Caterpillar’s Board of Directors has elected Tom Pellette, currently a Caterpillar vice president and the president of Solar Turbines Inc., a wholly owned subsidiary of Caterpillar Inc., as group president with responsibility for Construction Industries, replacing Ed Rapp, who will now take over responsibility for Resource Industries. “During his more than two decades with Solar, Tom has held senior leadership…
Read MoreMonth: October 2014
Weir Acquires Trio
The Weir Group PLC has entered into an agreement to acquire Trio Engineered Products, a Chinese-American manufacturer of crushing and separation equipment for the mining and aggregates markets, for an enterprise value of $220 million.
Read MorePPI Offers EZ Mount Pulley System
PPI offers the EZ Mount Pulley System, which features a unique pulley and shaft arrangement that allows for fast, safe and economical bearing and shaft replacement without removing the pulley from the conveyor. It reduces maintenance time, downtime, and scrap loss by using rugged engineered stub shafts. The pulley and shaft system is manufactured to CEMA standards and Mine Duty…
Read MoreTom Hill
If there is a company on the grow, it is Summit Materials. Chief Executive Officer Tom Hill is the driving force behind the company, which has made a number of acquisitions this year. Tom has also held a variety of leadership roles in the transportation industry. He served as Chairman of the American Road and Transportation Builders Association from 2002…
Read MoreSummit Materials Acquires Aggregates, Ready-Mix Operations
Summit Materials has announced another round of acquisitions. The company acquired Southwest Ready-Mix, a ready-mix concrete company in southwest Houston; Colorado County Sand & Gravel, an aggregates company in Colorado County, Texas; and Concrete Supply of Topeka/Builders Choice ConcreteColorado County Sand & Gravel, an aggregates and ready-mix concrete company based in Topeka, Kan.
Read MoreThis Week’s Market Buzz
Frac sand in ambient air does not pose a health concern for Winona residents, according to the Winona Daily News. The first look at eight months’ worth of air monitoring data in downtown Winona, Minn., showed silica sand was, for the most part, undetectable. Only two samples taken from state monitors between January and August detected silica in the air,…
Read MoreSuperior Silica Denies Pollution Allegations
County officials in western Wisconsin have closed a frac sand mine for allegedly dumping polluted wastewater into a pond that was properly lined. Trempealeau County regulators shut down the Guza Pit near Independence this week for operating without a permit.
Read MoreDeclan, Opal Energy Strike Firebag Deal
On Sept. 29, Declan Resources announced that Opal Energy has acquired the option to earn up to a 75 percent interest in Declan’s Firebag River Property located southwest of the Athabasca Basin in northeast Alberta, Canada.
Read MoreLaRonge Scores Huge Reserve
La Ronge Gold Corp. has entered into a binding letter of agreement for an option to acquire a 100 percent undivided right, title and interest in an approximately 520-acre prospective frac sand property located in northeast Arkansas.
Read MoreStudy Drums Up Fear on Frac Sand
Frac sand mining poses a little-understood threat to human health, the environment, and local economies, according to a report issued by the Civil Society Institute’s Boston Action Research (BAR) and released in cooperation with Environmental Working Group (EWG) and Midwest Environmental Advocates (MEA).
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