Rock Products

NOV 2018

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www.rockproducts.com ROCK products • November 2018 • 39 initiatives and is a great first step. We hope that the Congress, on a bipartisan basis, finds effective ways of financing infrastructure investment, so we can see benefits hitting the industry in 2019 and long into the future. MEHTA: We believe President Trump will get the funding for infrastructure improvements based solely on the need. This country, no matter what people may think of Trump, realizes we must protect our citizens with safe and viable road systems. Infrastructure is in terrible shape and does need spending, but when Congress gets involved, the final outcome turns out to be non-ben- eficial to our society due to great divide. Somehow, it seems the party interests override what is in the interest of our country. The action on infrastructure is long overdue and the roads and bridges we are driving on were not built to handle the traffic we have today. The answer is in all the studies that are available online or otherwise. Our job involves lot of travel and meeting people across the country. These are the sentiments of the people we have met and conditions we have seen. 4. A popular new book, and many national and international media reports, decry the dwindling supply of sand available to the construction market. Do you buy that? Do you have products or services designed to address a potential sand shortage? GARRISON: Much of the buzz around that comes from places like Dubai and China that have done extreme building. There are plenty of videos to watch about this, but none really discuss man- ufactured sand. Manufactured sand has been fairly strong in the United States for a while. We recognize this because of a rise vertical shaft impactor (VSI) sales the last several years. As a result, we have built a full line of VSI crush- ers and washing equipment to support the needs for manufactured sand production. LININGER: The dwindling supply of sand has been a topic that many of our factories, particularly JCI and Astec Mobile Screens, have been focusing on for the better part of a decade. Person- ally, I view the shortage as more of a regional issue, since some areas seem to have to focus on manufactured sand more than others. In order to be success- ful, it takes much more than equipment; operational and application expertise is necessary for ensuring a customer's success. Through our R&D depart- ments, we have developed screens, like the Combo and Multi-frequency screens, that can help our customers successfully make manufactured sand. CISZCZON: My understanding is that there is a severe shortage of sand worldwide. I don't believe it to be the case in the United States though agree there might be shortages in certain geo- graphical areas. ROY: We observe that sand, especially frac sand, is in high demand, which one might expect to drive prices upward. However, changes in hydraulic frac- turing technology have made the local brown sands in West Texas sufficient for the wells in the Permian Basin (the sedimentary basin located in western Texas and southeastern New Mexico). It's easier to mine from there and it does not require being shipped across the country, as with the white sands of the upper Midwest. More than 20 mines opened this year in West Texas. Because of improved technology and logistics, costs are also much lower than few years ago. The industrial minerals seg- ment is very important to Volvo CE, and we are very closely aligned to it with our product portfolio and through key long- term relationships with stakeholders. KRAUSE: We have not seen any short- age of sand, but what we have seen is a ramp up of sand production with many sites adding to existing production as well as many new plants being erected STOCKPILE www.kpijci.com

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