You find U.S. Silica plants in Ottawa and a dozen other U.S. locations.
But starting Wednesday you also can find it on the New York Stock Exchange with the listing symbol of SLCA.
The initial public offering by U.S. Silica Holdings was 11,764,705 shares of common stock at a price of $17 per share.
The company announced it expects to receive net proceeds of approximately $42.5 million from the offering and intends to use approximately $34.5 million to fund future capital expenditures for its business, including the construction of its new resin-coating facility.
U.S. Silica Holdings, a Delaware corporation headquartered in Frederick, Md., is the second-largest domestic producer of commercial silica used for a variety of industrial and specialty products end markets.
During its 111-year history, U.S. Silica Holdings has focused on mining, processing, logistics and materials science that enable it to produce and deliver more than 200 products.
U.S. Silica's Ottawa plant is North America's largest silica production facility, mining fine grain, nearly pure quartz sandstone from the location's St. Peter sandstone deposits.
Ground and unground silica products from the Ottawa facility have a wide variety of applications, including glass production of all kinds, foundry and refractory sand, abrasives, polishes, paint and other fillers, filtration sand, frac sand and cement testing sands.
Silica sand mining began in Ottawa in the 1860s. At that time in Ottawa, glass manufacturing was one of the most important industries and the silica sand and glass manufacturing businesses grew simultaneously.
The Ottawa facility with an office at 701 Boyce Memorial Drive became part of U.S. Silica in 1987 and has a production rate of 2.2 million tons of silica annually.
2012年2月2日星期四
2011年11月9日星期三
Kaman Board of Directors Declares Dividend
Kaman Corporation, founded in 1945 by aviation pioneer Charles H. Kaman, and headquartered in Bloomfield, Connecticut conducts business in the aerospace and industrial distribution markets. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; aerostructure engineering design analysis and FAA certification services; safe and arm solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company's SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters. The company is a leading distributor of industrial parts, and operates more than 200 customer service centers and five distribution centers across North America. Kaman offers more than four million items including bearings, mechanical power transmission, electrical, material handling, motion control, fluid power, automation and MRO supplies to customers in virtually every industry.
2011年11月3日星期四
Congressional supercommittee mustn't undermine military
Defense Secretary Leon Panetta told members of the House Armed Services Committee that additional cuts to military spending would devastate the nation's defense, according to an Oct. 14 Star-Telegram story.
Congress' deficit-cutting supercommittee is searching for ways to get our federal deficit under control. Many areas of the budget are under review, including national defense, which accounts for about 20 percent of federal spending.
Congress has already cut $460 billion from the defense budget over the next decade; this month, the congressional supercommittee could allow an additional $500 billion in cuts.
On Wednesday, the chiefs of all four military branches told the House Armed Services Committee that further defense cuts would be a "catastrophic" blow to their ability to protect the nation.
As a general manager who works locally in the defense industry, I heartily agree with Panetta and the chiefs that additional cuts would be a serious mistake.
I work for Parker Aerospace's Stratoflex Products Division, headquartered in Fort Worth. Our division is a world leader in fluid conveyance systems for the aerospace market and supports most aircraft in production in the world today. Our products include a broad array of hoses and hose assemblies and fittings, joints, valves, hydraulic fuses and regulators.
Parker Aerospace employs more than 537 in Fort Worth and Mansfield and 5,600 nationwide. The jobs we offer are well-paying, with good benefits in a positive work environment. In this time of high unemployment, these are the kind of jobs that make our state and country strong and healthy, economically and industrially. These are the kind of jobs we need to keep.
I firmly believe that Congress should preserve funding in the budget for defense, space and civil aviation and should resist calls for additional cuts. Such cuts would have a deleterious effect on the aerospace industry, degrading America's military capabilities and threatening our nation's position as a world leader in aerospace while sacrificing hundreds of thousands of well-paying jobs.
Our country has more than 1.5 million Americans serving in uniform, is involved in wars in two nations and risks terrorist attacks from a variety of sources.
To meet these challenges, the military needs the advanced, life-saving technology and equipment that the aerospace and defense industries provide.
However, significant defense cuts hamper our ability to supply the military with these tools. With the F-35 joint strike fighter in test flight, for example, no manned military airplanes or helicopters are in development for the first time in 100 years.
Deep cuts to space and civil aviation programs, specifically NASA and the Federal Aviation Administration, would have an adverse effect on our nation as well.
NASA allows the United States to retain its space leadership in the world.
Both NASA and the FAA play a key role in the planning and execution of the Next Generation Air Transportation System, which promises to transform air transport.
We at Parker ask for the support of our local U.S. House member, Rep. Kay Granger, and the community in preserving funding for defense, space and civil aviation. Let's retain our leadership in the global aerospace industry.
Raj Gupta is general manager of the Stratoflex Products Division of Parker Aerospace in Fort Worth.
