U.S. Silica Gains Approval for Development of New Mine and Plant Near Fairchild, Wisconsin
FREDERICK, Md., June 30, 2014 /PRNewswire/ -- U.S. Silica Holdings, Inc. (SLCA) today announced that it has received approval from the Town of Fairchild, WI to begin development of a new, three million ton-per-year frac sand mine and plant. The proposed state-of-the-art facility, which will be served by the Union Pacific Railroad, is anticipated to become operational by the fourth quarter of 2015.
Bryan Shinn, president and chief executive officer of U.S. Silica said, "We had tremendous input from the community in helping develop a project that will meet the high environmental and compliance standards we set for ourselves as a Company." Added Shinn: "This is an important step in our plan to bring on additional new capacity to meet customers' rapidly growing needs for high quality, Northern White frac sand in all of the major shale basins in the U.S."
About U.S. Silica
U.S. Silica Holdings, Inc., a member of the Russell 2000, is one of the largest domestic producers of commercial silica, a specialized mineral that is a critical input into the oil and gas proppants end market. The company also processes ground and unground silica sand for a variety of industrial and specialty products end markets such as glass, fiberglass, foundry molds, municipal filtration and recreational uses. During its 100-plus year history, U.S. Silica Holdings, Inc. has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 250 products to customers across these end markets. U.S. Silica Holdings, Inc. is headquartered in Frederick, Md.
Media Inquiries: Alison Holder
Manager of Corporate Communications
301-682-0326
holder@ussilica.com
Investor Relations Inquiries: Mike Lawson
Director of Investor Relations and Corporate Communications
301-682-0304
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lawsonm@ussilica.com
About U.S. Silica
U.S. Silica Holdings, Inc. is a performance materials company and is a member of the Russell 2000 Index. The Company is a leading producer of commercial silica used in a wide range of industrial applications and in the oil and gas industry. Over its 119-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 1,500 diversified products to customers across our end markets. U.S. Silica's wholly-owned subsidiaries include EP Minerals and SandBox Logistics™. EP Minerals is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. SandBox Logistics™ is a state-of-the-art leader in proppant storage, handling and well-site delivery, dedicated to making proppant logistics cleaner, safer and more efficient. The Company currently operates 27 mines and production facilities. The Company is headquartered in Katy, Texas and has offices in Frederick, Maryland, Reno, Nevada and Chicago, Illinois.