U.S. Concrete Inc. has purchased fee-simple property and the underlying royalty agreement associated with the Orca Quarry on Vancouver Island, British Columbia, Canada. The acquisition includes approximately 1,551 acres in four parcels of previously leased land.
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Polaris Anticipates Strong Second Half of Year
Polaris Materials Corp. reported financial results for its second quarter ending June 30, 2017. Gross profit year to date of $2 million is more than double the $0.7 million gross profit achieved in the prior year period; Q2 2017 gross profit of $1.3 million was 0.3 million or 26 percent higher than Q2 2016.
Read MorePolaris Posts Net Loss for Year; Seeks Growth Opportunities
Polaris Materials Corp. reported financial results for its fourth quarter and full year ending Dec. 31, 2016. The company reported:
Read MorePolaris Foresees Strong 2016 Performance
Polaris Materials Corp. reports that shipments from its Orca Quarry for the 12 months ended Dec. 31, 2015, were 3.02 million tons, a decrease of approximately 12.5 percent versus 2014, reflecting the impact of previously reported supply disruptions in the second and third quarters of 2015.
Read MorePolaris Achieves Shipment Record
Polaris Minerals Corp. reported that, during the fourth quarter ended Dec. 31, 2013, its Orca Quarry operation loaded 15 ships carrying in excess of 1,060,000 tons, a new record for quarterly shipments. This is in sharp contrast to 2010, the low point of the recent recession, when the company loaded 18 ships through the full year and recorded sales of…
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