Martin Marietta Materials acquired Blue Water Industries' aggregates operations for $2.05 billion, enhancing its footprint in key growth regions in the Southeastern United States.

Overview of Blue Water Industries LLC

Blue Water Industries LLC is a privately-held construction aggregates producer based in the United States. Founded in 2017, the company was established as a partnership between John D. Baker II, Ted Baker II, and an investment fund managed by Blue Water Advisors. Blue Water operates across seven states—Florida, Tennessee, North Carolina, South Carolina, Alabama, Mississippi, and Virginia—serving some of the most rapidly developing regions in the Southeastern United States. The company specializes in acquiring, developing, and operating a portfolio of high-quality construction aggregates.

With a focus on producing essential materials for the construction industry, Blue Water has positioned itself as a significant player in regional markets. Its operations encompass numerous active aggregate sites that contribute to the growing demand for construction materials driven by economic development and infrastructure projects.

Industry Overview in the United States

The construction aggregates industry in the United States plays a critical role in supporting various sectors, including residential, commercial, and infrastructure development. Demand for aggregates is primarily fueled by increasi