News
VantaCore Partners acquired in deal exceeding $200 million
Natural Resource Partners LP (NRP) signed an agreement to acquire VantaCore Partners LP, a privately held company specializing in the construction materials industry, for $205 million. The deal is expected to close in the fourth quarter this year. According to… Keep Reading
Pennsylvania governor pays visit to McLanahan
Gov. Tom Corbett (R-Pa.) visited McLanahan Corp.'s corporate headquarters in Hollidaysburg, Pa., and discussed how pro-growth policies and energy development are spurring the growth of Pennsylvania manufacturers. Corbett toured the McLanahan facility as part of his visit with company President… Keep Reading
July construction climbs 6 percent
According to McGraw Hill Construction, new construction starts in July rose 6 percent to a seasonally adjusted annual rate of $588.8 billion. The July statistics raised the Dodge Index to 125, which went up from 118 in June and marked… Keep Reading
MSHA allocates $8.3 million in safety training grants
The U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) has allocated $8,348,423 in health and safety training grants for 47 states and the Navajo Nation in fiscal year 2014. The grants will be used to cover training and… Keep Reading
Belt Tech opens new branch in Kentucky
Belt Tech Industrial opened a fourth office in Madisonville, Ky. The branch plans to serve industrial customers in the Madisonville and Hopkins County area, including mining operations, power plants and aggregate stone producers. “There’s a huge potential to serve customers… Keep Reading
Major Wire names new VP of international sales
Major Wire named Alain Durand as vice president of international sales. Durand has worked as a global market development consultant at the company since May 2013. Durand previously worked at Rio Tinto and Xstrata, where he was involved with strategic… Keep Reading
Vulcan acquires operations from Martin Marietta
Vulcan Materials Co. has completed the acquisition of one quarry in southern Oklahoma and two distribution yards in Dallas from Martin Marietta Materials, says a press release. According to an additional press release, Martin Marietta was required to sell the… Keep Reading
Terex appoints compact equipment distributor for Manitoba
Terex named AgCon Equipment an authorized distributor of its compact construction equipment line in the Canadian province of Manitoba. The company will offer sales, rental, service, parts and financing for Terex compact track loaders, skid steer loaders, compact excavators, compact… Keep Reading
McLanahan Corp. achieves safety milestone
McLanahan Corp. says it achieved one million man hours without a lost work-time accident last month. Safety is not just a set of rules and regulations to be followed, but a promise that the corporation makes to its employees, according to… Keep Reading
