Robit said it is the first company in the world to develop a patented measuring system that can measure the straightness of a hole during the percussive drilling process. The system is the result of an intensive, seven-year R&D program at Robit and is in operation at selected customers. Unlike existing, time-consuming manual systems, measuring during the drilling process does not…
Read MoreAuthor: Rock Products
Summit Materials Plans IPO
Summit Materials Inc. is planning an initial public offering, according to a filing made with the U.S. Securities and Exchange Commission. The company hopes to raise to raise between $376 to $432 million.
Read MoreUSGS Index Supports Industry Growth
The nonmetallic mineral products industry leading index increased 0.3 percent to 240 in December from 239.5 in November, according to the latest report from the U.S. Geological Survey (USGS). However, its 6-month smoothed growth rate remained at the 2.2 percent growth rate of November.
Read MoreSuperior Hires Jason Adams as Construction Management GM
Superior Industries hired 20-year industry veteran Jason Adams as general manager of the company’s construction management division. Adams comes to Superior Industries after spending the last seven years as operations manager and eventually vice president of operations at Continental Equipment Co., a construction-aggregate equipment distributor located in Fenton, Mo. He first came to the industry in 1994 when he started welding…
Read MoreLuck Stone Receives Special Achievement in GIS Award
Luck Stone was presented with the 2014 “Special Achievement in GIS” (SAG) Award at the Environmental Systems Research Institute (ESRI) User Conference in San Diego, for the successful implementation of ArcGIS Online for Organizations, which includes a mobile Geographic Information System (GIS) App (for Androids and iOS platforms). The “Special Achievement in GIS” award acknowledges leadership, vision, hard work, and the innovative use…
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Read MoreThis Week’s Market Buzz
Workers for U.S. Silica Co. recently began building a transloading and storage facility off East Loop 338 in south Odessa, Texas, capable of storing 20,000 tons of frac sand to service the surging oil and gas production of the Permian Basin, according to OA Online. Company officials expect to finish the roughly $12 million facility – permitted by city officials…
Read MoreRainmaker, Arkansas Silica Strike Deal
Rainmaker Resources (RMR) concluded a deal by way of a binding Letter Agreement with Arkansas Silica LLC (ASL) to option the 304-acre Bray frac sand property in Northeast Arkansas. ASL currently has a purchase option on the property from the landowners. RMG has tested and assessed the initial potential and plans to deliver an NI 43-101 resource estimate in 90-120…
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