The U.S. Census Bureau of the Department of Commerce announced that construction spending during September 2016 was estimated at a seasonally adjusted annual rate of $1,150.0 billion, 0.4 percent (±1.3 percent) below the revised August estimate of $1,154.4 billion. The September figure is 0.2 percent (±1.8 percent) below the September 2015 estimate of $1,152.1 billion.
Read MoreDay: November 2, 2016
Summit Materials Expands Aggregates Sales Volume
Summit Materials Inc. announced results for the third quarter of 2016. For the three months ended Oct. 1, 2016, the company generated adjusted net income of $73.5 million, an increase of more than 15 percent when compared to the prior year period.
Read MoreThis Week’s Market Buzz
Hi-Crush Partners reported third quarter 2016 results. Revenues for the quarter ended Sept. 30, 2016, totaled $46.6 million on sales of 1,082,974 tons of frac sand. This compares to revenues in the second quarter of 2016 of $38.4 million on sales of 849,263 tons of frac sand. Athabasca Minerals is continuing permitting for the Firebag Frac Sand Project. Under the…
Read MoreReport: North American Silica Sand Demand Will Increase
Silica sand demand in North America is forecast to expand 5.1 percent per year through 2020 to 82.8 million metric tons, according to World Industrial Silica Sand, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Read MoreMinnesota County Bans Frac Sand Mining
According to the Winona Post, Winona County, Minn., board members Marie Kovecsi, Greg Olson and Jim Pomeroy voted 3-2 vote to move forward with banning the frac sand industry in rural Winona County. A final vote on the ban will not be held until the board’s November 22 meeting and the board could still change course.
Read MoreHi-Crush Has Successful Test of Integrated Delivery Solution
Hi-Crush Partners LP announced the successful pilot test of its PropStream integrated delivery solution, which is designed to structurally enhance the efficiency of sand delivery in the well completion process.
Read MoreFairmont Santrol Encouraged by Demand
Fairmount Santrol announced preliminary financial results for the third quarter ended Sept. 30, 2016. The unaudited preliminary financial results for the third quarter of 2016 represent the most current information available to management.
Read MoreTerramac Expands North American Dealer Network
Terramac, a leading manufacturer of innovative rubber track crawler carriers, expanded its representation in the North American market to include Power Equipment Co. as part of its dealer network. Power Equipment will represent the versatile Terramac product line in regions of Arkansas and Tennessee. Chris Gaylor, president of Power Equipment Co. (left) and Matt Nelson, regional sales manager of Terramac.…
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