Summit Materials Inc SUM

Summit Materials, Inc. is a construction materials company that specialises in the supply of building materials including aggregates, cement, premixed concrete, and asphalt paving mix. Summit Materials was founded in 2009, but its origins can be traced back to 1892 with the formation of the Boxley Company, which purchased its first quarry in 1908 in Virginia. As of December 2021, Summit employs over 6,000 people and operates in the US and western Canada. Its headquarters are based in Denver, Colorado.

A US-based group, Summit comprises 12 platform companies, with operations in 12 states and in British Columbia, Canada. It is a single-source supplier for the construction industry, providing downstream products as well as core building materials. Summit Materials supplies both the residential and non-residential sectors, as well as the infrastructure market. The company owns and operates cement plants and distribution centres, sand and gravel pits, quarries, asphalt plants, and landfill sites.

A publicly traded company, Summit Materials is listed on the NYSE under the ticker SUM. As of December 2021, Summit Materials has acquired over 80 companies. The company philosophy is to forge partnerships with established local businesses.

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