Page 159 - Martin Marietta - 2025 Proxy Statement
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MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)
As more fully discussed inthe StrategicObjectives section, geography is critically important for the BuildingMaterials business.
The Companyconducts its BuildingMaterials businessthrough two reportablesegments, organizedby geography: East Group
and West Group. The East Group,consistingof the East and Central divisions, provides aggregates andasphalt products. The
West Group iscomprised of theSouthwest andWest divisions andprovidesaggregates, cement, ready mixedconcrete, asphalt
andpaving services.
The following tenstatesaccounted for81% of the Building Materials business 2024 revenues: Texas,North Carolina, Colorado,
California,Georgia, Florida, Minnesota,Arizona,South Carolinaand Iowa.
2024 Annual Report ♦ Page 51