Eastern Canada

Canadian Dealer Expands and Acquires Utility Trailers of New England

Retrieved on: 
Tuesday, March 5, 2024
Trucking, Automotive Manufacturing, Transport, Logistics, Supply Chain Management, Manufacturing, Other Manufacturing, Acquisition, Utility Trailer Manufacturing Company, Utility trailer, Sale, Eastern Canada

Utility Trailer Manufacturing Company, LLC is pleased to announce that Valley Equipment Ltd has acquired Utility Trailers of New England, LLC.

Key Points: 
  • Utility Trailer Manufacturing Company, LLC is pleased to announce that Valley Equipment Ltd has acquired Utility Trailers of New England, LLC.
  • Valley Equipment Ltd has been servicing eastern Canada as a full-service Utility dealer for over 30 years.
  • Steve Bennett, President & COO of Utility Trailer, stated, “Jon Comeford and his team have done a tremendous job as our dealer for New England.
  • We congratulate the successful sale of his business, and look forward to the new chapter of ownership for Utility Trailers of New England.

Lafarge Canada completes full transition to greener cement in St-Constant Plant

Retrieved on: 
Thursday, February 15, 2024
Building Systems, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Green Technology, Energy, Sustainability, Manufacturing, Other Natural Resources, Environment, Environmental Health, Natural Resources, Other Manufacturing, Other Energy, Architecture, Other Construction & Property, Lafarge, Construction, Lafarge (company), Built environment, Carbon, Organization, CO2, Eastern Canada, Renewable energy

The transition to OneCem production at our St-Constant plant indicates Lafarge Canada's nonstop commitment to driving positive change within our construction industry.

Key Points: 
  • The transition to OneCem production at our St-Constant plant indicates Lafarge Canada's nonstop commitment to driving positive change within our construction industry.
  • Our teams have been engaged in reducing our products’ environmental impact by embracing greener practices and materials," expressed David Redfern, president & CEO of Lafarge Canada (East).
  • By converting the St-Constant Plant's production to OneCem, Lafarge Canada projects a reduction of about 60,000 tonnes of CO2 emissions in 2024.
  • The St-Constant plant has been at the forefront of driving sustainability and innovation in cement production in Quebec for many years.

Sandhills Global Introduces Currency Equipment Financing Solution for Canadian Brands MarketBook, CraneTrader, and ForestryTrader

Retrieved on: 
Thursday, February 1, 2024
Sandhills Global, AG, Transport, Marketing, Forestry, Sale, Eastern Canada, Currency, Cryptocurrency

LINCOLN, Neb., Feb. 1, 2024 /PRNewswire/ -- Sandhills Global today announces the introduction of the Currency financing solution to buyers and sellers using Sandhills marketplaces in Canada.

Key Points: 
  • LINCOLN, Neb., Feb. 1, 2024 /PRNewswire/ -- Sandhills Global today announces the introduction of the Currency financing solution to buyers and sellers using Sandhills marketplaces in Canada.
  • Currency is the financial technology arm of Sandhills, offering secure solutions to facilitate financing for large expenditures.
  • Currency is now available to buyers in Canada through MarketBook.ca , MarketBook.qc.ca , CraneTrader.ca , and ForestryTrader.ca , the Canadian versions of Sandhills' worldwide MarketBook, CraneTrader, and ForestryTrader brands.
  • With the integration of the Currency solution, these sites will also enable equipment, truck, and trailer dealers in Canada to extend financing opportunities to their customers, thereby streamlining sales.

Fengate reaches financial close on 177-megawatt cogeneration facility near Chicago, expanding its energy transition portfolio

Retrieved on: 
Tuesday, December 19, 2023
Partnership, Steam, Fengate, Peterborough, CFO, Acquisition, General Electric, Atlantic Power Corporation, Eastern Canada, LyondellBasell, PJM

HOUSTON, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management (Fengate) is pleased to announce its acquisition of Morris Cogeneration, LLC, a 177-megawatt combined heat and power facility in Morris, Illinois, from Atlantic Power and Utilities.

