Building material

BRKZ Secures $8M in Series A Funding to Revolutionize the Building Materials Sector in MENA

Retrieved on: 
Wednesday, March 6, 2024

New Funds to help BRKZ establish as a One-Stop-Shop for the construction sector and expand its footprint across Saudi Arabia and the MENA region

Key Points: 
  • Riyadh, Saudi Arabia--(Newsfile Corp. - March 6, 2024) - BRKZ, a trailblazing construction tech startup, has successfully secured $8 million in Series A funding to revolutionize the building materials sector across Saudi Arabia and the broader Middle East and North Africa (MENA) region.
  • This significant financial boost is set to position BRKZ as a comprehensive one-stop-shop for the construction industry, facilitating a major expansion of its operations within the sector.
  • Ibrahim Manna, Founder of BRKZ, commented: "The investment underscores BRKZ's commitment to digitizing buying and selling building materials, promoting transparency, and fostering efficient contractor financing.
  • Thus, contributing to the growth and efficiency of the construction sector in the Kingdom of Saudi Arabia and the MENA region.

Doman Building Materials Reports 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

VANCOUVER, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX:DBM) announced today its fourth quarter and full year 2023 financial results(1) for the period ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX:DBM) announced today its fourth quarter and full year 2023 financial results(1) for the period ended December 31, 2023.
  • The decrease was largely due to the impact of lower construction materials pricing, which resulted in lower average pricing for lumber, plywood and OSB during the current year.
  • The Company is pleased that while it experienced lower average pricing, this was partially offset by increased unit volumes during 2023.
  • The Company declared a total of $0.56 per share(3) in dividends in 2023, which was unchanged compared to 2022.

SOLAMENT™ Unveils at SXSW, Showcasing Revolutionary Solar-Smart Material Prototypes

Retrieved on: 
Thursday, March 7, 2024

With its ability to absorb near-infrared rays from sunlight, SOLAMENT™ boasts applications in apparel, construction materials, automotive, agriculture, and more.

Key Points: 
  • With its ability to absorb near-infrared rays from sunlight, SOLAMENT™ boasts applications in apparel, construction materials, automotive, agriculture, and more.
  • Alongside the acclaimed "DOWN-LESS DOWN JACKET," a range of sustainable next-generation apparel prototypes will be showcased, demonstrating the versatility and efficacy of SOLAMENT™ across various products.
  • Derived from the words "Solar" and "Element," SOLAMENT™ embodies its function as a material optimized for performance under the sky.
  • Formerly known as CWO®, SOLAMENT™ has already made significant contributions to products such as automotive glass materials and NIR-absorbing clothing.

Dorian Bailey Joins Locus Technologies to Lead Alliances and Customer Success

Retrieved on: 
Tuesday, March 5, 2024

Commenting on Bailey's appointment, Locus Technologies CEO Neno Duplan stated, "We are thrilled to welcome Dorian Bailey to our team.

Key Points: 
  • Commenting on Bailey's appointment, Locus Technologies CEO Neno Duplan stated, "We are thrilled to welcome Dorian Bailey to our team.
  • With Dorian leading our alliances and customer success efforts, we are poised to drive greater value for our clients and partners."
  • Dorian Bailey expressed her excitement about joining Locus, stating, "I am honored to join Locus Technologies, a true leader in environmental and sustainability software solutions.
  • With Dorian Bailey at the helm of alliances and customer success, Locus Technologies reaffirms its dedication to delivering cutting-edge solutions that drive positive environmental outcomes and regulatory compliance for organizations worldwide.

TerraSafe Materials and Penn State Announce Licensing Agreement to Commercialize Breakthrough Material Technologies

Retrieved on: 
Tuesday, February 27, 2024

TerraSafe is launching its first rural Research & Development facility at the Penn State Innovation Park, where the Company plans to run analytic testing for new material technologies in development.

Key Points: 
  • TerraSafe is launching its first rural Research & Development facility at the Penn State Innovation Park, where the Company plans to run analytic testing for new material technologies in development.
  • TerraSafe is leveraging intellectual property created by researchers at the Pennsylvania State University (“PSU”) in the biomaterials space.
  • “The support that this ecosystem can bring to startups like TerraSafe is why we located our first R&D center in State College.
  • The collaboration between TerraSafe and Penn State marks a major milestone of its core mission to build and grow companies throughout the rural United States.

