Vulcan Materials said that Mexican police and soldiers have illegally entered and seized a cargo port it operates on land it owns on Mexico’s Caribbean coast, according to the AP. The company said police forced their way into the Caribbean coast dock at Punta Venado, near Playa del Carmen, last week. “It should be clear that the rule of law is…
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United States Lime & Minerals Reports Revenue Increases
United States Lime & Minerals Inc. reported fourth quarter and full year 2022 revenues of $58.3 million, compared to $46.1 million in the fourth quarter 2021, an increase of $12.2 million, or 26.4%. For the full year 2022, the company’s revenues were $236.2 million, compared to $189.3 million in the full year 2021, an increase of $46.9 million, or 24.8%. …
Read MorePercepto Launches New Drone and Advanced AI-Powered Analytics
Percepto announced the launch of its upgraded 2022 Autonomous Inspection & Monitoring (AIM) platform and its new Air Mobile drone. Percepto offers the only end-to-end solution powered by AI to collate and streamline all visual data for accurate actionable insights, the company stated. Percepto AIM 2022’s newly launched Insight Manager delivers AI-powered packaged solutions for sector-specific use cases, such as…
Read MoreSpace-Age Manufacturing
3D Printing Technology Being Used To Supply Hydraulic Fasteners To Customers In The Quarry Industry, Among Others. By Mark S. Kuhar 3D printing technology like that being tested to enable astronauts to manufacture precision parts in space is being used for a more down-to-earth application by Technofast Industries to supply hydraulic fasteners to customers in the mining, quarry, energy, construction…
Read MoreMillennials and Energy
As of 2016, Millennials have overtaken Baby Boomers as the largest generation in terms of population in the United States. Recognizing this demographic shift and the growing influence of Millennials, the Smart Grid Consumer Collaborative (SGCC) commissioned research to better understand what the rise of Millennials means for consumers of energy.
Read MorePolling Shows Strong Support for Minerals, Energy
According to the National Mining Association (NMA), there is broad support for policies that would encourage the use of domestic minerals and energy resources to reduce reliance on imports, enhance reliability and strengthen national security.
Read MoreVirginia Aggregate Producers Receive Awards
The Virginia Transportation and Construction Alliance (VTCA), in conjunction with the Virginia Department of Mines, Minerals and Energy – Division of Mineral Mining, presented the following awards on July 12. Safety Awards are presented to mining operations in Virginia that have met or exceeded a benchmark of safety criteria in their day-to day plant operations. Congratulations to these recipients of…
Read MoreCat is Up, But Down
July 29, 2014 – Caterpillar’s second-quarter net income rose 4.1 percent, as the company earned $999 million, versus $960 million in last year’s second quarter. However revenue for the Peoria, Ill.-based company dropped 3.2 percent to $14.15 billion from $14.62 billion.The big issue? Mining equipment. That category fell 29 percent from a year ago in the second quarter. Sales to…
Read MoreABB Opens Fifth Factory in Brazil in $200 Million Expansion Plan
ABB officially inaugurated its fifth factory in Brazil in the presence of the Minister of Development, Industry and International Business, Mauro Borges, and the Governor of São Paulo Geraldo Alckmin. The new plant is part of a $200 million investment to expand ABB’s technology development and production capacity to serve increasing domestic demand from industries such as petrochemicals, pulp and…
Read MoreAstec Acquires Telestack
April 8, 2014 – Astec Industries Inc. announced that it has completed the acquisition of Omagh, Northern Ireland-based Telestack Ltd. for $36 million.
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