Architecture

Lincoln Property Company Set to Break Ground on Premier Mixed-Use Development in Dallas’ Coveted Preston Center

Friday, April 16, 2021 - 9:10pm

\xe2\x80\x9cThis project will be a best-in-class development designed to bring a dynamic mixed-use offering to the area.

Key Points: 
  • \xe2\x80\x9cThis project will be a best-in-class development designed to bring a dynamic mixed-use offering to the area.
  • We are especially thankful to the City of Dallas and Preston Center Task force, whose feedback through the years made the project better.
  • The commercial division of Lincoln Property Company will lease nearly 59,000 square feet of space in the building.
  • Lincoln\xe2\x80\x99s cumulative development efforts have produced over 150 million square feet of commercial space and over 216,000 multifamily residential units.

Energy Focus Partners with Batteries Plus Bulbs for National Retail Distribution

Friday, April 16, 2021 - 1:00pm

b'Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (\xe2\x80\x9cHCL\xe2\x80\x9d), LED and control technologies, has partnered with Batteries Plus Bulbs to offer Energy Focus\xe2\x80\x99 products for distribution to the franchise\xe2\x80\x99s 700-plus stores across the U.S.

Key Points: 
  • b'Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable and human-centric lighting (\xe2\x80\x9cHCL\xe2\x80\x9d), LED and control technologies, has partnered with Batteries Plus Bulbs to offer Energy Focus\xe2\x80\x99 products for distribution to the franchise\xe2\x80\x99s 700-plus stores across the U.S.
  • All three product lines deliver unique value propositions with superior lighting, proven quality, optimal energy efficiency, environmental sustainability and human health driven by state-of-the-art technologies.\n\xe2\x80\x9cWe are honored to be the first national retailer to offer Energy Focus\xe2\x80\x99 high-quality, cutting-edge LED lighting products,\xe2\x80\x9d said Shawn Budiac, Vice President-Category Management for Batteries Plus Bulbs.
  • With Batteries Plus Bulbs\xe2\x80\x99 nationwide coverage, many more lighting contractors and end users will get to know and purchase our durable, reliable and innovative products.
  • Batteries Plus Bulbs is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City.

PPG Reports Record First Quarter 2021 Financial Results

Thursday, April 15, 2021 - 9:17pm

b'PPG (NYSE:PPG) today reported first quarter 2021 net sales of approximately $3.9 billion, approximately 15% higher than the prior year.

Key Points: 
  • b'PPG (NYSE:PPG) today reported first quarter 2021 net sales of approximately $3.9 billion, approximately 15% higher than the prior year.
  • The first quarter 2021 reported and adjusted effective tax rates were both approximately 23%, compared to the first quarter 2020 reported and adjusted effective tax rates of about 22%.
  • Detailed reconciliations of the reported to adjusted figures are included below.\n\xe2\x80\x9cWe delivered record adjusted EPS in the first quarter which is significantly above 2020 first quarter results, and also 27% higher than first quarter 2019 despite sales volumes not yet having fully recovered to pre-COVID levels,\xe2\x80\x9d said Michael H. McGarry, PPG chairman and chief executive officer.
  • The company will hold a conference call to review its first quarter 2021 financial performance tomorrow, April 16, at 8 a.m.

San Antonio Nonprofit Receives Funding for Affordable Housing Remix

Thursday, April 15, 2021 - 5:58pm

b'Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Prospera Housing and Community Services to help fund the creation of a new apartment community in San Antonio, Texas.\nThis press release features multimedia.

Key Points: 
  • b'Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Prospera Housing and Community Services to help fund the creation of a new apartment community in San Antonio, Texas.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210415005870/en/\nThe San Antonio development, which received an AHP subsidy from Wells Fargo and FHLB Dallas, includes demolition of one apartment complex and rehabilitation of another to create an affordable housing complex to be called The Arbors at West Avenue.
  • \xe2\x80\x9cThese types of collaborations allow us to expand our reach outside of our direct customers and make a greater impact across the Greater San Antonio community, especially in underserved areas where affordable housing is scarce.
  • \xe2\x80\x9cAnd this San Antonio development is yet another example of its thoughtful support of affordable housing initiatives.\xe2\x80\x9d\nFor more information about the AHP, visit fhlb.com/ahp .\nThe Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.

PPG Marks Solid Performance for 2020 During Virtual Annual Meeting of Shareholders

Thursday, April 15, 2021 - 4:36pm

b'PPG (NYSE:PPG) today held its annual meeting of shareholders virtually where Michael H. McGarry, PPG chairman and chief executive officer, reviewed the company\xe2\x80\x99s continued strategic progress, highlighted its resilient performance in 2020, and discussed how employees responded to the unprecedented challenges from the global COVID-19 pandemic.\nDuring the meeting, McGarry first highlighted the company\xe2\x80\x99s 2020 achievements.

