Vulcan Materials Co (NYSE: VMC) a major worldwide producer of sand gravel and other construction materials said on December 22 that it had rejected Martin Marietta Materials Inc.s (NYSE: MLM) hostile takeover bid which valued the company at about $5 billion. Read More

Eni SpA Sells TAG Stake

February 7, 2012

Italys energy group Eni SpA has completed the sale of its majority stake in the TAG pipeline which brings Russian gas to Europe Eni said in a statement in January. Read More

BAM Divests Van Oord Share

February 7, 2012

BAM Groep nv (BAM) announced in December that it had transferred its 21.5 percent share in Van Oord nv to a consortium consisting of three Dutch investment companies (Janivo Breedinvest Rinkelberg) and one Belgian investment company (Cobepa). Read More

The Association for Corporate Growth (ACG) Maryland Chapter has awarded its Deal of the Year Award to Ellicott Dredge Enterprises LLC for its purchase of selected assets from Rohr Corporation. Read More

Assistant Secretary of Labor for Mine Safety and Health Joseph A. (Joe) Main has been involved in mining and mine safety since he began working in coal mines in 1967. He is a native of Greene County Pennsylvania which leads the state in coal production. From the outset of his career he has been an advocate for miners safety and health. He was nominated by President Barack Obama as Assistant Secretary of Labor for Mine Safety and Health (MSHA) and confirmed by the Senate on October 21 2009. Read More

On December 8 the U.S. House of Representatives passed the Farm Dust Regulation Prevention Act H.R. 1633 a bill to protect producers of resource-based products including aggregates as well as farmers and ranchers from increased regulation of a naturally occurring substance. The bill passed with a vote of 258 to 150 with 33 Democrats joining all Republicans in favor. Read More

On November 10 2011 DSC Dredge LLC and Supreme Dredge & Processing LLC form a new company Supreme-DSC Dredge LLC a Louisiana-based corporation with its major manufacturing component in Stoneboro Pennsylvania. The company allows the two companies to combine forces to complement each others product lines and build clamshell dredges for aggregate mining. Read More

LeTourneau Technologies a Cameron company. Thats how switchboard operators are answering the phone at LeTourneau for now as its integration into Cameron International (formerly known as Cooper Cameron Corporation) became complete in the fourth quarter of 2011. The sign on the building outside said only Cameron the operator said. The employees have been receiving internal communications on the integration which has been covered by financial and business publications but the company has not yet issued a press release on the final naming. For now LeTourneau is keeping its own Web site with a special banner link to a Web site called www.CameronAcquiresLeTourneauDrilling.com Read More