Emerging Positives. Steps taken by interim CEO Shanfelter are positively impacting operations. The Marine segment posted improved sequential margins, while the Concrete segment actually posted positive results for the month of June, a significant turnaround. If sustainable, the improvements will provide a solid base from which the new management team can grow.Real Estate. Management provided an update on planned real estate sales. Port Lavaca is now estimated to bring in about $17.5 million, with the inclusion of an additional parcel. The contract for East-West has expired and management is aggressively pursuing a multi-pronged approach to market the property. At a minimum, this property should generate $30 million of proceeds, and maybe substantially higher. Read More >>