News
Vulcan Materials’ lawyer says Martin Marietta bid not valid
The Martin Marietta Materials bid for Vulcan Materials Co. shouldn’t be permitted, because it violated contractual confidentiality obligations, a Vulcan Materials lawyer told a judge, according to a report by Bloomberg News. The agency says that in final arguments heard… Keep Reading
MB America signs on new dealer in Connecticut
A&D Equipment Dealer of New Haven, Conn., recently came on board as a dealer for MB America Inc. MB produces a line of jaw-crushing attachments for excavators. In 2010, the company opened U.S. offices (in Reno, Nev.) and began introducing… Keep Reading
Rice Lake acquires Measurement Systems International
Rice Lake Weighing Systems announced the purchase of Measurement Systems International (MSI), a scale equipment manufacturer based in Seattle. MSI has been in business since 1977 with niche technologies such as crane scales, aircraft load monitors and more. Rice Lake… Keep Reading
MSHA investigators undergo refresher training
Approximately 75 special investigators from the U.S. Department of Labor’s Mine Safety and Health Administration (MSHA) are participating in refresher training that includes course work conducted by the Federal Bureau of Investigation (FBI). The two-week classroom instruction at the National… Keep Reading
Martin Marietta, Vulcan court decision coming soon
The Wall Street Journal (WSJ) reports that we should know by as early as next week whether Martin Marietta Materials' $5.5 billion bid for Vulcan Materials could be stopped owing to previous confidentiality agreements between the two companies. Final arguments in Delaware… Keep Reading
Two major highway projects awarded in Canada
According to a report from World Highways, contracts worth a combined US$2.5 billion have been awarded for two Canadian highway construction projects. The report says Spanish contractor ACS has been awarded a US$1.52 billion job to construct a new 27-km, eight-lane… Keep Reading
Chicago mayor’s plan calls for $7-billion infrastructure upgrade
Chicago Mayor Rahm Emanuel is not banking on the federal government to provide needed infrastructure dollars for his city. The Chicago Tribune reports that Emanuel's proposal—"Building a New Chicago"—is a $7 billion infrastructure rebuilding plan that would set "the foundations for Chicago… Keep Reading
Vulcan Materials’ stock takes hit as battle continues
The takeover battle between Vulcan Materials Co. and Martin Marietta Materials Inc. continues. Bloomberg News reports that Vulcan Materials' stock fell below Martin Marietta’s hostile bid price last week, "indicating investors doubt that the $5.5 billion all-stock transaction will succeed."… Keep Reading
New association in planning stages
A new association is in the works, possibly called the International Society of Engineered Sand. Reports are that it is a new group for individuals interested in manufactured/engineered sand, and they are looking for people interested in forming a steering… Keep Reading
