MDU Resources Group Inc. submitted a confidential draft registration statement on Form 10 with the U.S. Securities and Exchange Commission in connection with the planned spinoff of its construction materials business, Knife River Corp. MDU Resources expects the spinoff of Knife River will be complete in the second quarter of 2023. MDU Resources had announced on Aug. 4 its intent…
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FIRST LOOK – October 2022
TOP NEWSYork Building Products Acquires Union QuarriesYork Building Products acquired Union Quarries, a Carlisle, Pa.-based manufacturer of crushed stone, asphalt and ready-mix concrete products. Chris Wright, president of Union Quarries, noted, “We believe our customers and employees will be very pleased with the future course of the company, and look forward to this new chapter in our history.” PACA Holds…
Read MoreMDU Resources Publishes 2021 Sustainability Report
MDU Resources has published its 2021 Sustainability Report. Some of the highlights outlined in the report include: Ceasing operations at all wholly owned coal-fired electric generation facilities, with more economical options available to supply energy to customers. This will further reduce the company’s greenhouse gas emissions intensity as it makes progress toward its target of a 45% reduction from owned…
Read MoreFirst Look – August 2022
CEMEX USA Adds Natural Gas Trucks to Southern California Fleet
CEMEX USA has added close to 40 low-emission natural gas-powered trucks to replace diesel powered vehicles in its Southern California fleet as part of efforts to achieve carbon neutrality throughout its value chain by 2050. CEMEX’s new state-of-the-art trucks, which started to be delivered in April, are all powered by low emission compressed natural gas (CNG) or renewable natural gas…
Read MoreFirst Look – June 2022
Caterpillar Acquires Tangent Energy Solutions
Caterpillar Inc. acquired Tangent Energy Solutions, an energy-as-a-service (EaaS) company that provides customers with turnkey solutions for reducing energy costs, increasing energy efficiency, reducing emissions, monetizing electric grid support, and providing resiliency for customer operations. The acquisition of Tangent Energy also positions Caterpillar to work directly with utilities and energy providers to supply distributed energy resources (DERs) that rapidly grow…
Read MoreAggreko Introduces Ultra-Low Emissions Package for Energy Transition
Aggreko, a provider of mobile and modular power solutions, announced the launch of its 1300 kW Ultra-Low Emissions Package, a world-class power generation system that reduces up to 99% of all controlled emissions from generator exhaust streams. Tailored to fit any project situation, the Ultra-Low Emissions Package is designed to meet strict federal air quality restrictions for faster deployment and…
Read MoreFirst Look – February 2022
SICK, Eagle Research Partner to Create Flow Meter Monitoring Device
ERC is an independently owned, automation and telemetry solutions provider, focused on industrial and natural gas applications. This new partnership pairs the revolutionary FLOWSIC500 with ERC’s 9040500USM cellular monitoring device. This is a device specific to SICK’s FLOWSIC500 that enables a cellular communications system and allows for remote, cellular-based data polling. This system will also work with any third-party polling…
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