Cemex hosted more than 80 clients in Walnut Creek, Calif., during its first-ever California Building Materials Forum, with experts providing insight on industry trends, sharing best practices and looking forward to the future of the industry.
Read MoreDay: May 17, 2018
Cemex Invests in New Safety Technology Company
Cemex Ventures announced that it invested in PRYSMEX, a Mexico-based startup that offers a solution capable of detecting and helping to prevent workplace accidents through the Internet of Things and real-time data collection.
Read MoreNew Lime Plant Set for California
Panamint Valley Limestone Inc. announced development of a lime plant in Trona, Calif. The $45 million plant will be the only producer of lime in the state of California, where currently all lime used is imported from out of state. The plant is expected to create 30 to 40 well-paying jobs.
Read MoreFour Corners Materials Donates Land
Four Corners Materials, a division of Oldcastle Materials, donated 40 acres of what once was an aggregates operation to the City of Farmington, N.M., for use as “green space and waterfront recreation,” according to a press release from the city and the River Reach Foundation.
Read MoreSmart Sand Revenues Up Year-Over-Year; Makes Acquisition
Smart Sand Inc. announced that first-quarter revenues were $42.6, a slight decrease compared to fourth quarter 2017 revenues of $43 million. The decrease in revenues was primarily due to higher production costs and lower freight revenue, offset by higher sales volumes and a higher average price per ton sold.
Read MoreJudge Invalidates Meteor Timber’s Wetland Permit
Atlanta-based Meteor Timber is appealing a judge’s decision to invalidate wetland permits it was issued by the Wisconsin Department of Natural Resources (DNR) to fill 16 acres of wetland in Monroe County as part of a proposed $75 million frac sand processing and rail loading facility, according to Wisconsin Public Radio.
Read MoreEagle Materials Proppant Revenue Up 147 Percent
Eagle Materials Inc. reported record revenue of $1.4 billion, up 14 percent for fiscal year 2018; and record revenue of $284.7 million, up 2 percent for its fiscal fourth quarter ended March 31, 2018.
Read MorePreferred Proppants Begins Building Oklahoma Frac Sand Plant
Preferred Proppants LLC announced that construction is underway on an in-basin frac sand mine and facility in Oakwood, Okla. The mine is expected to come online in the third quarter of 2018 and the company is currently looking to fill approximately 100 positions including electricians, maintenance technicians, heavy equipment operators, loaders, utility hands, plant operators, loadout operators and more.
Read MoreThis Week’s Market Buzz
• Select Sands Corp. has secured a $3.89 million capital expenditure line of credit to fund the company’s previously announced expansion project to increase production capacity of its high-quality silica sands to 1 million tpy to meet the growing demand of its existing client base. Zig Vitols, president and CEO of Select Sands said, “We are very excited to secure…
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