This 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 plant, IAC and its contract team continued to support Preferred with operational expertise, programming and maintenance supplemental support. This allowed Preferred time to balance the wet and dry plant, increase the operational expertise of their staff and ramp production.

• A special committee in the Town of Rock, Wis., will review a frac sand mine proposed southwest of Marshfield, Wis. Sand and Carbo Ceramics applied for permits to mine property near MacArthur Drive and County Road V. The citizen’s committee will have 60 days to approve, reject or amend the permits for the project, The proposal says the site would be mined for 10 to 14 years and then be turned into a large public lake.

• Eagle Materials Inc. announced that Michael Haack has been named as its new president in addition to his role as chief operating officer (COO). The announcement was made by Dave Powers, Eagle’s chief executive officer. “Michael has been serving as our COO since 2014 and has distinguished himself across all of our lines of business,” said Powers. “This expansion of Michael’s role reflects the company’s significant growth in recent years and the opportunity to build our leadership capacity, as we extend Eagle’s track-record as the benchmark operating performer in the industry.”

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