A Strong Start to Shipping Shows Resilience on the St. Lawrence Seaway

Early tonnage figures show a strong start for the 66th navigation season on the St. Lawrence Seaway demonstrating the resilience, predictability, and sustainability of the binational system. Early fleet positioning due to low winter ice coverage on the Great Lakes jump-started grain and potash traffic. Canadian and U.S. grain totals increased by 39,000 metric tonnes over the previous year, totaling…

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Epiroc Agrees to Acquire ACB+

Epiroc has agreed to acquire ACB+, a manufacturer of attachments and related couplers used by the construction industry.   ACB+ is based in Saint Lager, France, and has several production facilities in the country. It manufactures attachments and quick couplers used on excavators for construction as well as related areas such as scrap recycling and deconstruction. Quick couplers are used…

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Finlay to Debut New Electric Variants at Hillhead 2024

Finlay is set to unveil new electric variants of the I-120RS impact crusher and the 883+ scalping screen at Hillhead 2024. These models will be showcased in the working demonstration area, featuring electric-powered technology that enables operation from either a mains electric power supply or a secondary source such as a genset. The live demonstrations will be powered by the…

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Canadian Operator Fined for Fatality, Injury

Buckhorn Sand & Gravel Inc., Trent Lakes, Ontario, Canada, the operator of a limestone quarry, has been fined $200,000 after one worker suffered fatal injuries and another was critically injured while attempting to free a truck lodged on a rock. The incident occurred May 10, 2022 at 400 Bass Line Rd. in Bobcaygeon, Ontario, Canada, according to media reports. The…

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Great Lakes Limestone Trade Up 19.9% in April

May 24, 2024 – Shipments totaled 2.3 million net tons, an increase of 19.9% compared to a year ago.  Loadings were above the month’s 5-year average by 9.6%. Loadings at U.S. ports totaled 1.9 million tons, an increase of 15.5%.  Shipments from Canadian quarries increased by 42.2% to 459,393 tons. Year-to-date the limestone trade stands at 2.6 million tons, an increase…

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Volvo Group to Increase North American Heavy Truck Production Capacity

The Volvo Group announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group’s U.S. production. The plant will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America. The plant is expected…

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U.S. Silica Reports First Quarter Results; Acquisition Details

U.S. Silica Holdings Inc. announced its first quarter results for the period ended March 31, 2024. As separately announced, U.S. Silica has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management Inc. in an all-cash transaction that values the company at an enterprise value of approximately $1.85 billion. Net income for the…

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BURNCO Rock Products Acquires Hammerstone Quarry in Canada

BURNCO Rock Products Ltd., an aggregate construction materials company with operations in Canada and the United States, announced it has entered into a Share Purchase Agreement with Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group, to acquire Hammerstone Infrastructure Materials Ltd. in Northern Alberta, Canada. The transaction advances BURNCO’s growth strategy and complements its…

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VDG Shows Drum Motor at AGG1

At any major aggregates industry trade show, you will likely notice VDG, as its booth typically features one of President Alex Kanaris’s vintage automobiles. But the real reason for visiting the company’s booth is its innovative VDG drum motor, which encloses all moving parts inside the drum, eliminating any externally mounted conveyor drive components. This streamlined design increases space utilization,…

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Summit’s Argos Acquisition Powers Strong First Quarter

Summit Materials, Inc. announced results for the first quarter ended March 30. Net revenue increased $366.0 million, or 89.9% in the first quarter to $773.2 million, including the partial quarter impact of the Argos USA assets. In the quarter, $378.5 million of revenue was recognized from recent acquisitions which more than offset a decrease of  $21.7 million in net revenue…

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