Eagle Materials Inc. released financial results for the third quarter of fiscal 2018 ended Dec. 31, 2017. The company is reporting record revenues of $359.4 million, up 19 percent; and record net earnings per diluted share of $2.08, up 78 percent.
Read MoreDay: February 8, 2018
North America Frac Sand Touts its Eagle Ridge Property
North America Frac Sand Inc. told its shareholders that it has been in discussions with multiple Canadian publicly traded companies regarding its Eagle Ridge Property and the feedback has been very positive.
Read MoreConnecticut Town Council Approves Fracking Waste Ban
The South Windsor, Conn., town council unanimously approved an ordinance that bans fracking waste from being brought to or used in the town, according to the Hartford Courant. The town became the 34th municipality in the state to ban the storage or use of potentially contaminated waste that results from hydraulic fracturing.
Read MoreSuperior Builds Longest Road-Portable Telescoping Conveyor
Superior Industries Inc. has manufactured the first-ever 210-ft. (64m) road-portable telescoping radial stacking conveyor. The TeleStacker Conveyor, designed and built for a frac sand operation in Texas, is the longest one of its kind ever built.
Read MoreThis Week’s Market Buzz
Shale Support Holdings LLC, a leading provider of frac sands and logistical solutions to the oil and gas proppant market, has announced its newest exclusive terminal located in Gibsland, La. The terminal boasts 24-hr operations, seven days-a-week, 100-car capacity, easy access to major highways, on-site space to store containerized sand boxes, and room to add future storage capabilities. Shale Support…
Read MoreMSHA Chief Outlines Priorities to Congress
Mine Safety and Health Administration (MSHA) Administrator David Zatezalo outlined priorities for the agency during a hearing of the House Subcommittee on Workforce Protections on Feb. 6. “Safety remains a major priority for this committee,” said Chairman Bradley Byrne (R-Ala.) “We ask so much of these hardworking Americans, and vital policies are in place to provide them with the safest…
Read MoreDodge Momentum Index Falls to Start Year
The Dodge Momentum Index dropped 5.1 percent in January to 143.7 (2000=100) from the revised December reading of 151.5. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
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