U.S. Silica Holdings, Inc. (NYSE:SLCA) signed a non-binding Letter of Intent to acquire Millen, Georgia manufacturing facility from CARBO Ceramics Inc. (NYSE:CRR) for $26 million on October 25, 2018. The transaction is expected to close before end of 2018. CARBO Ceramics expects $21 million in proceeds from the plant sale that will be used to pay down the debt.

U.S. Silica Holdings, Inc. (NYSE:SLCA) completed the acquisition of Millen, Georgia manufacturing facility from CARBO Ceramics Inc. (NYSE:CRR) for $23 million on January 7, 2019.