Terex Trucks has signed Headwater Equipment Sales Ltd. as its new dealer in Alberta, Canada, to bring its articulated haulers to even more customers in the province’s construction, mining, agriculture, and oil and gas sectors. Headwater Equipment will sell and rent Terex Trucks’ TA300 and TA400 articulated haulers, as well as provide aftermarket support.
Read MoreMonth: October 2020
Buy a House If You Can Find One
Oct. 19, 2020 – There is an interesting statistic released by the National Association of Home Builders: Home sales are outpacing starts by a historic margin. Housing demand has increased so rapidly in recent months that there is now an unprecedented gap between sales and home construction. Sales of new single-family homes in August increased 4.8% to an annual rate…
Read MoreDeFazio Tours Site of New Knife River Facility
Rep. Peter DeFazio (D-Ore.) toured the site of Knife River Corp.’s future training center where the company will house education and training programs for its construction-materials and construction-industries workforce.
Read MoreMichigan DNR to Turn Former Mine Sites Into Solar Arrays
The state of Michigan has awarded Circle Power of Royal Oak a five-year land lease agreement to develop, in association with the Michigan Department of Natural Resources (DNR), large-scale solar arrays on two former mine sites.
Read MoreDeister Offers Productivity Plus
Deister Machine Co. offers the latest innovations for maximum productivity in screening and washing circuits.
Read MoreSuperior Supplies Equipment to Argentina Frac Sand Plant
Superior Industries Inc. was selected as the material handling supplier for NRG Argentina’s (NRG) new frac sand plant in Río Negro, Argentina. Industrial Accessories Company (IAC), NRG’s EPC contractor for the project, has a long history of successfully partnering with Superior Industries on several frac sand projects.
Read MoreSource Energy Announces Recapitalization Transaction
Source Energy Services Ltd. has proposed a recapitalization transaction to provide the company with a stronger, long-term capital structure to withstand current industry challenges and build on its position as the largest frac sand provider in the Western Canadian sedimentary basin (WCSB).
Read MoreGordon Brothers to Sell CSI Sands Arcadia Assets
Gordon Brothers, the global advisory, restructuring and investment firm, has been engaged to sell the assets and plant equipment of CSI Sands Ltd., located in Arcadia, Wis., on behalf of the secured lender, Wisconsin Bank & Trust.
Read MoreMinnesota Sands Appeals to Supreme Court
The Winona Post reports that after losing at the district, appellate and state Supreme Court level, Minnesota Sands is taking its case against Winona County’s frac sand ban to the highest court in the land. Minnesota Sands appealed to the U.S. Supreme Court last week, the company announced, asking the high court to take up its case.
Read MoreThis Week’s Market Buzz
• Oil futures lost ground at press time, prompting prices to turn lower for the week, as an accelerating rise in COVID-19 cases in the U.S. and Europe heightens worries about demand for crude. West Texas Intermediate crude for November delivery fell 58 cents, or 1.4%, to $40.38 a barrel on the New York Mercantile Exchange, December Brent crude was…
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