Page 154 - Martin Marietta - 2024 Proxy Statement
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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)
b
As more fully discussed in the Consolidated Strategic Objectives section, geography is critically important for the Building Materials
business. The Company conducts its Building Materials business through two reportable segments, organized by geography: East
Group and West Group. The East Group, consisting of the East and Central divisions, provides aggregates and asphalt products.
The West Group is comprised of the Southwest and West divisions and provides aggregates, cement, ready mixed concrete, asphalt
and paving services.
The following ten states accounted for 82% of the Building Materials business 2023 total revenues: Texas, North Carolina, Colorado,
California, Georgia, Minnesota, Arizona, Iowa, Florida and Indiana.
Page 52 ♦ 2023 Annual Report