USIC

Utility Locator Market worth $1,109 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 3, 2022

CHICAGO, Oct. 3, 2022 /PRNewswire/ -- Utility Locator Market is projected to grow from USD 833 million in 2022 to USD 1,109 million in 2027; it is expected to grow at a CAGR of 5.9% from 2022 to 2027according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 3, 2022 /PRNewswire/ -- Utility Locator Market is projected to grow from USD 833 million in 2022 to USD 1,109 million in 2027; it is expected to grow at a CAGR of 5.9% from 2022 to 2027according to a new report by MarketsandMarkets.
  • The growth of the market attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods.
  • Using GPR utility locator one can locate metallic as well as non-metallic underground objects and utilities.
  • Utility locator equipment offering is to register for largest share of Utility Locator Market throughout the forecast period.

Announcing the 2022 National Gas Rodeo Championship Teams

Retrieved on: 
Tuesday, September 20, 2022

BLOOMINGTON, Minn., Sept. 20, 2022 /PRNewswire-PRWeb/ -- MEA Energy Association (MEA) is pleased to announce that 34 teams competed in the annual National Gas Rodeo at Crossway Baptist Church in Springfield, Missouri.

Key Points: 
  • "Intense Ignition", a four-person team, and "Gang Related", a two-person team, are the 2022 National Gas Rodeo Champions.
  • BLOOMINGTON, Minn., Sept. 20, 2022 /PRNewswire-PRWeb/ -- MEA Energy Association (MEA) is pleased to announce that 34 teams competed in the annual National Gas Rodeo at Crossway Baptist Church in Springfield, Missouri.
  • The intense competition and camaraderie of the National Gas Rodeo offer natural gas utilities from across the country an opportunity to showcase their teamwork, skills, and professionalism.
  • Participation in the National Gas Rodeo plays an important role in developing a mindset of efficiency, proficiency, and safety when working in the natural gas field.

USIC Launches Quality Control Program in Expanding Utility Industry

Retrieved on: 
Thursday, September 15, 2022

USIC, the leader in underground infrastructure damage prevention, has announced the launch of its Triple ZERO Quality Control program.

Key Points: 
  • USIC, the leader in underground infrastructure damage prevention, has announced the launch of its Triple ZERO Quality Control program.
  • Our Triple ZERO Quality Control program will ensure our locate technicians have the comprehensive training and the field experience needed to deliver the highest quality, safe, on-time service for our customers.
  • The launch of our Triple ZERO Quality Control program coincides with the success we have achieved in increasing our retention of tenured locate technicians, added Kim Bedzyk, Senior Vice President, Quality and Risk Management.
  • Our Quality Control program further differentiates our services within the marketplace and enables us to deliver even greater value for our customers.

USIC Expands Shareholder Base in Advance of Next Steps toward Achieving Most Desirable Workplace Status and Enhanced Value Creation for Customers

Retrieved on: 
Thursday, August 11, 2022

USIC, LLC (USIC or the Company), North Americas leading provider of underground utility locating services, announced today an expansion of its shareholder base.

Key Points: 
  • USIC, LLC (USIC or the Company), North Americas leading provider of underground utility locating services, announced today an expansion of its shareholder base.
  • Partners Group, a leading global private markets firm, which owns USIC on behalf of its clients, has sold a 50% stake in the Company to Kohlberg & Company (Kohlberg).
  • Kohlberg was joined in this investment by a group of new partners which includes funds managed by Neuberger Berman.
  • The quality and reliability of the services provided by our technicians allow our customers to effectively manage their operations, serve their customers, and meet their critical work schedules.

Partners Group to expand the shareholder base of USIC, the leading North American provider of utility location services; Kohlberg & Company to acquire a 50% stake

Retrieved on: 
Wednesday, August 10, 2022

Partners Group to expand the shareholder base of USIC, the leading North American provider of utility location services; Kohlberg & Company to acquire a 50% stake

Key Points: 
  • Partners Group to expand the shareholder base of USIC, the leading North American provider of utility location services; Kohlberg & Company to acquire a 50% stake
    Partners Group, a leading global private markets firm, is, on behalf of its clients, expanding the shareholder base of United States Infrastructure Corporation ("USIC" or "the Company"), the leading North American provider of utility location services.
  • Kohlberg & Company ("Kohlberg") is acquiring a 50% stake in USIC and Partners Group will retain a 50% co-lead interest.
  • Kohlberg was joined in this investment by a group of new partners that includes funds managed by Neuberger Berman.
  • USIC currently serves over 1,300 customers in the US and Canada across six utility markets: cable, telecom, electric, gas, water, and sewer.

