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New Industrial Sand Plant Approved

More jobs are coming to Richmond County, N.C., after a Wisconsin-based company chose to expand its operations. Construction has already begun on a new facility for North Carolina Industrial Sand LLC, a wholly owned subsidiary of Red Flint Group, according to the Richmond County Daily Journal.

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U.S. Silica Looks Forward; Buys Reserves

U.S. Silica Holdings Inc. announced a net loss of $10.7 million or $(0.20) per basic share for the first quarter ended March 31, 2016, compared with net income of $14.8 million or $0.28 per basic share for the first quarter of 2015. The first quarter results were negatively impacted by $2.2 million in restructuring costs for actions designed to help bring the business more in line with current market conditions and business development expenses, partially offset by a $1.5 million gain related to an insurance settlement.

Read more: U.S. Silica Looks Forward; Buys Reserves