allocation, concentrating on infrastructure-driven demand while potentially reducing product line diversification.