Key Points: 
  • HOUSTON, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management (Fengate) is pleased to announce its acquisition of Morris Cogeneration, LLC, a 177-megawatt combined heat and power facility in Morris, Illinois, from Atlantic Power and Utilities.
  • The firm acquired ownership of the facility under its strategic operating partnership with energy generation investor and asset manager, Ironclad Energy (Ironclad).
  • The partnership was established in 2022 to acquire and operate cogeneration, district energy and other industrial generation projects across the United States and Canada.
  • The Morris Cogeneration facility began commercial operations in 1998 and uses General Electric (GE) technology, including three combustion turbines and a steam turbine, to produce power and steam on-site for the LyondellBasell Morris Plant petrochemical facility.

O’Reilly Automotive, Inc. to Acquire Groupe Del Vasto, Headquartered in Montreal, Canada

Retrieved on: 
Monday, December 18, 2023
Acquisition, Culture, Eastern Canada, Automotive industry

SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announced that it has entered into a definitive stock purchase agreement with the shareholders of Groupe Del Vasto, headquartered in Montreal, Quebec, Canada, under which O’Reilly will acquire all of the outstanding shares of Groupe Del Vasto and its affiliated entities. The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals. Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”).

Key Points: 
  • The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals.
  • Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”).
  • “We are excited to announce our purchase agreement with Vast-Auto, a highly respected, family-owned and operated auto parts supplier in Canada,” said Greg Johnson, O’Reilly CEO.
  • “Vast-Auto’s seasoned management team, led by Mauro Cifelli, will continue to operate the business,” said Brad Beckham, O’Reilly Co-President.

LAX’s Rent-A-Car facility recognized for sustainability excellence by U.S. Green Business Council–Los Angeles

Retrieved on: 
Tuesday, December 12, 2023
Carbon, Biophysical environment, Carbon footprint, Partnership, Fengate, Peterborough, Los Angeles International Airport, Green building council, LADWP, Electricity, Environment, Eastern Canada, News, Dollar Rent A Car, Investment, LEED, Fit, International airport, LAX, APM, Interim, Gold, LAWA, Airport, Transport, Renewable energy

LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management's (Fengate) Los Angeles International Airport (LAX) Consolidated Rent-A-Car (ConRAC) facility has been recognized with an Energy and Operational Carbon Design Merit award from the U.S. Green Building Council’s Los Angeles chapter (USGBC-LA).

Key Points: 
  • LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management's (Fengate) Los Angeles International Airport (LAX) Consolidated Rent-A-Car (ConRAC) facility has been recognized with an Energy and Operational Carbon Design Merit award from the U.S. Green Building Council’s Los Angeles chapter (USGBC-LA).
  • Together, they have positively impacted the local community by operating sustainably and balancing economic, social and environmental responsibilities.
  • To date, the project has created more than 5,000 jobs and $200 million in wages for the local workforce.
  • “The U.S. Green Building Council is a global leader in sustainable building design, consistently setting the bar for best practices.

Fengate-led consortium achieves major construction milestone on the Clackamas County Courthouse Replacement Project

Retrieved on: 
Monday, December 11, 2023
Partnership, Fengate, Peterborough, Clackamas County Courthouse, Eastern Canada, CPP, Construction

PORTLAND, Ore., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Clackamas Progress Partners (CPP) has reached the highest point in construction on the Clackamas County Courthouse Replacement Project, topping off the structure on-schedule.

Key Points: 
  • PORTLAND, Ore., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Clackamas Progress Partners (CPP) has reached the highest point in construction on the Clackamas County Courthouse Replacement Project, topping off the structure on-schedule.
  • CPP, the Fengate Asset Management-led (Fengate) consortium, was contracted in 2022 to design, build, finance, operate and maintain the new 257,000 square foot courthouse in Clackamas County, Oregon, under a public-private partnership (P3).
  • “This on-schedule milestone achievement is a testament to the success of the P3 model to drive collaboration and efficiency to meet project schedule,” said Karl Schaefer, Clackamas County Courthouse Replacement Project Executive at Fengate.
  • “When complete, the new courthouse will stand as a testament to our shared vision, and we look forward to the continued progress,” said Tootie Smith, Clackamas County Chair.

