Source Energy’s Third Quarter Volumes Decrease

Source Energy Services Ltd. said that its sand sales volumes for the third quarter of 2018 were 726,000 metric tons. Approximately 94 percent of these sales were made through Source’s Canadian distribution network and the majority utilized Source’s last mile logistics services where Source delivered sand directly to customers’ well sites. This brings Source’s 2018 nine-month sales volumes to 2,182,000…

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This Week’s Market Buzz

• WildHorse Resource Development reported that it is ahead of schedule in constructing an in-field sand mine in its Eagle Ford/Austin Chalk play area. Originally expected to come on line in the first quarter of next year, first sand loadings now are expected as soon as Nov. 1, with full operational capacity by the end of November. With in-basin sand…

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Komatsu Equipment to Build New Service Center

Komatsu Equipment Co. announced plans to build a 189,000-sq.-ft., state-of-the-art Service Center on roughly 30 acres in Elko, Nev. “The new building offers an exciting opportunity to bring together local employees of two major Komatsu subsidiaries: KEC and Komatsu Mining Corp. (KMC), into one integrated organization,” said John Pfisterer, president, Komatsu Equipment Co. “Collaborating directly in a shared, state-of-the-art space,…

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CASE Announces 2018 Dealer Award Winners

CASE Construction Equipment named its 2018 “Diamond Dealer” and “Gold Dealer” award recipients as a part of its North American Construction Equipment Partnership Program. The awards recognize dealerships across the U.S. and Canada for excellence in five categories including sales performance, marketing and communications, product support, parts support and training. The 2018 Diamond Dealer award winners are: ASCO (Texas). Crawler…

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September Construction Starts Settle Back 5 Percent

New construction starts in September fell 5 percent from the previous month to a seasonally adjusted annual rate of $709.6 billion, according to Dodge Data & Analytics. The September downturn followed 9 percent declines in both July and August, as the pace of construction starts has now pulled back for the third month in a row after reaching the current year’s high in June.

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Telsmith Promotes Gray

Telsmith Inc. promoted Jeff Gray to vice president of sales and marketing. “Jeff has had great success developing the domestic market, and partnering with the sales staff, customers and dealers,” stated Matt Haven, president of Telsmith Inc. “His efforts continue to move Telsmith forward and position the brand as a leader in the mining and aggregates industry. We wish him…

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