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Natural Resource Partners Benefits from Aggregates Acquisition

Oil and gas, coal, aggregates and industrial-minerals producer Natural Resource Partners L.P. (NRP) reported revenues of $91.6 million for the third quarter of 2014 compared to $82.2 million for the third quarter of 2013, and distributable cash flow, a non-GAAP measure, of $57.8 million compared to $104.6 million for the third quarter of 2013.

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Cat Media Event Highlights Advancements

CAT-150Caterpillar announced new products, equipment enhancements and Tier 4 updates at a media event in Peoria, Ill., attended by Rock Products Editor Mark S. Kuhar, who was the only chief editor of an aggregates industry publication to attend the event.

 

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Vulcan Materials Reports Strong Growth

Vulcan Materials Co. announced results for the third quarter ending Sept. 30, 2014. The company is reporting that total revenues increased $60 million, or 7 percent and gross profit increased $50 million, or 31 percent, while aggregates freight-adjusted revenues increased $66 million, or 14 percent. Average sales price increased 2 percent. Asphalt, concrete and cement segments gross profit improved $12 million, collectively.

 

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Luck Companies Earns Environmental Excellence Award

LuckCompanies-150Associates from Luck Companies recently accepted a Gold Medal in the 2014 Governor’s Environmental Excellence Awards from Virginia state officials. The company was honored for commitment to sustainability across all business units (Luck Stone, Charles Luck Stone Center, Har-Tru Sports, Luck Development Partners), resulting in significant improvements in water conservation, land preservation, waste generation and energy savings.

 

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