Kermit, Texas – May 24, 2017 – Hi-Crush Inc. (NYSE: HCR), or Hi-Crush, today announced that it recently donated $10,000 to the Kermit Independent School District to help support the use of technology to aid classroom instruction across the district’s campuses. Hi-Crush is proud to support the Kermit community and enhance the education of its children through the use of technology.
Hi-Crush is currently constructing a state-of-the-art frac sand mining, washing and drying facility roughly 10 miles northeast of Kermit to serve the growing demand for high quality frac sand in the Permian Basin. The Kermit plant will represent the fifth frac sand production facility built by Hi-Crush since its inception in 2011, and its first production facility in Texas.
“Hi-Crush supports a strong community presence at all our sites and encourages our employees to participate in community activities and volunteer work. As part of that support, we focus on helping schools in all the communities where we operate. Our donation to Kermit ISD is an example of that support,” said Tyler Deines, Chief Geologist at Hi-Crush. “As we move toward opening our plant this summer, we will continue to look for ways to support the local community. Along with donations, we are creating 60 to 70 permanent jobs that we hope to fill with local workers looking for a stable work place with good pay and benefits. To support that effort, we will be hosting a job fair on June 1st at the Winkler County Community Center. Our goal is to build a company our employees are proud to work for, and that is a valued part of the communities in which we operate.”
Hi-Crush is an integrated producer, transporter, marketer and distributor of high-quality monocrystalline sand, a specialized mineral that is used as a proppant to enhance the recovery rates of hydrocarbons from oil and natural gas wells. Our reserves, are primarily located in Wisconsin, consisting of “Northern White” raw frac sand, a resource that exists predominately in Wisconsin and limited portions of the upper Midwest region of the United States. In March 2017, we acquired regional raw frac sand reserves located in the Permian Basin and are currently constructing a 3.0 million ton per year production facility. Once completed, we will own and operate 13.4 million tons per year of frac sand production capacity. Our Wisconsin reserves are strategically located with direct access to major U.S. railroads for efficient distribution to in-basin terminals, while our Texas reserves are positioned within close proximity to significant basin activity for advantaged truck transportation. We own and operate a network of strategically located terminals and an integrated distribution system throughout North America, including our PropStreamTM integrated logistics solution, which delivers proppant into the blender at the well site. For more information, visit www.hicrush.com.
About the Kermit Independent School District
Located in Kermit, TX, the Kermit Independent School District serves approximately 1,300 students, and employs nearly 250 employees. The district is fully accredited (PK-12) by the Texas Education Agency, and is home to Kermit Elementary School (PK-4), Kermit Junior High School (5-8) and Kermit High School (9-12). Kermit ISD is classed as a 3A school district for UIL competition, and proudly supports the Kermit Junior High School Daubers and the Kermit High School Yellow Jackets
Kermit Independent School District
601 S. Poplar St.
Kermit, TX 79745
Phone: (432) 586-1000
Fax: (432) 586-1016
Source: Hi-Crush Inc.