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    Garrett GreenblattJPMorgan Chase & Co.

    Garrett Greenblatt's questions to Martin Marietta Materials Inc (MLM) leadership

    Garrett Greenblatt's questions to Martin Marietta Materials Inc (MLM) leadership • Q2 2025

    Question

    Garrett Greenblatt asked about the future of the Magnesia Specialties business, specifically its importance for M&A and its potential long-term scale within the company.

    Answer

    CEO C. Howard Nye described the business as an 'important' and 'additive' part of the portfolio that will never be 'huge' but provides high margins, strong cash flow, and cyclical resilience. He indicated that while bolt-on acquisitions are possible, the company will remain firmly aggregates-led.

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