MDU Resources Construction Materials Business Reports Record Earnings

MDU Resources Group Inc. reported 2016 earnings from continuing operations of $232.4 million, or $1.19 per share, compared to 2015 earnings from continuing operations of $175.7 million, or 90 cents per share. In the fourth quarter of 2016, earnings from continuing operations were $66.3 million, or 33 cents per share, compared to $55.7 million, or 29 cents per share, in…

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Terramac Appoints Kirby-Smith Machinery as Authorized Dealer

Terramac, a leading manufacturer of innovative rubber track crawler carriers, expanded its representation in the North American market to include Kirby-Smith Machinery, Inc. as part of its dealer network. Kirby-Smith will represent the versatile Terramac product line in Oklahoma. Kirby-Smith will offer Terramac crawler carriers to serve the pipeline industry with customizable equipment that accommodates various pipeline applications. In addition to Terramac’s…

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MDU Construction Materials Business Spikes Higher

MDU Resources Group Inc. reported second quarter earnings from continuing operations of $46.1 million, compared to earnings from continuing operations of $25.8 million for the second quarter of 2015. Including discontinued operations, the exploration and production, and refining businesses, the company reported a loss of $109.3 million for second quarter 2016, compared to a loss of $229.8 million for second…

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Dredge Efficiency Dropping? It Could Need A Boost

As a dredge moves farther away from its discharge point, production can decrease while the cost-per-ton increases. Adding a booster pump provides benefits of greater production and less equipment wear and tear. Booster pumps may be land- or water-based. As a dredge moves farther away from the discharge point, the pump speed is increased to maintain a proper slurry velocity…

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