Top Traders Slammed in First Half: United States Investing Championship Results

Retrieved on: 
Monday, July 25, 2022

In the stock division, among traders with accounts of less than $1,000,000, the leader is Gemy Zhou, +164.5%.

Key Points: 
  • In the stock division, among traders with accounts of less than $1,000,000, the leader is Gemy Zhou, +164.5%.
  • In second place, +150%, is Sean Ryan, the son of David Ryan, a three-time USIC winner.
  • Sean finished 30th in 2021, + 8%; 13th in 2020, +128%; and second in 2019, +51.8%.
  • Late entries are tracked from the date of their entry, so everyone starts with a gain of zero percent.

USIC Recognized as CenterPoint Energy’s Locate Vendor of the Year for Indiana

Retrieved on: 
Wednesday, May 4, 2022

USIC was presented CenterPoint Energys (CNP) 2021 Locate Vendor of the Year award for Indiana.

Key Points: 
  • USIC was presented CenterPoint Energys (CNP) 2021 Locate Vendor of the Year award for Indiana.
  • CNP provides electric transmission and distribution in Indiana and Texas, and power distribution in Indiana.
  • During the year, USIC achieved the lowest damage rate among the locate vendors serving CNP in Indiana, while performing over 240,000 locates.
  • At USIC, we strive to be the most trusted provider of the safest and highest quality locate services for every customer we serve, Chris Shepherd, USIC Senior Vice President, Operations, stated.

Top Traders Struggle in First Quarter: United States Investing Championship Results

Retrieved on: 
Wednesday, April 27, 2022

Mr. Warnock was born in Brooklyn, New York, and is a student at Towson University.

Key Points: 
  • Mr. Warnock was born in Brooklyn, New York, and is a student at Towson University.
  • In second place, + 62%, is Sean Ryan, the son of David Ryan, a three-time USIC winner.
  • Sean finished 30th in 2021, + 18%, 13th in 2020, + 128%, and second in 2019, + 51.8%.
  • Mr. Tuong was born in Vietnam, moved to the states after the war, and settled in Louisville.

Al Fada Group of Companies Public Placement Remains Scheduled For Registration In Early Q2 2022

Retrieved on: 
Monday, March 28, 2022

Luxemburg, March 28, 2022 (GLOBE NEWSWIRE) -- QF Capital SLP - Main Placement Adviser and Book Runner for the $3Billion USD Al Fada Group of companies Public Placement announced today that the public placement remains scheduled for registration in early Q2 2022.

Key Points: 
  • Luxemburg, March 28, 2022 (GLOBE NEWSWIRE) -- QF Capital SLP - Main Placement Adviser and Book Runner for the $3Billion USD Al Fada Group of companies Public Placement announced today that the public placement remains scheduled for registration in early Q2 2022.
  • The AL Fada $3 Billion USD public placement is a hybrid, bond / Equity Placement one of the largest from the Middle East this year.
  • Al Fada Group Chairman Mr. Ramzi Nuseibeh is a well-known industrialist in the Gulf - MENA region and is highly respected within the strategic metals market leaders.
  • Al Fada Groups consortium of leading international industrial companies will boost the profile of Kuwait as an attractive and enabling hub for foreign investment.

AM Best Affirms Credit Ratings of Subsidiaries of CUNA Mutual Holding Company

Retrieved on: 
Thursday, March 10, 2022

Both companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.

Key Points: 
  • Both companies are life/health subsidiaries of CUNA Mutual Holding Company (CUNA Mutual) and collectively referred to as CMFG Life Group.
  • These companies are property/casualty subsidiaries of CUNA Mutual and collectively referred to as CUMIS.
  • Additionally, AM Best has affirmed the Long-Term ICR of bbb+ (Good) of TruStage Financial Group, Inc. (headquartered in Madison, WI), an intermediate holding company of CUNA Mutual.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .