Granite Materials Revenue Rises in Third Quarter

Granite Construction announced results for the quarter ended Sept. 30. Net income totaled $73 million, or $1.44 per diluted share, compared to net income of $35 million, or $0.73 per diluted share, for the same period in the prior year. Adjusted net income totaled $63 million compared to adjusted net income of $43 million for the same period in the…

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Schenck Process Completes Sale of Mining Business to Sandvik

Schenck Process finalized the previously announced sale of its Mining business (SP Mining) to Sandvik AB. As one of the market leaders in screening, feeding, screening media and train-loading solutions with a strong aftermarket business, SP Mining will not only complement Sandvik’s existing product offering but also benefit from a greater global reach. With the closing, the Mining business is…

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