News
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
Leader chosen for new division at FLSmidth
FLSmidth has announced that Peter J. Flanagan has been selected to serve as a member of group executive management, and as executive vice president of FLSmidth’s newly formed Non-Ferrous Division, which provides minerals processing technologies, systems and solutions to the… Keep Reading
Highway bill extended through June 30
UPDATE: The U.S. Senate has passed by unanimous consent a 90-day extension of the highway bill, which passed 266 to 158 earlier today in the House. Before passage, Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) asked unanimous… Keep Reading
Judge overturns EPA veto
The Federal District Court for the D.C. Circuit has ruled that the U.S. Environmental Protection Agency exceeded its authority last year when it revoked a previously issued mountaintop mine permit. The mine owner, Arch Coal, sued to overturn EPA's action… Keep Reading
Major Wire names new territory manager
Montreal-based Major Wire Industries Ltd. named Jerry Teague as its new territory manager for the south central United States and Puerto Rico. Teague will work directly with Major Wire authorized dealers and aggregate, mining and recycle customers in Arkansas, Southern… Keep Reading
