Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science, software and services.
Read MoreMonth: September 2017
Duren Appointed to U.S. Silica Board
U.S. Silica Holdings Inc. announced that it has appointed Diane K. Duren to its board of directors. The election of Duren increases the size of the company’s board to six members. Duren will also serve as an independent member of the Audit and Compensation committees of the board.
Read MoreBadger Mining Presents Scholarships
Since 1986, Badger Mining has been funding a scholarship program for students intending to pursue a degree in mining engineering, other engineering curricula, or environmental science.
Read MoreMeteor Timber Project May Threaten an Endangered Species
A proposed Meteor Timber rail spur and sand-processing plant in Grant, Wis., may result in the “incidental taking” of a rare snake under a permit the Wisconsin Department of Natural Resources proposes to issue for the project. Incidental take refers to the unintentional loss of individual endangered or threatened animals or plants that does not put the overall population of…
Read MoreThis Week’s Market Buzz
• Oil prices have risen more than 15 percent over the last three months as global oil supply has tightened and Hurricane Harvey shut down supply lines. Brent crude oil LCOc1 was down 35 cents at $55.94 a barrel at press time and U.S. light crude was 40 cents lower at $50.
Read MoreNew Construction Starts in August Recede 2 Percent
At a seasonally adjusted annual rate of $711.6 billion, new construction starts in August slipped 2 percent from July, according to Dodge Data & Analytics. The decline followed July’s 6 percent increase, yet still kept total construction activity 5 percent above the relatively subdued pace reported during the second quarter.
Read MoreCRH to Acquire Ash Grove Cement
Ash Grove Cement Co. announced that it has entered into a definitive merger agreement with CRH plc, under which CRH plc will acquire Ash Grove in a transaction valuing Ash Grove at $3.5 billion on an enterprise value basis.
Read MoreVulcan Subsidiary Breaks Ground on New Rail Line
Southwest Gulf Railroad Co. (SGRR), a subsidiary of Vulcan Materials, has officially broken ground on The Medina Line, a common carrier railroad located approximately 30 miles west of San Antonio.
Read MoreAggregates Executives Among New ARTBA Officers
The American Road & Transportation Builders Association (ARTBA) announced the election of its 2017-2018 officers during an annual business meeting of members on Sept. 19, including several high-profile aggregates executives. New officers are:
Read MoreMetso Adds Texas-based HOLT CAT to Distributor Network
Metso continues to strengthen its North American distributor network with the latest addition of San Antonio-based HOLT CAT. The dealer will offer Metso’s crushing and screening products to contractor and recycling segments, covering 118 counties in south, central, north and east Texas. The agreement was signed in June. “We are extremely happy to welcome HOLT CAT to the Metso distributor…
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