SUM 📈 Summit Materials - Overview

Summit Materials Inc is a construction materials company that operates on a large scale, with a presence in both the United States and Canada, providing a wide range of products and services to various end markets. The company's product portfolio includes aggregates, such as crushed stone, sand, and gravel, which are essential components in construction projects. Additionally, it offers cement, a critical binding agent in concrete, as well as ready-mix concrete, which is a mixture of cement, water, and aggregates. The company also produces asphalt paving mixes, which are used to construct and maintain roads, highways, and other infrastructure projects. Furthermore, it manufactures concrete products, such as pipes, precast concrete structures, and other specialized products. Its plastics components business produces a variety of plastic products used in construction and other industries.

The company's operations are organized into three main segments: West, East, and Cement, each with its own distinct characteristics and market dynamics. The West segment operates in the western United States and Canada, where the company has a significant presence in the construction materials market. The East segment, on the other hand, operates in the eastern United States, where the company has a smaller but still significant presence. The Cement segment is focused on the production and distribution of cement, which is a critical component in the construction industry. Summit Materials also provides asphalt paving and related services, including paving, maintenance, and repair of roads, highways, and other infrastructure projects. Moreover, the company operates a network of municipal waste, construction, and demolition debris landfills, which are essential for managing waste and promoting sustainability in the construction industry. It also operates liquid asphalt terminals, which are used to store and distribute asphalt products to customers.

Summit Materials serves a diverse range of end markets, including public infrastructure, residential, and nonresidential construction. The company's products and services are used in a wide range of construction projects, from roads and highways to buildings, bridges, and other infrastructure projects. With a strong presence in the construction materials market, Summit Materials is well-positioned to capitalize on growth opportunities in the industry. Founded in 2009 and headquartered in Denver, Colorado, the company has established itself as a major player in the construction materials sector, with a web presence at https://summit-materials.com and a common stock listed on the New York Stock Exchange under the ticker symbol SUM, with the ISIN code US86614U1007, and classified under the GICS Sub Industry: Construction Materials.