Over the next 70 years, a Vulcan Materials quarry in Lorton, Va., will be transformed into a water storage reservoir.
Read MoreDay: January 11, 2017
This Week’s Market Buzz
• Oil prices are trending higher on news of Saudi supply cuts to Asia. Oil’s gains came despite government data showing a bigger-than-expected weekly build in U.S. crude and fuel inventories. Brent crude futures were up $1.60, or 3 percent, at $55.24 a barrel, while U.S. West Texas Intermediate (WTI) crude oil futures were up $1.53, or 3 percent, at…
Read MoreOilfield Services Report: Good News for Proppants
Headwaters MB has released its latest Oilfield Services Report. The report states that, “After two years of low or declining commodity prices and low rig counts, signs have begun to emerge that oil and gas markets may finally be on the path to recovery. With some stability in commodity prices, the question now is whether the oil market’s optimism will…
Read MorePermit Dispute Heads to State Supreme Court
According to Wisconsin Public Radio, a dispute over a frac sand mining permit in Trempealeau County is heading to the state Supreme Court next month and the implications of the case could change how local governments issue permits.
Read MoreKespry Names New CEO
Kespry announced that George Mathew has been appointed as the company’s new chief executive officer and chairman. He was most recently president and chief operating officer of self-service analytics software provider Alteryx. With 20 years of experience at growth-oriented technology startups as well as category leading software providers such as salesforce.com and SAP, Mathew has held a wide range of…
Read MoreFrac Sand Projects Proposed in Wisconsin
According to a report on WIZM news, Lacrosse, Wis., wetlands are at the core of the debate over a couple of proposed frac sand mining facilities in Jackson and Monroe counties. Meteor Timber has two frac-sand mining projects in that area and says they’re valued at $65 million and would create 100 jobs.
Read MoreSelect Sands Names New President and CEO
Select Sands Corp. announced that Zigurds “Zig” Vitols, the company’s current chief operating officer, has been appointed president and CEO. Vitols will be replacing Rasool Mohammad, who will be taking on a new role as chief operating officer of Select Sands and president of American Select Corp., a wholly owned U.S. subsidiary of Select Sands.
Read MoreEPA Earmarks $1 Billion for Water Infrastructure Projects
The U.S. Environmental Protection Agency (EPA) announced the availability of approximately $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program.
Read MoreMSHA Serious Accident Alert
The Mine Safety and Health Administration (MSHA) has issued the following Metal/Nonmetal Serious Accident Alert.
Read MoreHousing Will Continue to Climb Higher in 2017
Fueled by a growing economy, solid employment gains and rising household formations, single-family production will continue on a gradual, upward trajectory in 2017, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla.
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