April 11, 2021 archive

Compass Minerals Enters Into a Definitive Agreement to Sell North America Micronutrient Assets

  A correction to last week’s story about Overland Park, Kansas-based Compass Minerals and its sale of some assets to Koch Agronomic Services LLC. The sale did not include salt mines owned by Compass Minerals but rather its micronutrient assets to Koch in a $60.25 million agreement. Compass considered the sale another strategic step to …

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New Mexico’s first billionaire is solar array developer

  A man who moved to New Mexico and developed a solar-array manufacturing business is listed as a billionaire on Forbes’ annual list of the richest people in the world. The Las Cruces Sun reported Ron Corio, 59 is listed as No. 2,524 and is New Mexico’s first billionaire with a net worth of $1.1 …

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Federal Reserve bank reports energy activity continued to increase moderately

  Oil and gas drilling in the region covered by the Federal Reserve Bank of Kansas City showed a moderate increase according to the bank’s latest Energy Survey. Chad Wilkerson, vice president and economist at the Bank said the survey showed activity had moved higher than year-ago levels for the first time since March 2019 …

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Oklahoma regulators to convene

  Oklahoma Corporation Commissioners will hold a regular meeting on Tuesday. The 24-hour signing agenda includes the application of Public Service Company of Oklahoma for regulatory treatment of it increases extreme winter weather storm costs. PSO also has an application for authority to issue $2 billion in senior unsecured notes to assist in its handling …

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