Summit Materials Aggregates Revenue Sees Healthy Increase

Summit Materials Inc. announced results for the second quarter 2017. For the three months ended July 1, 2017, the company reported basic earnings per share of $0.47 on net income of $50.0 million, compared to basic earnings per share of $0.21 on net income of $13.4 million in the prior year period. Operating income increased by 75. percent to $82.4…

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MDU Resources Cites Weather Factors in Quarterly Report

MDU Resources Group Inc. announced that a strong second quarter at its utility and construction services businesses partially offset a slow quarter at its construction materials business caused by weather-related delays and increased competition. Second quarter earnings from continuing operations were $43.8 million, or 22 cents per share, compared to second quarter 2016 earnings from continuing operations of $46.1 million,…

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Caterpillar Financial Picture Strengthens in Q2

Caterpillar Inc. announced second-quarter 2017 sales and revenues of $11.3 billion, compared with $10.3 billion in the second quarter of 2016. Second-quarter 2017 profit per share was $1.35, compared with $0.93 per share in the second quarter of 2016. Excluding restructuring costs and a gain on the sale of an equity investment in IronPlanet, second-quarter 2017 adjusted profit per share…

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Peninger Named to RGI Board

The Rogers Group Inc. (RGI) board of directors announced the recent election of Diana M. Peninger to its board. Peninger is an operations-oriented executive with more than 30 years of experience, mostly with Celanese Corp. – her most recent role being vice president with responsibility for its $2.3 billion Acetyl Intermediaries portfolio of businesses. RGI Chairman Ben L. Rechter said,…

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