• Jul. 18, 2016, 5:53 PM
    • U.S. Silica (NYSE:SLCA) agrees to acquire the NBR Sand regional frac sand unit of privately held New Birmingham Inc. for ~$210M.
    • SLCA says the Tyler, Tex., business operates a single sand mine and plant that has the capacity to produce ~2M tons/year of fine-grade frac sand.
    • SLCA expects the acquisition to generate EPS accretion of $0.20-$0.30 in 2017.
    Jul. 18, 2016, 5:53 PM | 2 Comments
  • Jul. 16, 2014, 5:59 PM
    • U.S. Silica (NYSE:SLCA) +3.1% AH after agreeing to acquire regional frac sand producer Cadre Services for $98M.
    • Cadre operates a single frac sand mine and plant, with recently expanded annual capacity of ~800K tons/year; SLCA says the mine has more than 65 years of high-quality reserves.
    • SLCA expects the deal to be accretive to adjusted EPS by $0.11-$0.13 in 2015.
    Jul. 16, 2014, 5:59 PM | 6 Comments