Urban Planning

Manitowoc Board of Directors Elects Amy R. Davis and Robert W. Malone as New Directors

Friday, October 15, 2021 - 9:05pm

The Manitowoc Company, Inc. (NYSE: MTW) (the Company or Manitowoc), a leading global manufacturer of cranes and lifting solutions, today announced that Amy R. Davis and Robert W. Malone have been elected to the Companys board of directors effective immediately.

Key Points: 
  • The Manitowoc Company, Inc. (NYSE: MTW) (the Company or Manitowoc), a leading global manufacturer of cranes and lifting solutions, today announced that Amy R. Davis and Robert W. Malone have been elected to the Companys board of directors effective immediately.
  • Additionally, the Company increased the size of the Board of Directors (the Board) from eight members to ten members.
  • Ms. Davis has served as the Vice President and President - New Power Business of Cummins Inc. (Cummins) since July 2020.
  • Mr. Malone has served as the Vice President and President Filtration Group of Parker-Hannifin Corporation (Parker) since December 2014.

BCR Announces Strategic Partnership to Bring Leading Belt Dryer Brand SEVAR to North American Market

Friday, October 15, 2021 - 1:00pm

BCR Inc, a leading provider of proven biosolids and process treatment technology solutions, announced today a strategic partnership with leading Germany-based belt dryer manufacturer SEVAR AG.

Key Points: 
  • BCR Inc, a leading provider of proven biosolids and process treatment technology solutions, announced today a strategic partnership with leading Germany-based belt dryer manufacturer SEVAR AG.
  • The strategic partnership allows BCR to bring a differentiated belt dryer technology to customers throughout North America.
  • For more than 30 years, the SEVAR modular belt dryer plants have been installed through the European and other regional markets around the world.
  • BCR executives will be on-hand at the upcoming WEFTEC show in Chicago for anyone interested in learning more about the SEVAR belt dryer and strategic partnership.

KB Home Announces the Grand Opening of Brookside Preserve, a New-home Community in St. Johns County

Friday, October 15, 2021 - 1:00pm

KB Home (NYSE: KBH) today announced the grand opening of Brookside Preserve, a new, single-family home community in St. Johns, Florida.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Brookside Preserve, a new, single-family home community in St. Johns, Florida.
  • View the full release here: https://www.businesswire.com/news/home/20211015005074/en/
    KB Home announces the grand opening of Brookside Preserve, a new-home community in St. Johns County.
  • Brookside Preserve will offer homesites with wooded and pond views, and future community amenities will include a pool and playground.
  • This tranquil community will offer homesites with wooded and pond views and great amenities, said Todd Holder, President of KB Homes Jacksonville division.

Bowman Consulting Group Ltd. Expands into Louisville, KY Through Acquisition of BTM Engineering, Inc.

Friday, October 15, 2021 - 12:00pm

Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), today announced the acquisition of the assets of BTM Engineering, Inc. (BTM), a diversified professional services firm based in Louisville, Kentucky.

Key Points: 
  • Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), today announced the acquisition of the assets of BTM Engineering, Inc. (BTM), a diversified professional services firm based in Louisville, Kentucky.
  • The acquisition of BTM is an important next step in our growth plan, said Gary Bowman, CEO of Bowman.
  • We are all pleased to be joining Bowman, said Michael Smith, President of BTM.
  • About Bowman Consulting Group Ltd.
    Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering innovative infrastructure solutions to customers who own, develop, and maintain the built environment.

Pony.ai to Start Driverless Tests on Public Roads in Beijing

Friday, October 15, 2021 - 8:00am

Silicon Valley-based leading autonomous driving company Pony.ai, today announced that it has been authorized to conduct driverless tests on public roads in Chinas capital city, Beijing.

Key Points: 
  • Silicon Valley-based leading autonomous driving company Pony.ai, today announced that it has been authorized to conduct driverless tests on public roads in Chinas capital city, Beijing.
  • View the full release here: https://www.businesswire.com/news/home/20211015005137/en/
    Driverless tests on public roads in Beijing (Photo: Business Wire)
    Prior to receiving this driverless test permit in Beijing, Pony.ai received a permit to conduct tests on certain sections of Beijing highways in July 2021.
  • In Beijing, Pony.ai is now authorized to conduct driverless testing in an area of around 20 square kilometers in a pilot zone for autonomous driving vehicles.
  • Pony.ai was the first company to put fully driverless vehicles on public roads in two of the world's most dynamic mobility markets, and today Pony enters its third global driverless city.

