Select Sands Corp. announced receipt of an unconditional Authorization to Quarry with respect to its Sandtown quarry site, located in Independence County, Ark. The Authorization to Quarry, which is dated May 1, 2015, was issued by the Arkansas Department of Environmental Quality (ADEQ) pursuant to the Arkansas Quarry Operation, Reclamation and Safe Closure Act for a five-year period ending April…
Read MoreDay: May 7, 2015
Fairmount Santrol Releases Corporate Social Responsibility Report
Fairmount Santrol released its ninth annual Corporate Social Responsibility (CSR) Report, “Boldly Different” – its first report to follow the new Global Reporting Initiative (GRI) G4 Guidelines, according to the company.
Read MoreU.S. Silica Reports Decline for First Quarter
U.S. Silica Holdings Inc. announced net income of $14.8 million or $0.28 per basic and $0.27 per diluted share for the first quarter ended March 31, 2015, compared with net income of $18.4 million or $0.34 per basic share and diluted share for the first quarter of 2014. Earnings per share during the quarter were negatively impacted by $8.3 million…
Read MoreHi-Crush, ARB to Develop Rail Hubs
Hi-Crush Partners LP and ARB Midstream LLC announced that the companies have entered into definitive agreements to jointly develop and operate two energy rail hubs, one in the DJ Basin and one in the Permian Basin. Both facilities will be served by the Union Pacific Railroad, and will provide unit and manifest train capabilities for frac sand and crude oil.…
Read MoreThis Week’s Market Buzz
According to the LaCrosse Tribune, the Minnesota appeals court panel heard arguments from a sand mine owner protesting a Department of Natural Resources ruling that the mine cannot operate without a special permit because of its proximity to a trout stream. Asking that the state’s ruling be reversed, an attorney for mine owners Tracie and Michelle Erickson of Rushford, Minn.,…
Read MoreNonresidential Building Index Rises
The Dodge Momentum Index rose 0.8 percent in April to 122.6 (2000=100) from March’s 121.6, according to Dodge Data & Analytics. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
Read MoreMichigan Voters Crush Tax Measure for Infrastructure
Michigan spends less on highways per capita than all but one other state. That will not change after a recent election.
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