TOP NEWS Luck Stone Acquires Ararat Rock Products Luck Stone acquired North Carolina-based Ararat Rock Products, which operated quarries in Mount Airy and Eden, one of the largest acquisitions in the company’s nearly 100-year history. Mellott Company SoldMellott Company has been acquired by MFG Partners and PNC Mezzanine Capital. Global investment bank Stout served as exclusive financial advisor to Mellott…
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First Look – October 2021
TOP NEWS MINExpo Held in Las VegasMINExpo International 2021 was held at the Las Vegas Convention Center Sept. 13-15, the largest and most comprehensive industry event this year to explore cutting-edge equipment, technologies and innovations for all mining sectors. Athabasca Minerals Revenues Leap ForwardAthabasca reported consolidated revenue of $3.2 million ($0.2 million in the second quarter of 2020) with divisional…
Read MoreFIRST LOOK – September 2021
TOP NEWS Senate Passes $1 Trillion Infrastructure BillThe Senate passed a roughly $1 trillion bipartisan infrastructure deal, a significant win for the aggregates and construction industries. Vulcan Material: Revenues on the Rise Vulcan Materials Co. announced results for the quarter ended June 30, reporting total second-quarter revenues of $1,361.0 million versus $1,322.6 million in the second quarter of 2020. Year-to-date revenues…
Read MoreFirst Look – August 2021
TOP NEWS • USGS STATS • ECONOMIC INDICATORS • MSHA WATCH • ENERGY TOP NEWS Industry Leaders Share Growth Projections The Texas Aggregates & Concrete Association at its 67th Annual Meeting heard a National Economic Report presented by Jon Hockenyos, president of TXP Inc., an economic analysis and public policy consulting firm. New Frontier Materials Buys Fred Weber Assets New Frontier…
Read MoreFirst Look July 2021
TOP NEWS • USGS STATS • ECONOMIC INDICATORS • MSHA WATCH • ENERGY TOP NEWS Bipartisan BillPresident Biden and a bipartisan group of senators have announced a deal on infrastructure spending. According to the White House, the price tag comes in at $1.2 trillion over eight years, with $579 billion in new spending. Other sources peg the legislation as a $973-…
Read MoreFIRST LOOK – JUNE 2021
TOP NEWS Martin Marietta MaterialsMartin Marietta Materials Inc. reported results for the first quarter ended March 31. Total revenues were $982.4 million versus $958.2 million in the first quarter of 2020. The company also announced that it acquired Minnesota-based Tiller Corp.
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