Intertractor America Corp. announced the opening of a new service center in Gillette, Wyo. The new 6,000-sq.-ft. facility provides a centralized location for customers in North Dakota, Wyoming, Montana, Idaho, eastern Utah and northern Colorado in need of undercarriage service for excavators, dozers and other tracked machines, particularly those used in mining applications. As a supplier of OEM and aftermarket…
Read MoreDay: May 18, 2017
Eagle Materials’ Concrete and Aggregates, Cement Revenues Spike
Eagle Materials Inc reported financial results for fiscal year 2017 and the fiscal fourth quarter ended March 31, 2017. Notable items for the fiscal year and quarter include:
Read MoreClaim Post Financial Offering to Benefit Seymoursville Project
Claim Post Resources Inc. announced that it intends to conduct a non-brokered private placement of unsecured convertible debentures for total gross proceeds of up to $3 million at a price of $1,000 and integral multiples thereof per Debenture, the company said.
Read MoreEagle Materials Quarterly Frac Sand Business Up 98 Percent
Eagle Materials Inc. reported financial results for fiscal year 2017 and the fiscal fourth quarter ended March 31, 2017. Notable items for the fiscal year and quarter include:
Read MoreSmart Sand revenues Jump 141 Percent
Smart Sand, Inc. announced results for the first quarter ended March 31, 2017. “Smart Sand had a strong first quarter, substantially increasing our sales volume sequentially and year over year,” stated Charles Young, chief executive officer. “We believe this is evidence that oil and gas industry activity is continuing to improve and demand for frac sand is continuing to increase.…
Read MoreSyverson: The Market Has Reawakened
Kent Syverson, chairman of University of Wisconsin-Eau Claire’s geology department, told the Eau Clair, Wis., Leader-Telegram, “The [frac sand] industry was fairly dormant for a while, but now it has reawakened.” Syverson added, “These mines are going full out again.”
Read MoreThis Week’s Market Buzz
• According to the Winona Post, the Land Stewardship Project (LSP) made a move to join the legal battle over Winona County’s frac sand ban. Attorneys for LSP filed a motion to intervene in a lawsuit challenging the county’s ban on mining sand for industrial purposes. If the motion is granted, LSP “will defend the lawsuit shoulder-to-shoulder with the county,”…
Read MoreSens. Warner, Blunt Introduce Bipartisan BRIDGE Act
Sens. Mark R. Warner (D-Va.) and Roy Blunt (R-Mo.) led a bipartisan coalition of senators in introducing legislation to establish a new infrastructure financing authority to help states and localities better leverage private funds to build and maintain the nation’s outdated infrastructure.
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