Industrial minerals and aggregates producer ACG Materials has acquired Kelly Limestone LLC. ACG Materials is part of the H.I.G. Capital group.
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Aggregates Operations Safer Than Retail Stores
According to the most current data from the Bureau of Labor Statistics, it is safer to work in a quarry than a retail store.
Read MoreTerex Finlay Appoints Mullan
Terex Finlay appointed Paul Mullan to the position of business development director. Mullan will be responsible for all aspects of sales, marketing and business development for the Terex Finlay brand in North America, and will be a key member of the Finlay Brand Management team. Mullan joins Terex with 20 years of crushing, screening and recycling experience focused primarily in…
Read MorePatten Cat Partners With Metso
Patten Cat, Caterpillar’s authorized dealer in northern Illinois and northwest Indiana, announced it has joined the distribution network of Metso. The arrangement will better enable Patten Cat to reach new markets in need of stationary or mobile crushing and screening equipment. Through the partnership, Patten Cat will offer the Metso line of crushing and screening products within its new equipment…
Read MoreVulcan Quarries in Tennessee Now Part of Blue Water Identified
Seventeen Tennessee quarries sold by Vulcan Materials to satisfy federal regulators are now part of Blue Water Industries. The $290 million sale, which closed in December 2017, completed Vulcan’s acquisition of Alabama-based Aggregates USA.
Read MoreVulcan Materials Comes Up Big in Fourth Quarter 2017
Vulcan Materials Co. announced results for the fourth quarter ended Dec. 31, 2017. Total revenues increased $105 million, or 12 percent, to $977 million. Gross profit was $243 million versus $240 million in the prior year. Aggregates segment sales increased $56 million to $770 million and freight-adjusted revenues increased $45 million, or 8 percent, to $596 million. The company also…
Read MoreSummit Materials Reports Strong Quarterly, Yearly Results
Summit Materials Inc. announced results for the fourth quarter and full-year 2017. For the three months ended Dec. 30, 2017, the company reported diluted net income per share of $0.38 on net income of $43.0 million, compared to a diluted loss per share of ($0.00) on a net loss of ($0.3) million in the prior year period. Operating income increased…
Read MoreMartin Marietta’s Nye Looks Ahead With Confidence
On the heels of Martin Marietta Materials’ record revenues, profitability, earnings reported for the fourth quarter of 2017, Ward Nye, chairman, president and CEO is looking forward to 2018 with confidence.
Read MoreMcLanahan Adds North Atlantic Machinery to Dealer Network
McLanahan Corp. announced that North Atlantic Machinery, Inc. has joined their dealer network focusing on the construction and industrial aggregates industry. Located in Maine, North Atlantic Machinery will sell and distribute the McLanahan line of washing and classifying equipment in the New England region, specifically Maine, Massachusetts, Rhode Island, Connecticut, Vermont and New Hampshire. This includes products such as screw…
Read MoreHaving a Blast
Jan. 29, 2018 – Hello from San Antonio where I am attending the ISEE blasting conference. Lots of optimism here and manufacturers pleased with both current business conditions and booth traffic. Spoke with several of the seismic monitoring companies who had much to say about some plant expansions coming on line in the future and ongoing community outreach being practiced…
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