Companies that store materials in bins and stockpiles can now manage inventory for both using a single system. BinMaster and Stockpile Reports have joined forces to improve material management for companies that demand better control and accuracy of inventory volume and value. The partnership combines the power of robust level sensors with innovative image processing software to optimize and simplify…
Read MoreDay: August 22, 2018
Smart Sand Inc. Announces Second Quarter 2018 Results
Smart Sand Inc. announced results for the second quarter ended June 30. Revenues were $54.4 million in the second quarter of 2018, a 28 percent increase compared to first quarter 2018 revenues of $42.6 million.
Read MoreSelect Sands Reports Record Operational; Financial Results
Select Sands Corp announced record operational and financial results for the second quarter of 2018. The company sold a record 164,872 tons of frac and industrial sand, which was significantly higher than Select Sands’ original outlook for the sale of 120,000 to 140,000 tons.
Read MoreAllEnergy Prevails in Court Case Over New Mine
Landowners in the Town of Hixton, Wis., in Jackson County, recently lost an appeal to stop a frac sand mine in the town, according to the Wisconsin Bar Association. A state appeals court ruled that their complaint did not adequately state a claim for “anticipated private nuisance.”
Read MoreThis Week’s Market Buzz
• Adelphi Construction LC, owned by Industrial Accessories Co. (IAC), recently completed the design/build of two frac sand facilities for Preferred Sands in central Texas and is completing three more plants in parallel. The initial two projects included process and design engineering, site prep, wet plant, dry plant, silo storage, loadout, buildings and fully automated control. Upon commissioning of the…
Read MoreSummit Materials Adds Two to Board of Directors
Summit Materials Inc. announced that its board of directors has appointed Anne M. Cooney and Susan A. Ellerbusch as new independent directors. With the appointment of Cooney and Ellerbusch, Summit’s board now comprises 10 members. Additionally, Summit announced that Neil P. Simpkins will resign from the board of directors, effective at the end of the company’s fiscal year.
Read MoreEurovia Acquires Lane Asphalt Plants & Paving
Eurovia has signed an agreement with Salini Impregilo Group to acquire the Cheshire, Conn.-based Lane Asphalt Plants & Paving division of its subsidary Lane Construction. The transaction is reported at $555 million.
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