The nonmetallic mineral products industry leading index decreased to 249.5 in June from a revised 250.2 in May, according to the U.S. Geological Survey. Its six-month smoothed growth rate decreased to 1.3 percent in June from a revised 2.3 percent in May.
Read MoreMonth: July 2016
Telematics Standard Receives ISO Approval
The mixed-fleet telematics standard from the Association of Equipment Manufacturers (AEM) and Association of Equipment Management Professionals (AEMP) has received approval from ISO, the International Organization for Standardization, to be accepted as a global standard.
Read MoreRyon Joins R.W. Sidley
Tim Ryon recently joined R.W. Sidley, Thompson, Ohio, as the aggregates and mining operations manager. He has always had a passion for mining, and combined with his past experience with Quikrete, he is excited about the opportunities that lie ahead in expanding aggregate sales. He is originally from a small town outside of Scranton, Pa. He graduated from Ohio Wesleyan University…
Read MoreMSHA Targets Four Quarries During June Inspections
The Mine Safety and Health Administration (MSHA) announced that federal inspectors issued 114 citations and four orders during special impact inspections conducted at 11 coal mines and six metal and nonmetal mines in June.
Read MoreIEDA Announces New Sponsor Level
The Independent Equipment Dealers Association (IEDA) announced that it has created a new “Sponsor Level” of affiliation, designed specifically for OEM dealers, auction companies and industry specific organizations. The purpose of this new sponsor level is to acknowledge support for the organization from those companies and businesses who are not recognized as “independent dealers” according to the organizational by-laws and therefore do…
Read MoreThis Week’s Market Buzz
A state appeals court has affirmed a decision blocking a frac sand mine in western Wisconsin, according to a report on Wisconsin Public Radio. The Mississippi Land Connection and Timber Company LLC and Wisconsin Bluff Sands LLC filed an application for a permit for a mine in the town of Waumandee in 2013. The Buffalo County Board of Adjustment denied…
Read MoreU.S. Silica to Acquire Regional Frac Sand Producer
U.S. Silica Holdings Inc. announced an agreement to acquire a leading regional sand producer for approximately $210 million. The acquisition of the NBR Sand unit of the privately owned New Birmingham Inc. is expected to close in August 2016, subject to certain adjustments at closing. The transaction will be funded using a combination of cash on hand (57 percent) and…
Read MoreNew Proppants Being Produced in Canada
The Oilfield Technology Group (OTG) of Hexion Inc., Columbus, Ohio, announced the release of new resin-coated proppants that are produced in Canada.
Read MoreFairmount Santrol Takes a Hit in Second Quarter
Fairmount Santrol announced preliminary financial results for the second quarter of 2016. Second-quarter 2016 revenues are expected to be between $113 million and $115 million, compared with $145.5 million for the first quarter of 2016 and $221.3 million for the same quarter in 2015.
Read MoreEagle Frac Sand Sales Plummet
Eagle Materials Inc. reported financial results for the first quarter of fiscal 2017 ended June 30, 2016. The company is reporting:
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