Alliance Resource Partners LP (ARLP) announced that its wholly owned subsidiary, CR Services, LLC, has entered into a Master Supply and Services Agreement with Saminco Solutions LLC. Under the terms of the agreement, CR Services has the right, but not the obligation, to purchase various equipment, parts, and services from Saminco Solutions LLC. The agreement has an initial term of five years and will automatically renew for successive one-year periods unless terminated by either party with appropriate notice. The transaction was approved by ARLP's Conflicts Committee consisting solely of independent directors. The agreement also includes customary terms regarding warranty, liability, and termination. Saminco Solutions LLC is affiliated with Joseph W. Craft III, the Chief Executive Officer, President, and Chairman of the Board of ARLP's managing general partner.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARLP - Alliance Resource Partners LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-098774), on October 10, 2025, and is solely responsible for the information contained therein.
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