Congress' deficit-cutting supercommittee is searching for ways to get our federal deficit under control. Many areas of the budget are under review, including national defense, which accounts for about 20 percent of federal spending.
Congress has already cut $460 billion from the defense budget over the next decade; this month, the congressional supercommittee could allow an additional $500 billion in cuts.
On Wednesday, the chiefs of all four military branches told the House Armed Services Committee that further defense cuts would be a "catastrophic" blow to their ability to protect the nation.
As a general manager who works locally in the defense industry, I heartily agree with Panetta and the chiefs that additional cuts would be a serious mistake.
I work for Parker Aerospace's Stratoflex Products Division, headquartered in Fort Worth. Our division is a world leader in fluid conveyance systems for the aerospace market and supports most aircraft in production in the world today. Our products include a broad array of hoses and hose assemblies and fittings, joints, valves, hydraulic fuses and regulators.
Parker Aerospace employs more than 537 in Fort Worth and Mansfield and 5,600 nationwide. The jobs we offer are well-paying, with good benefits in a positive work environment. In this time of high unemployment, these are the kind of jobs that make our state and country strong and healthy, economically and industrially. These are the kind of jobs we need to keep.
I firmly believe that Congress should preserve funding in the budget for defense, space and civil aviation and should resist calls for additional cuts. Such cuts would have a deleterious effect on the aerospace industry, degrading America's military capabilities and threatening our nation's position as a world leader in aerospace while sacrificing hundreds of thousands of well-paying jobs.
Our country has more than 1.5 million Americans serving in uniform, is involved in wars in two nations and risks terrorist attacks from a variety of sources.
To meet these challenges, the military needs the advanced, life-saving technology and equipment that the aerospace and defense industries provide.
However, significant defense cuts hamper our ability to supply the military with these tools. With the F-35 joint strike fighter in test flight, for example, no manned military airplanes or helicopters are in development for the first time in 100 years.
Deep cuts to space and civil aviation programs, specifically NASA and the Federal Aviation Administration, would have an adverse effect on our nation as well.
NASA allows the United States to retain its space leadership in the world.
Both NASA and the FAA play a key role in the planning and execution of the Next Generation Air Transportation System, which promises to transform air transport.
We at Parker ask for the support of our local U.S. House member, Rep. Kay Granger, and the community in preserving funding for defense, space and civil aviation. Let's retain our leadership in the global aerospace industry.
Raj Gupta is general manager of the Stratoflex Products Division of Parker Aerospace in Fort Worth.
2011年5月22日星期日
Marcellus Shale motherlode brings world of change
Earlier this year, Phillip Whalen packed his bags, left his home in Louisiana and set up shop in western Pennsylvania.
The 15-year oil and gas industry veteran said work has dried up around the Gulf of Mexico, in part because of the fallout from the BP PLC oil spill last year. In what has become a kind of reverse national oil rush, Mr. Whalen said, his motivation for heading north to this small community 20 miles south of Pittsburgh was simple.
“I’m doing what I have to do to keep a roof over the head and pay the bills,” the grizzled family man said early one morning. He was dressed in a blue jumpsuit and was smoking a last cigarette outside his hotel before heading off to work.
His company, T3 Energy Services, sent him to Washington, the economic epicenter for exploiting what many think is the nation’s path away from dangerous dependence on foreign oil.
Big energy companies have set up shop here to tap the Marcellus Shale, a massive chunk of marine sedimentary rock stretching from the Finger Lakes region of New York as far south as Kentucky and Tennessee, holding within its subterranean grip vast deposits of natural gas.
Technology that essentially uses extreme water pressure to crack open the rock and liberate the natural gas within so that it can be pumped to waiting pipelines has given mining and energy companies access to the plentiful supply of shale oil and gas in recent years.
Proponents tout so-called “hydraulic fracturing” or “fracking” as the key to satisfying the nation’s booming energy appetite — using reliable, domestic sources — for a century or more. Critics warn that the procedure is dangerous, an untested technology that opens the way for mysterious chemicals to seep into water supplies, while leaving unsuspecting residents of small towns and rural hamlets vulnerable to environmental and economic disruption.
The 15-year oil and gas industry veteran said work has dried up around the Gulf of Mexico, in part because of the fallout from the BP PLC oil spill last year. In what has become a kind of reverse national oil rush, Mr. Whalen said, his motivation for heading north to this small community 20 miles south of Pittsburgh was simple.
“I’m doing what I have to do to keep a roof over the head and pay the bills,” the grizzled family man said early one morning. He was dressed in a blue jumpsuit and was smoking a last cigarette outside his hotel before heading off to work.
His company, T3 Energy Services, sent him to Washington, the economic epicenter for exploiting what many think is the nation’s path away from dangerous dependence on foreign oil.
