Terex Completes Sale of Business Units

Terex Corp. completed the sale of its Material Handling and Port Solutions business to Konecranes Plc for $595 million and €200 million in cash, and a million newly issued class B shares representing a 25 percent interest in Konecranes. “We believe that the Konecranes-MHPS combination represents compelling industrial logic that will deliver significant value to Konecranes customers, team members and…

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Select Sands Agrees to Deal with Ozark Premium Sand

Select Sands Corp. announced that it has entered into a binding agreement with Tutle Holding, LLC and Steve Hackmann, Ozark Premium Sand LLC (OPS) pursuant to which Select Sands’ wholly owned subsidiary, American Select Corp., will purchase certain OPS equipment and shall have the option to purchase OPS’ dry processing plant, operating equipment, saleable inventory and customer lists amongst other…

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Eagle Materials Acquires Ohio Cement Plant, Other Assets

Eagle Materials Inc. has entered into a definitive agreement with a subsidiary of Cemex S.A.B. de C.V., to purchase Cemex’s Fairborn, Ohio, cement plant, as well as related assets, which include a distribution terminal in Columbus, Ohio, and a cement bagging operation. The cement plant has the capacity to grind nearly one million tons of clinker annually.

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