AECOM

Shimmick Corporation Announces Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Thursday, March 28, 2024
COVID, Interest, Growth, Sale, Line of credit, Water, AECOM

Gross margin recognized on these Legacy Loss Projects was ($14) million and ($23) million for the fiscal years ended December 29, 2023 and December 30, 2022, respectively.

Key Points: 
  • Gross margin recognized on these Legacy Loss Projects was ($14) million and ($23) million for the fiscal years ended December 29, 2023 and December 30, 2022, respectively.
  • Other expense, net was $3 million for the fiscal year ended December 29, 2023, compared to $9 million in the year ended December 30, 2022.
  • Adjusted diluted earnings per common share was $0.48 for the fiscal year ended December 29, 2023.
  • Backlog for the fiscal year ended was $1.1 billion as of December 29, 2023.

Automated Bus Consortium issues new request for solutions (RFS) to procure highly automated transit buses

Retrieved on: 
Wednesday, April 3, 2024
Construction & Property, Natural Resources, Defense, Environment, Engineering, Trucking, Urban Planning, Rail, Maritime, Logistics, Supply Chain Management, Landscape, Air, Manufacturing, Transport, Architecture, Other Energy, Utilities, Oil, Gas, Coal, Contracts, Alternative Energy, Energy, Public Transport, Sustainability, Building Systems, Mining, Minerals, Nuclear, Automation, ABC, RFS, Trinity Metro, RATP Group, Dallas Area Rapid Transit, Capital Area Transportation Authority, Consortium, Michigan State University, NJ TRANSIT, Metropolitan Transit Authority, AECOM, Public Transport Corporation, Rail transport

The Automated Bus Consortium™, a collective of U.S. transit agencies and several state departments of transportation, has released a new request for solutions (RFS) to procure heavy-duty highly automated transit buses.

Key Points: 
  • The Automated Bus Consortium™, a collective of U.S. transit agencies and several state departments of transportation, has released a new request for solutions (RFS) to procure heavy-duty highly automated transit buses.
  • “We have made great strides in further advancing the automated transit industry through our previous request for solutions,” said Jean Ruestman, administrator of the Office of Passenger Transportation at the Michigan Department of Transportation.
  • Pilot routes for these vehicles would include rural and urban deployments, bus rapid transit, bus yard and local bus service.
  • Formed by AECOM, the Automated Bus Consortium is a first-of-its-kind approach to cooperatively investigate the feasibility of automated bus projects and accelerate the deployment of automated transit technologies.

DEXSORB® APPROVED TO TREAT PFAS IN MASSACHUSETTS

Retrieved on: 
Thursday, March 14, 2024
RCRA, Environmental protection, Cyclodextrin, Attention, PFNA, PFAS, PFOS, Environment, Bartlett, City, Cancer, PFOA, Groundwater, Carbon, MMCL, Drinking, NSF, EPA, Water, Immune system, Safety, AECOM, DWP, Perfluorohexanesulfonic acid, Drinking water, Cosmetics

In October 2020, MassDEP established the Massachusetts Maximum Contaminant Level (MMCL), a PFAS public drinking water standard, at 20 parts per trillion (ppt) for the sum of concentrations of six PFAS chemicals: PFOS, PFOA, PFHxS, PFNA, PFHpA, and PFDA.

Key Points: 
  • In October 2020, MassDEP established the Massachusetts Maximum Contaminant Level (MMCL), a PFAS public drinking water standard, at 20 parts per trillion (ppt) for the sum of concentrations of six PFAS chemicals: PFOS, PFOA, PFHxS, PFNA, PFHpA, and PFDA.
  • Made with renewable cyclodextrins, the media features 0.78 nanometer adsorbent cups with molecular selectivity for PFAS.
  • The media is certified to NSF/ANSI/CAN 61 standards, validating its safety for use to treat public drinking water.
  • The ability to regenerate DEXSORB and isolate PFAS waste in concentrated form makes it highly compatible with destruction technologies."

