May 31, 2019 – Just in time for the weekend, Eagle Materials announced that its long-rumored strategic re-evaluation was over. The envelope, please. The company’s board of directors has approved a plan to separate its Heavy Materials and Light Materials businesses into two independent, publicly traded corporations by means of a tax-free spin-off to Eagle shareholders. The separation is expected to…
Read MoreMonth: May 2019
Continental Widens Product Offering for Rigid Dump Trucks
Continental is expanding its tire portfolio for the earthmoving industry. The technology company recently launched a new compound for its RDT-Master for the use on Rigid Dump Trucks. The cut-resistant compound was developed for rough and abrasive applications where tires have to withstand sharp gravel, rocks and stones. The demands placed on off-the-road tires, especially at mining and construction sites,…
Read MoreEagle Materials to Separate Heavy, Light Materials Businesses
Eagle Materials Inc. announced that its board of directors has approved a plan to separate its Heavy Materials and Light Materials businesses into two independent, publicly traded corporations by means of a tax-free spin-off to Eagle shareholders. The separation is expected to be completed in the first half of calendar year 2020.
Read MoreSpring Regulatory Agenda Features New Initiatives
The Trump administration released its updated agenda of pending regulations and upcoming regulatory rollbacks. The agenda does not include all expected actions, but it does provide projected dates on agency priorities for the coming year. The deadlines listed are dependent on numerous factors and rules and actions can be delayed.
Read MoreTexas Court Strikes Down WOTUS
A May 28 federal court ruling in the Southern District of Texas striking down the federal government’s 2015 version of the “Waters of the United States” (WOTUS) rule is a win for the nation’s transportation construction industry and builders of other much-needed infrastructure, the American Road & Transportation Builders Association (ARTBA) said.
Read MoreSource Energy Services Reports Increased Sand Sales
Source Energy Services Ltd. announced its 2019 first quarter financial results, including:
Read MoreSelect Sands Reports Results for First Quarter 2019
Select Sands Corp. announced operational and financial results for first quarter 2019. First quarter highlights include:
Read MoreRystad Energy Predicts Frac Sand Market
Demand for frac sand in the United States is predicted to grow by 10% in 2019 and 17% in 2020, according to Rystad Energy. Frac sand supply, on the other hand, is forecast to increase by 10% in 2019 and then decrease by 2% in 2020 as more Northern White Sand will come off the market.
Read MoreThis Week’s Market Buzz
• Wayfinder Corp. has partnered with TR Transport Inc. to provide last-mile frac sand delivery and logistics solutions. The added service strengthens the company’s commitment to “Total Proppant Management,” which includes Wayfinder’s ability to provide Northern White, Regional and Resin Coated Sand through several strategic locations across the Western Canadian Sedimentary Basin. Wayfinder’s commitment to Total Proppant Management results in…
Read MoreHyundai Construction Equipment Adds Correlli to Distribution Network
Hyundai Construction Equipment Americas (HCEA) announced the expansion of its North American authorized dealer network with the addition of Dundalk, Md.-based Correlli Inc. The business supports repairs on all makes and models of construction equipment and will be a valued addition to HCEA’s Northeast territory. With the addition of this new dealership, HCEA’s North American network now includes over 70 dealerships operating…
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