Pit & Quarry, September 2016

12 MONTh ChART PRiCE 52 WEEk RANGE stocks low high As of Aug 15 2016 source Yahoo Finance Cemex CX 889 35 909 12452 CRH Oldcastle CRH 3218 2333 3233 2647 Eagle Materials EXP 8329 4503 8757 402 Granite Construction GVA 4999 2845 5135 198 Heidelberg Cement HEI 8150 5817 8201 1532 LafargeHolcim LHN 4717 3033 5899 2859 Martin Marietta MLM 19946 10831 20636 1265 MDU Resources MDU 2344 1558 2467 458 Summit Materials SUM 2064 1312 2789 130 U S Concrete USCR 5743 4042 6966 087 U S Lime Minerals USLM 6279 4556 6409 035 Vulcan Materials VMC 11977 7883 1272 1594 As of press time many of the stocks on our list of publicly traded aggregate producers are near the peak of their 52 week range Martin Marietta is near 200 per share U S Silica to pUrchaSe frac Sand prodUcer U S Silica Holdings Inc agreed to acquire NBR Sand a unit of New Birmingham Inc for 210 million The transaction was expected to close last month NBR Sand which is located in Tyler Texas operates a single sand mine and plant that has the capacity to produce slightly more than 2 million tons of fine grade frac sand per year The MARkET CAP iN BiLLiONS east Texas facility currently sells its products to customers who are primarily drilling and completing wells in the nearby basins NBR Sand has the capacity to produce slightly more than 2 million tons of fine grade frac sand per year NBR Sand produces 40 70 mesh and 100 mesh silica sand The NBR facility is positioned on about 1400 acres that include 12 storage silos with a capacity of more than 10000 tons and five load out lanes The property has more than 20 years of reserves according to U S Silica U S Silica currently operates nine industrial sand production plants and eight oil and gas sand production plants The company is headquartered in Frederick Md and has offices in Chicago and Houston Former Cat exec joins Summit board s ummit Materials Inc appointed Steven H Wunning as a director to its board Wunning will also serve on Summits Compensation Committee According to Summit Wunning has more than 40 years of combined operating and board experience across the industrial and building products industries With the appointment of Wunning Summits board now comprises nine members Wunning served as group president and executive office member at Caterpillar Inc from 2004 until his retirement in 2015 Wunning joined Cat in 1973 and held a variety of positions of increasing responsibility with the company including vice president of the Logistics Division from 2000 to 2004 and vice president of the Logistics Product Services Division from 1998 to 2000 P Q AggregAtes Industry Index OCT NOV DEC JAN 14 FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN 15 FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC September JAN 16 340 FEB MAR APR MAY JUN JUL AUG SEP 350 300 250 200 Source Pit Quarry The P Q Aggregates Industry Index climbs another five points this month The index has gained 52 points since March Thats an 18 percent increase over the last six months pitandquarry com September 2016 PIT QUARRY 83