 AHF Adds DTLA’s Barclay Hotel to its Affordable Housing Portfolio

Friday, October 15, 2021 - 12:07am

The Barclay Hotel becomes the eleventh hotel or motel in the Los Angeles area that Healthy Housing Foundation has purchased and repurposed as homeless or extremely-low-income housing since 2017 when AHF first kicked off its housing program.

Key Points: 
  • The Barclay Hotel becomes the eleventh hotel or motel in the Los Angeles area that Healthy Housing Foundation has purchased and repurposed as homeless or extremely-low-income housing since 2017 when AHF first kicked off its housing program.
  • In addition to the Barclay Hotel, Healthy Housing also has one additional L.A. area hotel purchase for use as affordable housing pending, near HHFs Sinclair Hotel, which became part of AHFs family of housing in April.
  • In Fort Lauderdale, AHF is also well underway with plans for a newly built, state-of-the-art affordable housing complex that will include over 500 micro-units.
  • AHF launched Healthy Housing Foundation in 2017 to address the rampant affordable housing crisis sweeping the nation by providing fast, easy, and compassionate access to affordable housing with a focus on addressing the needs of low-income individuals, struggling families, youth, and those living with chronic illness.

JPMorgan Chase Committing $8.4 Million to Improve Household Stability for Black, Hispanic and Latino and Other Underserved Households

Thursday, October 14, 2021 - 6:26pm

JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.

Key Points: 
  • JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
  • Through JPMorgan Chases commitments, six organizations will design and test innovative models to improve household stability with the goal of expanding successful models across the U.S.
  • Todays announcement will help promote immediate housing stability for underserved households and is one step toward our goal of addressing barriers to affordable housing and homeownership, especially for Black, Latino and Hispanic families.
  • Recently, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to improve household stability weakened by the pandemic.

Paragon Mortgage Corporation Arranges $6.1M to Refinance Multifamily Property in Phoenix, AZ

Thursday, October 14, 2021 - 4:38pm

Jim Swanson, President of Paragon Mortgage announced that on October 1, 2021, Paragon arranged the refinancing of Whispering Willows Apartments located in Phoenix, Arizona.

Key Points: 
  • Jim Swanson, President of Paragon Mortgage announced that on October 1, 2021, Paragon arranged the refinancing of Whispering Willows Apartments located in Phoenix, Arizona.
  • View the full release here: https://www.businesswire.com/news/home/20211014005211/en/
    Paragon Mortgage Arranges $6.1M HUD 223(f) FHA Refinance (Graphic: Business Wire)
    Paragon secured the $6.1 Million loan for Whispering Willows through the US Department of Housing and Urban Developments 223(f) mortgage insurance program.
  • Paragon Mortgage Corporation is an FHA, HUD MAP and LEAN approved mortgage lender solely focused on HUD-insured financing for over 34 years.
  • Headquartered in Phoenix, Arizona, Paragon Mortgage is known for its highly experienced staff representing decades of originating, underwriting and processing of HUD/FHA loans.

Global Smart Building Infrastructure Market (2021 to 2026) - by Smart Cities, Smart Workplaces, Smart Commercial Buildings and Integrated Workplace Management Systems - ResearchAndMarkets.com

Thursday, October 14, 2021 - 3:14pm

The "Smart Building Infrastructure Market by Smart Cities, Smart Workplaces, Smart Commercial Buildings, and Integrated Workplace Management Systems 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Smart Building Infrastructure Market by Smart Cities, Smart Workplaces, Smart Commercial Buildings, and Integrated Workplace Management Systems 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • It also provides an analysis of the smart workplace including market trends, growth drivers, market challenges, leading companies, solutions, applications, and services.
  • Report forecasts include the smart workplace market by technology, connectivity type, applications, device type, service delivery methods, and industry verticals.
  • It analyzes smart buildings challenges and opportunities, assesses market potential, and provides accompanying smart buildings market sizing, globally as well as regionally, and by market segment for 2021 - 2026.

Sumitomo Corporation Quantum Transformation (QX) Project - Quantum Computer Improves Performance of Traffic Control for Flying Cars, One Step Closer to Everyday Life in the Sky

Thursday, October 14, 2021 - 1:00pm

We have also demonstrated that quantum computing is about 10 times faster than conventional computers in certain problems.

Key Points: 
  • We have also demonstrated that quantum computing is about 10 times faster than conventional computers in certain problems.
  • View the full release here: https://www.businesswire.com/news/home/20211014005525/en/
    This image is a capture of the video mentioned in the press release.
  • However, it may be difficult for conventional computers to find the answer in real time from an exponentially increasing number of combinations.
  • To solve this problem, QX PJ has started a quantum technology demonstration to control a large number of air mobilities in real time.