JAX Inc. introduced its new Bio-Guard line of technologically advanced lubricants designed to maximize operational efficiencies with environmentally acceptable formulations. The complete line of Bio-Guard products meets the technical definitions and requirements established by the Environmental Protection Agency (EPA) for biodegradability, toxicity and bioaccumulation. “Meeting these requirements was very important for us because it meant we could offer our customers…
Read MoreDay: August 9, 2021
Command Alkon Introduces TicketPro for Digital Ticketing and More
Command Alkon offers TicketPro, a solution to digitize 100% of material and haul tickets that enter a production facility or a jobsite by extracting data through OCR technology.
Read MoreEdw. C. Levy Using Drones for Topographic Analysis
Edw. C. Levy is now using the Kespry Aerial Intelligence platform for topographic analysis and inventory management. Levy is a construction, aggregates and facilities company that provides asphalt, aggregates, concrete, agricultural products, and other materials to its customers in North America, Central and South America, western Europe, Asia and Australia. “One of my chief responsibilities is looking over the land…
Read MoreSelect Sands Announces Debt Restructuring
Select Sands Corp. said that its subsidiary Select Sands America Corp. successfully negotiated and executed a new $8.1 million loan agreement with its bank to restructure its existing loans. Proceeds from the loan agreement are being used as follows:
Read MoreSmart Sand Revenues Rise Higher
Smart Sand, Inc. announced results for the second quarter 2021. Revenues were $29.6 million in the second quarter compared to $27.5 million in the first quarter of 2021 and $26.1 million in the second quarter of 2020.
Read MoreU.S. Silica Reports Strong Quarter
U.S. Silica Holdings Inc. reported net income of $26.0 million, or $0.34 per diluted share, for the second quarter ended June 30, compared with a net loss of $20.8 million, or $0.28 per diluted share, for the first quarter of 2021.
Read MoreSource Energy Services Grows Market Share
Source Energy Services Ltd. said that for the three months ended June 30, the company grew market share in the Western Canadian Sedimentary Basin (WCSB), realizing sand sales volumes of 557,208 metric tonnes (MT) and sand revenue of $58.1 million
Read MoreThis Week’s Market Buzz
• Oil prices slid at press time, building on last week’s steep losses, as rising Covid cases prompted fears of a demand slowdown. West Texas Intermediate crude futures declined 2.5% to trade at $66.60 per barrel. International benchmark Brent crude declined 2.2% to $69.15 per barrel.
Read MoreGranite Construction Posts Solid Quarter
Granite Construction announced results for the second quarter ended June 30, reporting that net income increased to $54.5 million, or $1.14 per diluted share, compared to net income of $3.4 million, or $0.07 per diluted share, for the same period year-over-year.
Read MoreAEM’s Slater to Retire
August 9, 2021 – The Association of Equipment Manufacturers (AEM) announced that Dennis J. Slater will retire as AEM president, effective Dec. 31, 2021. The AEM board of directors has selected AEM’s Senior Vice President, Construction & Utility Sector Megan Tanel to succeed Slater and serve as AEM president effective Jan. 1, 2022. Slater, 63, joined AEM’s predecessor the Construction Industry Manufacturers Association (CIMA) in…
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