Big energy companies have set up shop here to tap the Marcellus Shale, a massive chunk of marine sedimentary rock stretching from the Finger Lakes region of New York as far south as Kentucky and Tennessee, holding within its subterranean grip vast deposits of natural gas.
Technology that essentially uses extreme water pressure to crack open the rock and liberate the natural gas within so that it can be pumped to waiting pipelines has given mining and energy companies access to the plentiful supply of shale oil and gas in recent years.
Proponents tout so-called “hydraulic fracturing” or “fracking” as the key to satisfying the nation’s booming energy appetite — using reliable, domestic sources — for a century or more. Critics warn that the procedure is dangerous, an untested technology that opens the way for mysterious chemicals to seep into water supplies, while leaving unsuspecting residents of small towns and rural hamlets vulnerable to environmental and economic disruption.
2011年3月22日星期二
Jaguar Recalls 2010 XF, XK on Steering Issues
Owners of brand new Jaguar XF and XK models will be soon notified by the British manufacturer about a recall that involves their vehicles and asked sometime around April 11 to their vehicles in for repairs at the nearest dealership.
According to a letter sent by Jaguar to the National Highway Traffic Safety Administration (NHTSA) and posted on the organization's website, the two models can experience a problem with the steering.
In all, 6,085 vehicles might be affected by an issue with the steering hydraulic power assist hose, piping and connections. In essence, the aforementioned elements have been delivered with zinc-nickel plating, an element which doesn't do well when faced with humidity and the passing of time.
The hose, piping and connections might get corroded in time, even if, so far, no actual report of such a problem has been filed. Jaguar says that it is recalling the cars to have the power steering pipes that meet its internal quality requirements.
In case it hadn't announced the recall, the affected parts might have caused a bigger problem, a pin-holing of the pass pipes. This in turn might have lead to steering fluid leaking into the engine bay area, leaving the drivers of the cars with a far less controllable car. In addition, the fluid itself might catch fire.
As usual in such cases, any and all repairs will be conducted at authorized services free of charge for the owners. As said, the recall is expected to begin in the early days of next month, with the customers to be notified prior to that time.
According to a letter sent by Jaguar to the National Highway Traffic Safety Administration (NHTSA) and posted on the organization's website, the two models can experience a problem with the steering.
In all, 6,085 vehicles might be affected by an issue with the steering hydraulic power assist hose, piping and connections. In essence, the aforementioned elements have been delivered with zinc-nickel plating, an element which doesn't do well when faced with humidity and the passing of time.
The hose, piping and connections might get corroded in time, even if, so far, no actual report of such a problem has been filed. Jaguar says that it is recalling the cars to have the power steering pipes that meet its internal quality requirements.
In case it hadn't announced the recall, the affected parts might have caused a bigger problem, a pin-holing of the pass pipes. This in turn might have lead to steering fluid leaking into the engine bay area, leaving the drivers of the cars with a far less controllable car. In addition, the fluid itself might catch fire.
As usual in such cases, any and all repairs will be conducted at authorized services free of charge for the owners. As said, the recall is expected to begin in the early days of next month, with the customers to be notified prior to that time.
2011年3月3日星期四
Local boy becomes 'Firefighter for the Day'
In conjunction with the special-needs community, the City of Brigantine Fire
Department continued with the Firefighter for the Day program, providing some of the
local special-needs children with an opportunity to see what their communities
firefighters' do on a daily basis.
On Friday, Feb. 25, third-grader Oscar Sarmiento, 8, came to work at the fire station
for a few hours as a Firefighter for the Day.
Members of the Brigantine Fire Department greeted Oscar, his 2-year-old brother, along
with his parents, and provided them with a look inside the Fire Department's daily
operations.
Oscar started by checking equipment on the engine, then donning firefighting gear to
squirt water from a fire hose. He also got to learn about the Jaws of Life hydraulic
tools, and got to see them in action.
To finish his visit, he got to have lunch with the members of 'D' platoon, the shift
on duty. They had Cameron's favorite, pizza, donated by Goochie Brothers Restaurant.
Department continued with the Firefighter for the Day program, providing some of the
local special-needs children with an opportunity to see what their communities
firefighters' do on a daily basis.
On Friday, Feb. 25, third-grader Oscar Sarmiento, 8, came to work at the fire station
for a few hours as a Firefighter for the Day.
Members of the Brigantine Fire Department greeted Oscar, his 2-year-old brother, along
with his parents, and provided them with a look inside the Fire Department's daily
operations.
Oscar started by checking equipment on the engine, then donning firefighting gear to
squirt water from a fire hose. He also got to learn about the Jaws of Life hydraulic
tools, and got to see them in action.
To finish his visit, he got to have lunch with the members of 'D' platoon, the shift
on duty. They had Cameron's favorite, pizza, donated by Goochie Brothers Restaurant.
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