Fengate expands its portfolio of U.S. wireless communications towers with new acquisition

Retrieved on: 
Monday, December 4, 2023
Telecommunications, Acquisition, Partnership, Fengate, Peterborough, Eastern Canada

HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management (Fengate) is pleased to announce financial close on the acquisition of a significant portfolio of high-quality wireless communications towers in the United States (U.S.) from TowerCom, LLC (TowerCom).

Key Points: 
  • HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Fengate Asset Management (Fengate) is pleased to announce financial close on the acquisition of a significant portfolio of high-quality wireless communications towers in the United States (U.S.) from TowerCom, LLC (TowerCom).
  • The towers, located in 11 states across the U.S., expand Fengate’s communications tower portfolio to more than 200 towers in 15 states, and further the multi-year partnership between Fengate and TowerCom .
  • TowerCom is a leading communications tower developer focused on some of the fastest-growing wireless markets in the U.S.
  • “TowerCom is proud to partner with Fengate to grow its core asset portfolio within the telecommunications infrastructure sector.

3STEP Sports Acquires EDP Soccer, Becoming the Largest Owner-Operator of Youth Soccer Leagues in the United States

Retrieved on: 
Wednesday, December 13, 2023
Soccer, Sports, Other Consumer, Consumer, Teens, Other Sports, General Sports, Eastern Canada, Sport, International, Football, Ecosystem, Association football, EDP, Parent

Founded in 1999, EDP Soccer annually provides 130,000+ youth soccer players ages 5 years through 22 years old the opportunity to play soccer at competitive levels in best-in-class leagues and events, including tournaments, college showcases, and festivals.

Key Points: 
  • Founded in 1999, EDP Soccer annually provides 130,000+ youth soccer players ages 5 years through 22 years old the opportunity to play soccer at competitive levels in best-in-class leagues and events, including tournaments, college showcases, and festivals.
  • Spanning New England, the Mid-Atlantic, Ohio, Florida, and Eastern Canada, EDP Soccer also offers college recruiting and placement services to 70% of youth soccer players who will compete at the collegiate level.
  • “Partnering with 3STEP Soccer will enable EDP Soccer to increase cooperative initiatives with 3STEP Soccer leagues, events and soccer clubs to better serve our players, families, coaches, teams and clubs with superior league play, including complementary events.”
    EDP Soccer joins the New England Club Soccer League, National Academy League, and the Regional Academy League, as a strong coalition of 3STEP owned and operated youth soccer leagues.
  • EDP Soccer will continue to serve youth players and their parents, teams, and clubs in leagues it has established.

Alaska Airlines announces our 30th global airline partner, Porter Airlines

Retrieved on: 
Wednesday, December 13, 2023
E175, Drink, Embraer, Porter Airlines, Love, Embraer E-Jet E2 family, LAX, SkyWest Airlines, Horizon Air, Partnership, Mileage, Plan, Terminal, Alaska Airlines, Travel, Airline, Eastern Canada

SEATTLE, Dec. 13, 2023 /PRNewswire/ -- Alaska Airlines is welcoming a new global airline partner: Porter Airlines, a growing Canadian carrier that begins its inaugural nonstop service between Toronto and both Los Angeles and San Francisco in January. Those flights, along with flights connecting on Alaska across our West Coast network, can be purchased later today at alaskaair.com. Mileage Plan members who buy Porter flights on our website also earn at least 100% of the miles flown and 100% elite-qualifying miles.

Key Points: 
  • Those flights, along with flights connecting on Alaska across our West Coast network, can be purchased later today at alaskaair.com .
  • "Porter Airlines opens new opportunities for our guests to travel to Canada in style," said Brett Catlin, vice president of loyalty, alliances and sales at Alaska Airlines.
  • "Alaska and Porter emphasize service excellence on each and every flight, so this partnership is a natural fit for our passengers."
  • Porter is Alaska's 30th global partner airline.