This Week’s Market Buzz

Republican presidential nominee Donald Trump is stirring unease in the oil and natural gas industry with his remarks about hydraulic fracturing, according to a report from The Hill. Trump supports fracking but said towns and states should be allowed to ban the drilling practice. That position is at odds with industry groups and congressional Republicans, who say the practice is…

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U.S. Silica to Acquire Sandbox Enterprises

U.S. Silica Holdings Inc. announced that it has entered into a definitive agreement to acquire Sandbox Enterprises LLC, a provider of innovative logistics solutions and technology for the transportation of proppant. The transaction will be financed using a combination of $75 million of cash on hand and approximately 4.2 million U.S. Silica common shares.

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Kalenborn Abresist Elevates Frendewey

Kalenborn Abresist Corp. announced that Craig Frendewey, senior vice president, will take full responsibility of its North American operations. These operations include Kalenborn Abresist, Kalenborn Canada and Kalenborn Technologies. Frendewey first joined the company in 2013 as sales manager and was later named senior vice president of sales and marketing. He is a graduate of Northern Michigan University and has…

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Stedman Expands Testing and Toll-Processing Facility

The Stedman Machine Co. expanded its testing and toll-processing facility with two horizontal-shaft impactors and a vertical roller mill fine grinding system. Other full-size equipment includes cage mills, vertical shaft impactors, hammer mills, vertical roller mills and lump breakers. Open, closed circuit, and air-swept systems can be used for pre-purchase testing, process development and toll processing. “Save time and money by having…

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Polaris Materials’ Aggregates Sales Up 42 Percent

Polaris Materials Corp. reported financial results for its second quarter ending June 30, 2016. Aggregate sales for the current quarter were 946,000 tons, a 42 percent increase over sales of 668,000 tons in the second quarter of 2015. Shipments of the company’s products increased compared to the prior year due to both increased delivered shipments into San Francisco and ex-quarry…

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Poll: Infrastructure Unites Voters in Divisive Election Year

With 90 days left before Election Day, a national poll released by the Association of Equipment Manufacturers (AEM) found that half of registered voters say the nation’s infrastructure has gotten worse over the last five years, and a majority of voters said roads and bridges are in “extreme” need of repair.

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