Argentina Data Center Market Report 2024: $296 Million Investment Opportunities to 2028 - Focus on IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards - ResearchAndMarkets.com

Retrieved on: 
Friday, March 1, 2024
Technology, Commercial Building & Real Estate, Construction & Property, Data Management, Knowledge, Lumen Technologies, Fluor Corporation, USD, Investment, Telecom Argentina, Arista Networks, ABB, Government, NetApp, City, Electricity, Cisco, AECOM, Environment, AWS

The "Argentina Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Argentina Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Argentina data center market size will witness investments of USD 296 million by 2028 from $173 million in 2023, growing at a CAGR of 9.36% during 2023-2028
    This report analyses the Argentina data center market share.
  • The Argentina data center market has a presence of several global support infrastructure providers such as Caterpillar, Eaton, Cummins, ABB, Legrand, and others.
  • Some key investors in the Argentina data center market are Lumen Technologies, Telecom Argentina, Nabiax, and EdgeConnex in 2023.

Argentina Data Center Market Investment Analysis & Growth Opportunities Report 2023-2028 Featuring Key DC Investors - Lumen Technologies, Telecom Argentina, Nabiax, Claro, and EdgeConneX

Retrieved on: 
Thursday, February 29, 2024
Knowledge, Lumen Technologies, Fluor Corporation, USD, Investment, Telecom Argentina, Arista Networks, ABB, Government, NetApp, City, Electricity, Cisco, AECOM, Environment, AWS

DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "Argentina Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "Argentina Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Argentina data center market size will witness investments of USD 296 million by 2028 from $173 million in 2023, growing at a CAGR of 9.36% during 2023-2028
    This report analyses the Argentina data center market share.
  • Some key investors in the Argentina data center market are Lumen Technologies, Telecom Argentina, Nabiax, and EdgeConnex in 2023.
  • A detailed study of the existing Argentina data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.

Exodigo Closes $105 Million Series A to Lead Underground Mapping Revolution

Retrieved on: 
Tuesday, February 27, 2024
PALO, HS2, Algorithm, Artificial intelligence, National Grid, TEL, Transport, Colas Rail, Growth, PG&E, VINCI, Entrepreneurship, Israel Electric Corporation, HNTB, Physics, 2022 Cardiff Council election, CO2, CGA, Cloud computing, AECOM, Environment, Software, Tunnel

TEL AVIV, Israel and PALO ALTO, Calif., Feb. 27, 2024 /PRNewswire/ -- Exodigo, the artificial intelligence (AI) innovator modernizing underground mapping, today announced the close of a $105 million Series A round, converting $30 million previously secured in SAFEs, for a total of $118 million in funding since its launch in 2022. Greenfield Partners and existing investor Zeev Ventures co-led the Series A with participation from existing investors SquarePeg, 10D VC, JIBE and National Grid Partners. Exodigo continues to lead a complete reinvention of underground mapping and plans to use the new capital to further build out its global team, accelerate the development of a self-service product line, and support its expansion into new markets.

Key Points: 
  • Greenfield Partners and existing investor Zeev Ventures co-led the Series A with participation from existing investors SquarePeg, 10D VC, JIBE and National Grid Partners.
  • Exodigo continues to lead a complete reinvention of underground mapping and plans to use the new capital to further build out its global team, accelerate the development of a self-service product line, and support its expansion into new markets.
  • Meanwhile, the built environment constitutes almost half of annual global CO2 emissions, making solving the underground both an economic and environmental priority.
  • "Exodigo has taken the underground mapping market by storm and established its platform as the gold standard in comprehensive underground intelligence in just two short years.

Jennifer Aument Appointed Chief Executive Officer of The New Terminal One at JFK International Airport

Retrieved on: 
Monday, February 26, 2024
Cornell University, Air travel, Ferrovial, Transport, Project Labor Agreement, Gensler, Port authority, Transurban, Port, Tishman, JFK, Workforce, AECOM, Partnership

QUEENS, N.Y., Feb. 26, 2024 /PRNewswire/ -- The New Terminal One at New York John F. Kennedy International Airport today announced Jennifer Aument as its incoming CEO, set to assume the role on April 1, 2024. The New Terminal One is currently under construction with its first gates scheduled to open in 2026, in partnership with the Port Authority of New York & New Jersey, as part of the agency's $19 billion transformation of JFK Airport.

