Rock of Ages owner buys famous French limestone quarries

first_imgRock of Ages Corporation,Vermont Business Magazine The parent company of Barre’s Rock of Ages, Polycor Inc of Quebec, announced today the acquisition of four famous limestone quarries located in Burgundy, France, previously belonging to Rocamat. The French quarries have been used for centuries to build landmarks across Europe. Vermont-based Swenson Granite and Rock of Ages are part of the Polycor family of brands. As a result of this acquisition, local Rock of Ages customers will now have access to this heritage French limestone along with the American granites.France is currently sourcing stone from Vermont’s quarries for its restoration projects. Notably, La Grande Arche de la Défense (in Puteaux, west of Paris) designed by Johann Otto von Spreckelsen, has been restored with Vermont’s Bethel White Granite. The Bethel white is taking the place of Italian marble. Bethel white also was chosen for the 74-story home of the Abu Dhabi National Oil Company in the United Arab Emirates.The Grand Arch was built to celebrate the bicentennial of the French Revolution (July 14, 1789, storming of the Bastille). The concrete, granite, marble and glass arch is also an office building with 35 floors of office space. The massive structure is large enough to fit the Notre-Dame Cathedral inside its 348-foot span and 361-foot high rooftop terrace. Courtesy Jennifer Smiga (Marketing).Polycor is known for its vast portfolio of stones, many of which are the building blocks of the US’ cherished heritage sites such as the Washington Monument benches, New York City’s Saint Patrick’s Cathedral and Union Station.The acquisition of these French limestone quarries allows Polycor to further diversify its offering, now including the well-known Massangis stone. For centuries, this limestone has been used to build some of the most important structures in France, including the Louvre Museum, the Louis Vuitton Foundation and the base of the Eiffel Tower.Here in the US, this iconic limestone clads the exterior of the modernist Katzen Arts Center at American University (link is external)in Washington, DC.This acquisition furthers Polycor’s global presence as the company aims to expand its scope of activities and line of products from one continent to another. Thanks to Polycor’s existing sales infrastructure, US and world clients alike will now be able to purchase this iconic French limestone in a variety of shapes and sizes for residential and commercial projects: slabs, tiles, blocks and custom made projects.Polycor plans to invest equipment and infrastructure updates, as well as return 18 employees back to their original activities at the French quarries, now under Polycor’s leadership. SEE RELATED STORY HERE(link is external)About Polycor Inc.Founded in 1987 in Quebec City, Canada, Polycor Inc. is a leader in the natural stone industry in North America. The company’s growth through acquisitions, including U.S. based Rock of Ages and Swenson Granite in September 2016, demonstrates its position as a leader. Polycor Inc. employs nearly 900 people and owns over 30 quarries and 15 manufacturing plants across Canada, the United States and now, France. For more information, please visit our website: polycor.com/incSource: Quebec, July 9, 2018 – Polycor Inclast_img read more

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Timeline Set for CINGSA Debate

first_imgFacebookTwitterEmailPrintFriendly分享The Regulatory Commission of Alaska has set a timeline to decide the fate of 14.5 billion cubic feet of natural gas found underground in Kenai. The parties have until May 26th to exchange information on CINGSA’s request to keep the profits from the gas. The state will file a response June 5th, at which time CINGSA and members of the public will again have another chance to comment. A pre-hearing conference is scheduled for August 14th, 2015. Hobson: “Much like if a building owner that found a bag of gold in the basement, the profit from selling that would stay with the owner of that building.” But the State argues the $30 million asset should benefit ratepayers. Steven DeVries with the Attorney General’s Office referenced previous cases where the RCA decided that unexpected benefits from utility sales should go to ratepayers… CINGSA’s Lindsay Hobson says the reservoir and its contents belong to the stakeholders who purchased the asset from Marathon Oil in 2011…. DeVries: “There’s significant sums that are involved and if the evidence shows that it’s appropriate that ratepayers share in that gain, then they should not be shut out from that gain by the Commission acting without any opportunity to consider alternatives that would be supported by the facts that we pointed out in our filing.” Since the reservoir was thought to be empty at the time of sale, the ownership of the gas wasn’t clearly defined.last_img read more

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What Will It Be? $1,600 Or $3,000 Permanent Fund Dividend

first_imgThe House majority has called a $1,605 dividend a “compromise” figure between a $3,000 dividend and accepting some of the governor’s vetoes. The governor has remained firm that the state pay a dividend that aligns with a statutory formula, or about $3,000. The House on Monday will hold a third and final vote on legislation funding the capital budget. The vote on Senate Bill 2002 is scheduled to occur two days before a key July 31 deadline. Members of the House minority again pushed for a full $3,000 dividend through an amendment to the bill. The amendment vote failed on Thursday along caucus lines 10-20. Governor Dunleavy: “It’s difficult for me to negotiate on the law and the constitution, and that seems to be a part of the law. I think it’s important for Alaskans that their lawmakers follow the law and the constitution.”  FacebookTwitterEmailPrintFriendly分享The House approved a $1,605 Permanent Fund dividend on Friday, now House Bill 2003 will go to the Senate. The House voted 22-12 for a dividend almost half of what Governor Mike Dunleavy has proposed.last_img read more

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