January 20, 2017 7:15 AM ET

Construction Materials

Company Overview of New Enterprise Stone & Lime Co., Inc.

Company Overview

New Enterprise Stone & Lime Co., Inc. operates as a construction materials supplier and heavy/highway construction contractor primarily in Pennsylvania, western New York, and the eastern United States. The company also provides traffic safety services and equipment. It operates in three segments: Construction Materials, Heavy/Highway Construction, and Traffic Safety Services and Equipment. The Construction Materials segment is involved in the production of aggregates, including crushed stone, and construction sand and gravel; hot mix asphalt; and ready mixed concrete products. This segment also operates transportation facilities for bulk cargo storage, railroad transportation, and other tran...

3912 Brumbaugh Road

PO Box 77

New Enterprise, PA 16664

United States

Founded in 1924

2,415 Employees

Phone:

814-766-2211

Key Executives for New Enterprise Stone & Lime Co., Inc.

Chief Executive Officer, President, Corporate Secretary and Director
Age: 57
Chief Financial Officer, Executive Vice President and Treasurer
Age: 56
Chief Operating Officer and Executive Vice President
Age: 61
Executive Vice President and Chief Executive Officer of Martin Limestone Inc
Age: 39
Executive Vice President and Chief Executive Officer of Valley Quarries Inc
Age: 72
Compensation as of Fiscal Year 2016.

New Enterprise Stone & Lime Co., Inc. Key Developments

James W. Van Buren Resigns from the New Enterprise Stone & Lime Co., Inc.'s Board of Directors

On November 16, 2016, James W. Van Buren resigned from the company's board of directors and from the executive committee of the board. Mr. Van Buren's resignation did not involve a disagreement with the company or any matter relating to the company's operations, policies or practices.

New Enterprise Stone & Lime Co., Inc. Reports Earnings Results for the Second Quarter and Six Months Ended of August 31, 2016; Provides Capital Expenditure Guidance for the Full Year of 2017

New Enterprise Stone & Lime Co., Inc. reported earnings results for the second quarter and six months ended of August 31, 2016. For the quarter, the company’s Capital expenditures were $20.7 million. Cash used in operations was $18 million. For the six months, the company reported net loss of $1.8 million compared to net income of $8.9 million a year ago. EBITDA was $21.0 million compared to $72.1 million a year ago. Adjusted EBITDA was $84.3 million compared to $74.4 million a year ago. Adjusted EBITDA less capital expenditures was $5.0 million compared to $56.6 million a year ago. Capital expenditures were $28.8 million. For the full year, the company expects actual capital expenditures this year to be approximately the same as last year.

New Enterprise Stone & Lime Co., Inc., Q2 2017 Earnings Call, Oct 28, 2016

New Enterprise Stone & Lime Co., Inc., Q2 2017 Earnings Call, Oct 28, 2016

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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