Key Points: 
  • Aument brings over 25 years of experience in developing major infrastructure across the highway, rail, airport, and port sectors.
  • Her career includes executive roles in public-private partnerships and megaprojects, with a focus on safe and efficient project delivery, business performance, community engagement and customer experience.
  • As the President and CEO of Transurban's North American business for many years, she led the development and expansion of significant public-private infrastructure projects.
  • Dr. Bushell led The New Terminal One to lease and financial close amidst a global pandemic that disrupted air travel.

Minority Business Development Institute (MBDI) Celebrates Industry Pillars, and Support for Diverse Businesses at Inaugural Gala, and Announces 2024 Plans

Retrieved on: 
Tuesday, February 20, 2024
CRA, Parity, Senior, Woman, Traveler, Education, SVP, MBDI, DASNY, Diversity, NYPA, Gala, History, MWBE, Organization, Leanne, Flagstar Bank, TCG, Community service, AECOM, Community, Insurance, Watt, Management

Highlights of the inaugural event included MBDI recognizing 42 MWBE and SDVOB business owners, to whom MBDI awarded full tuition scholarships for an advanced leadership development program sponsored by The Travelers.

Key Points: 
  • Highlights of the inaugural event included MBDI recognizing 42 MWBE and SDVOB business owners, to whom MBDI awarded full tuition scholarships for an advanced leadership development program sponsored by The Travelers.
  • We could not have grown to deliver millions in scope safely and successfully within our first 2 years of starting without the support of MBDI."
  • Banks may now accrue "Community Service" by donating to non-profits like MBDI that "provide technical assistance to qualifying small businesses."
  • "This grant paired with MBDI's program embodies advancement, parity and opportunity to help entrepreneurs in skilled trades grow their business."

AECOM reports first quarter fiscal 2024 results

Retrieved on: 
Monday, February 5, 2024
Consulting, Residential Building & Real Estate, Commercial Building & Real Estate, Urban Planning, Construction & Property, Professional Services, Other Transport, Building Systems, Transport, Logistics, Supply Chain Management, Other Construction & Property, EPS, Policy, Growth, GAAP, International, Program management, Public expenditure, AECOM, Investment, NSR, Water, Depreciation, Culture, Interest, Bank statement, Webcast, Professional services, Share repurchase, Renewable energy

Including share repurchases executed through March 2024, the Company has repurchased $1.8 billion of stock since the program commenced in September 2020.

Key Points: 
  • Including share repurchases executed through March 2024, the Company has repurchased $1.8 billion of stock since the program commenced in September 2020.
  • Building on a strong first quarter and positive momentum across the Company’s end markets, AECOM reiterated its financial guidance for fiscal 2024, which includes expectations for strong organic NSR2 growth, a record segment adjusted1 operating margin3, and double-digit adjusted1 earnings per share growth.
  • Adjusted1 EBITDA4 of between $1,065 million and $1,105 million, representing a 13% increase at the mid-point over fiscal 2023.
  • The Company expects to deliver a return on invested capital7 (ROIC) of approximately 20% in fiscal 2024.

Endurant Energy Completes Geothermal System Installation for 555 Greenwich Street, A Milestone in NYC’s Sustainability Landscape

Retrieved on: 
Thursday, February 1, 2024
Alternative Energy, Energy, Environment, Other Energy, Sustainability, NYS, Norges Bank, Heart, Trinity Church (Manhattan), Temperature, Carbon, Atmosphere, AECOM, Tishman, Climate, Platinum, LEED, Heat, Engineering, Renewable energy

Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.

Key Points: 
  • Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.
  • "That's why we entrusted the implementation of this critical technology to Endurant, whose successful execution of the geothermal program has put 555 Greenwich at the forefront of sustainable development in commercial real estate."
  • The system is currently operational, and 555 Greenwich is expected to receive LEED platinum certification—joining only 10 projects awarded that status in New York State.
  • “Out of the many geothermal projects we’ve completed over the last 20 years, the 555 Greenwich energy foundations project is one of the most special,” said Tony Amis, Endurant’s Senior Vice President, Geothermal.