United States Lime & Minerals Inc. reported fourth quarter and full year 2023 results. The company’s revenues in the fourth quarter 2023 were $65.7 million, compared to $58.3 million in the fourth quarter 2022, an increase of $7.4 million, or 12.7%. For the full year 2023, the company’s revenues were $281.3 million, compared to $236.2 million in the full year…
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Peckham Industries Acquires Terminal Assets of Gorman Group
Peckham Industries Inc. acquired the Gorman Group’s liquid asphalt terminal assets, as part of a larger transaction wherein the entirety of the Gorman Group is being sold. Located in Rensselaer N.Y., the terminal is the largest privately held asphalt terminal on the East Coast. The acquisition will provide Peckham with additional opportunities in the New York/New England region, supplying both…
Read MorePermitting Update: South Carolina
The nation’s largest producer of construction aggregates has applied for permits to establish a limestone quarry and processing plant on Addidas Road, less than 4 miles southeast of the Town of Eutawville.
Read MoreUSGS Releases Mineral Commodity Summaries 2024
The U.S. Geological Survey (USGS) just released its Mineral Commodity Summaries 2024 publication, an annual information source that offers capsule summaries of specific mineral commodities in the United States, including crushed stone, and sand and gravel. In its initial capsule summary, USGS notes that in 2023, the estimated total value of nonfuel mineral production in the United States was $105 billion,…
Read MorePermitting Update: Virginia
How far away from a quarry would a house have to be for you to consider living in it? Would that change if you worked for the quarry? That’s the question at the core of an ordinance considered by the Augusta County Board of Supervisors on Jan. 24. The debate is not over — the ordinance was tabled and several…
Read MoreRice University Study: Coal-Based Product Could Replace Sand in Concrete
A study by Rice University researchers found that graphene derived from metallurgical coke, a coal-based product, could serve not only as a reinforcing additive in cement but also as a replacement for sand in concrete. “This could have a major impact on one of the biggest industries in the world,” said James Tour, Rice’s T. T. and W. F. Chao…
Read MoreMSHA Impact Inspections Target 16 Mines in 11 States in December
The U.S. Department of Labor announced that its Mine Safety and Health Administration (MSHA) completed impact inspections at 16 mines in 11 states in December 2023, issuing 247 violations. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. MSHA’s impact inspections in 2023 identified 2,739 violations,…
Read MorePresident Hails Infrastructure Investments at Wisconsin Event
During a press event at the Earth Rider Brewery in Superior, Wis., President Joe Biden highlighted a $1 billion grant award to the Blatnik Bridge project, which will replace the original structure built in 1961 with a new design that will not only handle higher volumes of motor vehicle and freight traffic but more safely accommodate bicyclists and pedestrians as…
Read MoreHolcim to Spin Off North American Business by 2025
Holcim announced its intent to publicly list its North American business in the United States with a full capital market separation. This process “will create the leading pure-play building solutions company in the region,” the company stated. The newly-listed business will be committed to driving long-term growth in the rapidly expanding North American market and unlocking value for all its…
Read MoreTRIP: New Mexico Roads, Bridges Need Improvements
A lack of sufficient transportation funding will make it difficult to adequately maintain and improve New Mexico’s existing transportation system. Increased investment in transportation improvements could relieve traffic congestion, improve road, bridge and transit conditions, boost safety, and support long-term economic growth in New Mexico, according to a new report released by TRIP, a Washington, D.C.-based national transportation research nonprofit.…
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