International Union of Operating Engineers Local 150 members reached a tentative agreement with the Chicago Area Aggregate Producers Association. The agreement ends a strike that began June 7 at 35 Chicago-area facilities owned by Lehigh Hanson, Vulcan Materials Co. and Holcim. The employers made what they described as a final offer on July 15, but union representatives said it was…
Read MoreMonth: July 2022
Astec Industries Launches New Portable Screen Plant
Astec Industries’ Materials Solutions Group has designed and launched its newest portable high-frequency screen plant, the PTSC2818VM. The plant’s innovative design and size is the first of its kind for the industry, featuring an 8-ft.-wide high-frequency screen. Astec’s newest PTSC plant is equipped with an 8- x 18-ft. (2.4 x 5.5 m) top deck and an 8- x 12-ft. (2.4…
Read MoreAstec Industries to Expand Facility in Ireland
Astec Industries Inc. announced plans for a $5 million factory expansion at its Omagh location in Northern Ireland to better serve growing market demands in the mobile crushing and screening industry. The expansion comes a year after the original facility was built to support the increased demand for mobile material handling products and was closely followed by the introduction of…
Read MoreNew Home Sales Tumble
New home sales in June fell to the lowest level since April 2020, reflecting declining builder sentiment as construction bottlenecks continue to slow new home building and raise housing costs.
Read MoreKershaw Promoted to President of BKT
Balkrishna Industries Ltd. (BKT), Indian multinational group and a global player in the off-highway tire market, has announced a leadership transition effective August 1, that leverages the breadth and depth of the company’s existing talent to promote continued growth.
Read MoreWhat Infrastructure Bill?
July 22, 2022 – It seems our industry needs to do a much better job of communicating the benefits we bring to society. A new Impact Research poll finds that less than one-quarter of voters are aware that the infrastructure bill passed Congress and was signed into law. An astonishing 76% think the bill never passed Congress or don’t know whether it…
Read MoreESG on the Oil and Gas Side
Oil and gas companies in the United States are striving to find a balance between ongoing environmental, social and governance (ESG) initiatives and a desire to ramp up production as the world battles a sweeping energy crisis. All the while a larger conversation concerning so-called “greenwashing” – the practice of misleading investors into thinking environmentally unfriendly practices are, in fact,…
Read MoreHalliburton Sees Spike in Total Revenue
Halliburton Co. announced net income of $109 million, or $0.12 per diluted share, for the second quarter of 2022. This compares to net income for the first quarter of 2022 of $263 million, or $0.29 per diluted share. Adjusted net income for the second quarter of 2022, excluding impairments and other charges, was $442 million, or $0.49 per diluted share.…
Read MoreRail Traffic Rises, Including Nonmetallic Minerals
The Association of American Railroads (AAR) reported U.S. rail traffic for the week ending July 16, 2022. For the week, total U.S. weekly rail traffic was 498,899 carloads and intermodal units, down 2.8% compared with the same week last year.
Read MoreCommentary: Proppants: Are You Getting What You Pay For?
Q: What do oil companies and sand mines have in common?
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