Polaris Materials Corp.

Polaris Materials Corp.

Oversees the development, production and distribution of high-performance construction aggregates to the United States and Canada. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD275m (Public information from Aug 2017)
Vancouver British Columbia (HQ)
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DateInvestorsAmountRound
N/A

$440k

Early VC
N/A

N/A

IPO

$17.4m

Post IPO Equity

$202m

Valuation: $202m

Acquisition
Total FundingCAD600k

Recent News about Polaris Materials Corp.

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Polaris Materials Corporation is a Vancouver-based company specializing in the development, production, and distribution of high-performance construction aggregates. The company operates the Orca Quarry, a significant sand and gravel deposit located on the northeast coast of Vancouver Island, British Columbia. Polaris holds an 88% interest in this quarry, which spans approximately 350 hectares. Through a long-term marine shipping agreement with CSL Americas, Polaris efficiently facilitates the sale and distribution of construction-grade sand, gravel, and crushed rock to the West Coast of the United States and Hawaii. As a wholly owned subsidiary of Vulcan Materials Company, Polaris benefits from the resources and expertise of the largest producer of construction crushed stone, sand, and a major producer of aggregates-based construction materials in the United States, including asphalt and ready-mixed concrete. Polaris serves a diverse range of clients in the construction industry, including contractors, builders, and infrastructure developers. The company operates in the North American market, focusing on regions with high demand for construction materials. Polaris generates revenue through the sale of its high-quality aggregates, leveraging its strategic locations and efficient distribution network to meet the needs of its clients.

Keywords: construction aggregates, high-performance, sand, gravel, crushed rock, Orca Quarry, marine shipping, West Coast, infrastructure, Vulcan Materials.

Tech stack

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