News
Global demand for silica sand reported to increase
According to the World Industrial Silica Sand study by The Freedonia Group, global demand for industrial silica sand is forecast to advance 5.5 percent per year to 291 million metric tons in 2018, with a value of $12.5 billion. This… Keep Reading
IronPlanet and Cat Auction Services to merge
IronPlanet will be merging with Cat Auction Services. Once combined, the two companies will provide buyers and sellers with used heavy construction equipment. They will also provide auction and remarketing solutions; a global, integrated market; and value and convenience for… Keep Reading
Lafarge, Holcim form executive committee for future company
Lafarge and Holcim took a step to complete the merger of their companies, naming members of its future executive committee. According to Lafarge, Bruno Lafont, who will serve as CEO of the combined company, will head a project team of… Keep Reading
Vulcan announces a retirement from board of directors
Vulcan Materials Co. announced the retirement of H. Allen Franklin from its board of directors, effective Dec. 31. Franklin, who is retiring due to health reasons, joined the board in 2001 and is the former chairman, president and CEO of… Keep Reading
EPA announces decision to not regulate fly-ash
According to the American Road & Transportation Builders Association (ARTBA), the U.S. Environmental Protection Agency (EPA) has made a decision to not regulate fly-ash, a byproduct of coal combustion that produces electricity, as “hazardous material.” According to ARTBA, this decision… Keep Reading
Vulcan completes California quarry acquisition
Vulcan Materials Co. acquired West Coast Aggregates' Pilarcitos Quarry near Half Moon Bay, Calif., the Half Moon Bay Review reports. The sale is reportedly part of a deal for four quarries between Vulcan and West Coast Aggregates. The amount paid… Keep Reading
FMI whitepaper offers insights on executive pay
Management consulting and investment banking firm FMI released a whitepaper on executive pay trends that is available as a free download here. The whitepaper, authored by Mike Rose, offers a few key takeaways according to FMI. One takeaway is that… Keep Reading
Equipment leasing association shares its 2015 outlook
The Equipment Leasing and Finance Association (ELFA) expects 2015 to be a breakout year for the U.S. economy, with overall growth expected to top 3 percent. Although ELFA says 3 percent gross domestic product (GDP) growth was the average pace… Keep Reading
Kaman sells its Mexican distribution subsidiary
Kaman Corp. sold its Mexico business unit, Delamac de Mexico S.A. de C.V., to Rodamientos y Accesorios S.A. de C.V. (RYASA) of Mexico. Terms of the transaction were not disclosed. “We did not have sufficient scale in Mexico to achieve… Keep Reading
