Emerge Energy Services LP said first-quarter total volumes sold increased 7 percent sequentially to a record 1.503 million tons in the first quarter; and net income of $1.5 million and diluted earnings per unit of $0.05 for the first quarter, compared to a net loss of $11.4 million, or $(0.38) per diluted unit for the three months ended March 31,…
Read MoreMonth: May 2018
Rail Congestion a First-Quarter Obstacle for Hi-Crush
Hi-Crush Partners LP reported revenues for the first quarter of 2018 totaled $218.1 million on sales of 2,617,627 tons of frac sand. This compares to $216.5 million of revenues on sales of 2,985,115 tons of frac sand in the fourth quarter of 2017.
Read MoreWeather, Plant Start-Ups, Drag Down Fairmont Santrol First Quarter
Fairmount Santrol announced results for the first quarter ended March 31, 2018. Total company volumes sold were 3.2 million tons for the quarter, down 4 percent from the fourth quarter of 2017 but an increase of 20 percent from 2.7 million tons in the first quarter of 2017.
Read MoreThis Week’s Market Buzz
• The Wisconsin Department of Natural Resources issued a permit allowing OmniTRAX Logistics Services to fill in more than four acres of wetlands in Jackson County, Wis., in order to install nearly 10 miles of track in a loop along the banks of Halls Creek, a Class II trout stream that feeds into the Black River. OmniTRAX said it will…
Read MoreMDU Resources Expands in First Quarter
MDU Resources Group Inc. reported first-quarter earnings from continuing operations of $41.9 million, or 22 cents per share, compared to first quarter 2017 earnings from continuing operations of $35.5 million, or 18 cents per share. Including discontinued operations, MDU Resources reported first quarter earnings of $42.4 million, or 22 cents per share, compared to $37.2 million, or 19 cents per…
Read MoreMartin Marietta Finalizes Bluegrass Acquisition
Martin Marietta Materials Inc. announced that it successfully completed its previously announced acquisition of Bluegrass Materials Co., described as “the largest privately-held, pure-play aggregates company in the United States,” for $1.625 billion in cash.
Read MoreFormer N.J. Quarry to Become Largest Glass Recycling Facility in the World
A former Braen Stone quarry in Andover, N.J., is about to become the site of the largest glass recycling facility in the world.
Read MoreConstruction Spending Dips on Steel Tariffs; Highways Rise
The U.S. Census Bureau reported put-in-place construction statistics for March 2018. Construction spending was estimated at a seasonally adjusted annual rate of $1,284.7 billion, 1.7 percent (±0.8 percent) below the revised February estimate of $1,306.4 billion.
Read MoreDoosan Adds Two ACT Branches to Dealer Network
Doosan Infracore North America has expanded its dealer network with the addition of two branches of ACT Construction Equipment as authorized sales, service, parts and rental providers of Doosan equipment. The company now offers its customers in the Wilmington and Charlotte, N.C., areas a range of Doosan equipment, including crawler excavators, wheel excavators, material handlers and wheel loaders. The dealerships are located at…
Read MorePonce Joins Telsmith As Regional Sales Manager
Telsmith Inc. has hired Victor Ponce as regional sales manager covering California. “We’re thrilled to have Victor join our team,” said Jeff Gray, domestic sales manager of Telsmith Inc. “Victor brings with him many years of industry knowledge and technical expertise that will be very beneficial to our customers in the state of California.” Ponce comes to Telsmith with a…
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