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MSHA Reports 15th Fatality of the Year

The Mine Safety and Health Administration (MSHA) reported that on Nov. 3, a 44-year-old shift supervisor with three years of experience was killed when a loaded Caterpillar 785B haul truck ran over her pickup truck at the crusher site.

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Sunroc Acquires Tri-County Concrete

Sunroc Corp., a construction services company serving Utah, Idaho and Wyoming, announced it has closed on the asset acquisition of Roosevelt, Utah-based Tri-County Concrete. The acquisition will amplify Sunroc's current service area in Utah, making the company among the largest sandand gravel, ready-mixed concrete and construction service companies in the state. 

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NRP Sells VantaCore Construction Aggregates Business

Natural Resource Partners L.P.  (NRP) announced that it has signed a definitive agreement to sell its construction aggregates business segment, VantaCore Partners LLC, to an affiliate of Sun Capital Partners Inc. for $205 million before transaction expenses and customary purchase price adjustments. 

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New Construction Starts Climb 21 Percent; Highways Soar

New construction starts in October climbed 21 percent to a seasonally adjusted annual rate of $864.0 billion, according to Dodge Data & Analytics. The substantial increase followed three straight months of decline, during which the pace of total construction starts fell 22 percent from the exceptionally strong volume reported back in June. 

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Golden Gate Capital Acquires Active Minerals International

Golden Gate Capital completed the acquisition of Active Minerals International LLC from Merit Capital Partners. AMI will continue to be led by its current management team, including President and Chief Executive Officer Dennis Parker. Management will retain a significant ownership stake in the business. Financial terms of the transaction were not disclosed.

Read more: Golden Gate Capital Acquires Active Minerals International