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Vulcan Materials Company

VMCBasic Materials· Birmingham, AL, United States
LAYOFFS TRACKED
1
LAST EVENT
MARKET CAP
$34.75B
EMPLOYEES
10,961

Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. It operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The company provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. It also offers asphalt mix and asphalt construction paving services; ready-mixed concrete; and calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

Layoff timeline

1 EVENT
Date not reportedUpcoming · EstimatedNews

Vulcan Materials Company, a major employer in Alabama, has announced plans to lay off over 400 employees. The layoffs are part of a broader restructuring effort aimed at improving operational efficiency. Specific details regarding the departments affected or the timeline for these layoffs have not been disclosed. This decision reflects the company's ongoing adjustments in response to market conditions and operational needs. The layoffs are expected to impact the workforce significantly in the region, highlighting the challenges faced by the company in the current economic climate.

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