Greystone Housing Impact Investors Reports Fourth Quarter and Annual 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

OMAHA, Neb., Feb. 22, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months and year ended December 31, 2023.

Key Points: 
  • OMAHA, Neb., Feb. 22, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Greystone Housing Impact Investors LP (NYSE: GHI) (the “Partnership”) announced financial results for the three months and year ended December 31, 2023.
  • The distribution was paid on January 31, 2024, to BUC holders of record as of the close of trading on December 29, 2023.
  • “Our positive results for 2023 demonstrate continued strong returns from our investments.
  • The Partnership will host a conference call for investors on Thursday, February 22, 2024 at 4:30 p.m. Eastern Time to discuss the Partnership’s Fourth Quarter 2023 results.

B2Gold Reports Strong Q4 and Full Year 2023 Results; Achieved 2023 Total Gold Production and Consolidated Cost Guidance; Q1 2024 Dividend of US$0.04 per Share Declared

Retrieved on: 
Wednesday, February 21, 2024

In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.

Key Points: 
  • In the fourth quarter of 2023, the Otjikoto Mine produced a quarterly record of 81,111 ounces of gold.
  • For the fourth quarter of 2023, the Otjikoto Mine's cash operating costs were $451 per gold ounce produced ($503 per ounce gold sold).
  • All-in sustaining costs for the Otjikoto Mine for the fourth quarter of 2023 were $816 per gold ounce sold.
  • Gold production at Otjikoto is expected to be relatively consistent throughout 2024.

Kenya Construction Industry Report 2023: Local and international Factors, Competitive Environment, Industry Associations, Market Dynamics - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 6, 2024

The "The Construction Industry in Kenya 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Construction Industry in Kenya 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report on the construction industry in Kenya includes comprehensive information on the state and size of the industry, numbers of contactors and registered projects, infrastructure and road development, housing and renewable energy projects.
  • There is information on notable players, labour and wages, environmental issues and input costs and bank loans and government spending on construction.
  • The South African company is registered with the Engineers' Board of Kenya in civil and electrical engineering and specialises in installing transport technology.

Innovative Construction Payments Software Handle.com Secure Investments from Amex Ventures, Suffolk Technologies

Retrieved on: 
Wednesday, March 6, 2024

Handle.com, a leading provider of construction payment and credit solutions, is thrilled to announce investments from different investors: Amex Ventures, along with Suffolk Technologies, the venture capital arm of Suffolk Construction.

Key Points: 
  • Handle.com, a leading provider of construction payment and credit solutions, is thrilled to announce investments from different investors: Amex Ventures, along with Suffolk Technologies, the venture capital arm of Suffolk Construction.
  • These investments highlight Handle’s continuous growth and its impact on the digital transformation of finance organizations across the construction value chain.
  • View the full release here: https://www.businesswire.com/news/home/20240306330812/en/
    Handle.com, a leading provider of construction payment and credit solutions, is thrilled to announce investments from different investors: Amex Ventures, along with Suffolk Technologies, the venture capital arm of Suffolk Construction.
  • "These investments from Amex Ventures and Suffolk Technologies represent a significant milestone in our journey to reshape construction payments,” said Patrick Hogan, CEO of Handle.

GrayBull Club Saved from Wildfire, $100,000 Fundraiser Kickstarted to Support Local Volunteer Fire Department

Retrieved on: 
Tuesday, March 5, 2024

The fire made its way toward GrayBull Club, a Dormie Network property in Maxwell, Nebraska, within two hours and has since burned over 71,000 acres.

Key Points: 
  • The fire made its way toward GrayBull Club, a Dormie Network property in Maxwell, Nebraska, within two hours and has since burned over 71,000 acres.
  • Fast-acting team members were able to leverage innovative irrigation and mobile water trucks to control the fire and save the soon-to-be-complete club.
  • A fundraiser has been kickstarted to support the local volunteer fire department to fight future wildfires in the region.
  • (Photo: Business Wire)
    In the midst of the wildfire threat at GrayBull Club, the property's unique underground decoder-based irrigation system played a crucial role in safeguarding the club.