Key Points: 
  • b'PPG (NYSE:PPG) today held its annual meeting of shareholders virtually where Michael H. McGarry, PPG chairman and chief executive officer, reviewed the company\xe2\x80\x99s continued strategic progress, highlighted its resilient performance in 2020, and discussed how employees responded to the unprecedented challenges from the global COVID-19 pandemic.\nDuring the meeting, McGarry first highlighted the company\xe2\x80\x99s 2020 achievements.
  • \xe2\x80\x9cIt is clear that the resiliency of our coatings business model shone brightly once again in 2020.
  • With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020.
  • To learn more, visit www.ppg.com .\nWe protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.\n'

Valmont to Host Virtual Investor Day

Thursday, April 15, 2021 - 9:05pm

b'Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that it will host a virtual Investor Day on Thursday, May 20, 2021 at 8:30 a.m. Eastern Time.

Key Points: 
  • b'Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that it will host a virtual Investor Day on Thursday, May 20, 2021 at 8:30 a.m. Eastern Time.
  • Registration for the event is required and can be completed in advance on the Investor Day 2021 Registration Site .
  • In addition, Valmont provides coatings services that protect against corrosion and improve the service life of steel and other metal products.
  • As you read and consider this release, you should understand that these statements are not guarantees of performance or results.

Sandra Lamartine Joins The AZEK Company as Senior Vice President and Chief Human Resources Officer

Thursday, April 15, 2021 - 3:30pm

b'The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the \xe2\x80\x9cCompany\xe2\x80\x9d), an industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living and building products, including TimberTech\xc2\xae decking and Versatex\xc2\xae and AZEK Trim\xc2\xae, has named Sandra Lamartine as Senior Vice President and Chief Human Resources Officer.\n"It was clear from my first interaction with the company that AZEK is committed to being a best-in-class employer,\xe2\x80\x9d Lamartine said.

Key Points: 
  • b'The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the \xe2\x80\x9cCompany\xe2\x80\x9d), an industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living and building products, including TimberTech\xc2\xae decking and Versatex\xc2\xae and AZEK Trim\xc2\xae, has named Sandra Lamartine as Senior Vice President and Chief Human Resources Officer.\n"It was clear from my first interaction with the company that AZEK is committed to being a best-in-class employer,\xe2\x80\x9d Lamartine said.
  • I believe a company should state its values and then embody them.
  • Most recently, Lamartine served as Chief People Officer for Glanbia Nutritionals under Glanbia, Inc.
  • While there, she built a strategic human resources function that championed talent management processes and people programs that shaped the organization\xe2\x80\x99s culture and values.

Kimco Realty and Weingarten Realty Announce Strategic Merger

Thursday, April 15, 2021 - 11:30am

Based on the closing stock price for Kimco on April 14, 2021, this represents a total consideration of approximately $30.32 per Weingarten share.

Key Points: 
  • Based on the closing stock price for Kimco on April 14, 2021, this represents a total consideration of approximately $30.32 per Weingarten share.
  • On a pro forma basis, following the closing of the transaction, Kimco shareholders are expected to own approximately 71% of the combined company\xe2\x80\x99s equity, and Weingarten shareholders are expected to own approximately 29%.
  • The parties currently expect the transaction to close during the second half of 2021, subject to customary closing conditions, including the approval of both Kimco and Weingarten shareholders.
  • For further information, please visit www.kimcorealty.com .\nWeingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer.

Global Luxury Vinyl Tiles (LVT) Flooring Industry (2020 to 2027) - Market Trajectory & Analytics - ResearchAndMarkets.com

Thursday, April 15, 2021 - 10:04am

b'The "Luxury Vinyl Tiles (LVT) Flooring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com\'s offering.\nAmid the COVID-19 crisis, the global market for Luxury Vinyl Tiles (LVT) Flooring estimated at US$19.6 Billion in the year 2020, is projected to reach a revised size of US$38.9 Billion by 2027, growing at a CAGR of 10.3% over the period 2020-2027.\nFlexible, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$23.9 Billion by the end of the analysis period.

Key Points: 
  • b'The "Luxury Vinyl Tiles (LVT) Flooring - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com\'s offering.\nAmid the COVID-19 crisis, the global market for Luxury Vinyl Tiles (LVT) Flooring estimated at US$19.6 Billion in the year 2020, is projected to reach a revised size of US$38.9 Billion by 2027, growing at a CAGR of 10.3% over the period 2020-2027.\nFlexible, one of the segments analyzed in the report, is projected to record 10.6% CAGR and reach US$23.9 Billion by the end of the analysis period.
  • China, the world`s second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2027 trailing a CAGR of 13.7% over the analysis period 2020 to 2027.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 8.9% respectively over the 2020-2027 period.
  • Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.\n'

Global Converged Packet Core Architecture Market Report 2021: Migration Approaches, Timelines, Drivers, Barriers and KPIs that Operators are Using - ResearchAndMarkets.com

Thursday, April 15, 2021 - 9:50am

b'The "Converged Packet Core Architecture: the Benefits and Challenges for Operators" report has been added to ResearchAndMarkets.com\'s offering.\nThis report presents the results of a survey of operators worldwide on their views of converged packet core architecture.

Key Points: 
  • b'The "Converged Packet Core Architecture: the Benefits and Challenges for Operators" report has been added to ResearchAndMarkets.com\'s offering.\nThis report presents the results of a survey of operators worldwide on their views of converged packet core architecture.
  • It looks at migration approaches, timelines, drivers, barriers and the KPIs that operators are using to measure the impact of the deployments.\nA summary of the KPIs that would be most appropriate to use to measure the success of this architecture.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210415005434/en/\n'