News
Summit Materials debuts on NYSE
Summit Materials Holdings Inc. made its debut as a public company. Summit Materials, the 16th-largest producer on Pit & Quarry's 2014 MegaProducers list, opened at $19.90 a share on the New York Stock Exchange. According to the Denver Business Journal,… Keep Reading
BCC report indicates growth in hydraulic proppants
BCC Research announced in its report, “Fracking Proppants: Global Markets,” that increasing industrialization has resulted in significant growth in demand for hydraulic proppants. According to the report, growing industrialization has led to an increased need for energy with expansion being… Keep Reading
Brock, chairman and former CEO of Astec, dies
J. Don Brock, chairman and former CEO of Astec Industries, died Wednesday at Memorial Hospital in Chattanooga, Tenn. He was 76. Brock was diagnosed with mesothelioma cancer in 2012. Brock, a member of Pit & Quarry’s Hall of Fame, was… Keep Reading
Shuster, Glassman to speak at NSSGA convention opening session
The National Stone, Sand & Gravel Association (NSSGA) announced that House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) and columnist, diplomat and author James Glassman will be speaking at the opening session of its annual convention Monday, March 16… Keep Reading
Colorado School of Mines, CMAEF sponsor online mining course
The Colorado School of Mines and the Colorado Mining Association Education Foundation (CMAEF) are sponsoring an online course, “All About Mining,” for kindergarten through 12th grade educators. The course consists of 47 online lectures on the facets of the mining… Keep Reading
Hagerty elected to Rogers Group board of directors
Rogers Group announced the election of William Hagerty IV to its board of directors. Hagerty is a founder and managing director of Hagerty Peterson & Co. Hagerty's prior experience includes serving in the Cabinet of Governor Bill Haslam as the… Keep Reading
Summit Materials files IPO plans
According to a filing made with the U.S. Securities and Exchange Commission, Summit Materials plans to raise between $376 million and $432.4 million in an initial public offering, reports the Denver Post. "The private construction market is beginning to rebound,… Keep Reading
NSSGA names State Aggregates Association Executive of the Year
The National Stone, Sand & Gravel Association (NSSGA) named Patrick Jacomet as the 2014 State Aggregates Association Executive of the Year. Jacomet is the executive director of the Ohio Aggregates & Industrial Minerals Association (OAIMA). The award acknowledges significant contributions… Keep Reading
Dodge Momentum Index rises in February
The Dodge Momentum Index increased 4.3 percent to 126.3 in February from 121.1 in January, according to Dodge Data & Analytics. The index has exhibited somewhat of an alternating pattern of late, up in December, down in January and up… Keep Reading