This Week’s Market Buzz
- Published: Thursday, 31 October 2013 13:40
- According to the Winona Daily News, Independence, Minn., Common Council members gave the green light to annex a portion of the city’s land after previously denying the request. The council rejected the estimated 250-acre annexation proposed by Hi-Crush Proppants LLC during a meeting Oct. 22, but brought the petition back for a special session to vote again. The annexation was approved in a 5-1 vote. The Independence annexation is one part of a $100-million project that would annex land from the town of Lincoln, Minn., to establish a frac sand mine to be located in both the cities of Independence and Whitehall, Minn. According to Hi-Crush officials, the mine’s wet plant would be connected to the dry plant via conveyor system, and there would be a potential for as many as 300 rail cars, depending upon their size.