Asphalt Concrete Equipment & Supplies (ACE Equipment) of Keene, Ontario, Canada, teamed up with ALLU Group, Inc. in order to better inform customers on equipment usage and techniques that will enhance their profitability. ALLU screener crusher buckets are versatile processing attachments for any wheel loader, excavator, skid steer or backhoe. They can be pin or quick-attach mounted and operate from the base machine’s…
Read MoreMonth: January 2016
Caterpillar Looks for Market Rebound
Caterpillar Inc. announced 2015 fourth-quarter sales and revenues of $11.0 billion, down from $14.2 billion in the fourth quarter of 2014. Sales and revenues for full-year 2015 were nearly 15 percent lower than 2014 and 29 percent off the 2012 peak. The two most significant reasons for the decline from 2014 were weakening economic growth and substantially lower commodity prices, according…
Read MoreNonmetallic Mineral Products Index Stays Strong
The nonmetallic mineral products industry-leading index increased 0.1 percent to 253.3 in December from a revised 253.0 in November; however, its 6-month smoothed growth rate decreased to 7.5 percent from a revised 8.1 percent in November, according to the U.S. Geological Survey.
Read MoreCommentary: The Aggregates Industry In 2016
John Vyskocil, vice president of business development at Aligned Equity Partners and Turn-Key Processing Solutions, offers this take on the aggregates industry in 2016:
Read More2015 New-Home Sales Reach Eight-Year High
Sales of newly built, single-family homes rose 14.5 percent to 501,000 units in 2015, the highest level since 2007, according to newly released data from HUD and the U.S. Census Bureau. Meanwhile, sales in December increased 10.8 percent to a seasonally adjusted annual rate of 544,000 from an upwardly revised November reading.
Read MoreMartin Sprocket & Gear Opens Pittsburgh Branch
Martin Sprocket & Gear Inc., a leading manufacturer of Power Transmission Parts and Material Handling Systems, expanded its U.S. service offering and inventory availability in the Northeast with the opening of a new Pittsburgh manufacturing branch in Zelienople, Pa. One of 30 Martin locations in North America, the Pennsylvania facility will stock a deep inventory of more than 30,000 SKUs…
Read MoreThis Week’s Market Buzz
According to Oil Pro, oil prices rose toward $34/bbl, amid growing chatter about the possibility of OPEC and non-OPEC producers meeting to discuss cutting production levels to support prices. Brent hit $35/bbl after the Russian Energy Minister said Saudi Arabia had proposed cutting oil output by up to 5 percent by each country in order to bolster oil prices. Brent…
Read MoreHalliburton Opens Huge New Texas Plant
Halliburton officially opened its Elmendorf South Texas Sand Plant with a ribbon-cutting ceremony. It is the largest Halliburton sand facility in the world and represents a $35.7 million investment.
Read MoreHi-Crush, Liberty Partner to Increase Efficiencies in Colorado
Hi-Crush Partners LP and Liberty Oilfield Services jointly announced the achievement of operational milestones for sand volumes, unit train deliveries and efficiency gains during the fourth quarter of 2015.
Read MoreLegal Action Taken to Stop Sand Plants
Residents in Wisconsin’s Jackson County are suing to stop the development of two frac sand mining operations proposed by AllEnergy of Iowa and Terracore of Alberta, Canada. The cases are the first of their kind in the state, according to Wisconsin Public Radio.
Read More