U.S. Silica States 2022 Will Be a Strong Year

U.S. Silica Holdings Inc. announced a net loss of $8.4 million, or $0.11 per diluted share, for the first quarter ended March 31. The first quarter results were negatively impacted by $9.4 million pre-tax, or $0.09 per diluted share after-tax, of charges primarily related to a supplier contract termination and merger and acquisition related expense, resulting in an adjusted loss…

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The Aggregates Atlas is Live!

Rock Products’ Aggregates Atlas “maps issue” has served the industry for more than 20 years, but an entirely new digital Aggregates Atlas has been launched to provide the aggregates industry with an easier-to-use design and even more useful information. Powered by Burgex Inc.’s Mineralocity platform, the new Rock Products Aggregates Atlas is one more way that we work to serve the industry’s needs.

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CEMEX U.S. Business Jumps 18%

CEMEX, S.A.B. de C.V. announced strong results for the first quarter of 2022, with consolidated Net Sales and EBITDA growing 13% and 3%, respectively, on a year-over-year basis, despite a challenging cost environment.  The growth was led by a 12% increase in cement prices in like-to-like terms, 8% in ready-mix, and 7% in aggregates, with all regions contributing to pricing…

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Caterpillar Achieves Positive First Quarter

Caterpillar Inc. announced first-quarter 2022 sales and revenues of $13.6 billion, a 14% increase compared with $11.9 billion in the first quarter of 2021. The increase was primarily due to higher sales volume, driven by higher end-user demand for equipment and services and the impact from changes in dealer inventories, as well as favorable price realization. Dealers increased inventories more…

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Arcosa Construction Products Division Performs Well

Arcosa Inc. announced results for the first quarter ended March 31. The company is reporting: Revenues of $535.8 million, up 22%. Net income of $20.2 million and Adjusted Net Income of $20.9 million. Diluted EPS of $0.41, up 28%, and Adjusted Diluted EPS of $0.42, up 20%. Adjusted EBITDA of $73.4 million, up 30%. Operating cash flow of $24.5 million…

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