The Dodge Momentum Index fell in September, moving 8.4 percent lower to 116.4 (2000=100) from the revised August reading of 127.1. 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 MoreDay: October 6, 2017
What’s the Deal?
Oct. 6, 2017 – The CRH-Ash Grove merger just took a fresh turn. The company provided an update regarding the previously announced Agreement and Plan of Merger with CRH plc, under which CRH plc would acquire Ash Grove. Ash Grove has now announced that it has received a preliminary, non-binding competing proposal from a third party to acquire Ash Grove at…
Read MoreAthabasca Appoints Murray Chief Financial Officer
Athabasca Minerals Inc. announced the appointment of Lucas Murray, CPA, CA, to the position of chief financial officer.
Read MoreHi-Crush Announces Start of Operations at Pecos Terminal
Hi-Crush Partners LP announced the company has commenced operations at its new Pecos, Texas, terminal, the first unit-train capable terminal with silo storage in the Southern Delaware Basin.
Read MoreTwin Eagle Sand Logistics Acquires Terminal
Twin Eagle Sand Logistics LLC, a subsidiary of Twin Eagle Resource Management LLC, announced that it acquired a frac sand terminal near Bridgeport, W.Va., from Process Transloading Bridgeport.
Read MoreU.S. Silica to Build Second Frac Sand Plant in the Permian
U.S. Silica Holdings Inc. announced that it plans to build a second, state-of-the-art frac sand mine and plant in West Texas to serve the rapidly growing Permian Basin.
Read MoreThis Week’s Market Buzz
• Oil prices finished higher at press time, buoyed by talk of an extension for a deal to cut output, a bigger-than-expected drop in U.S. crude supplies, and concerns about production as a potential hurricane approaches the Gulf of Mexico. On the New York Mercantile Exchange, November West Texas Intermediate crude rose 81 cents, or 1.6 percent, to settle at…
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