Construction

DGAP-News: Wacker Neuson SE: Wacker Neuson reports strong growth in first half of 2022

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Tuesday, August 9, 2022 - 7:01am
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Wacker Neusons own rental and service business also developed on a positive trajectory, as did the high-margin spare parts business.

Key Points: 
  • Wacker Neusons own rental and service business also developed on a positive trajectory, as did the high-margin spare parts business.
  • As part of its plan to diversify its sales strategy, Wacker Neuson on-boarded additional authorized dealers in North America in the first half of 2022.
  • There was sustained strong growth in Australia here, but the Group faced a contracting construction equipment market in China.
  • The definition of net financial debt as applied by the Wacker Neuson Group does not include lease liabilities in accordance with IFRS 16.

Astroport Space Technologies Awarded Second NASA Technology Research Contract for Lunar Construction

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Monday, August 8, 2022 - 11:46pm
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SAN ANTONIO, Aug. 8, 2022 /PRNewswire/ -- Astroport Space Technologies, Inc. has been awarded its second NASA Phase 1 Small Business Technology Transfer (STTR) contract for the construction of landing pads on the Moon.

Key Points: 
  • SAN ANTONIO, Aug. 8, 2022 /PRNewswire/ -- Astroport Space Technologies, Inc. has been awarded its second NASA Phase 1 Small Business Technology Transfer (STTR) contract for the construction of landing pads on the Moon.
  • The project will build on Astroport's previous Phase 1 STTR-21 work on regolith melting technologies and robotic bricklaying system for lunar infrastructure construction.
  • Astroport's Founder/CEO and Space Architect, Sam Ximenes said, "we are pleased that NASA continues to place confidence in our team's ability to define and develop technologies and processes for lunar infrastructure construction.
  • About Astroport:Astroport Space Technologies Inc. is a space construction and materials manufacturing company turning planetary resources into durable feedstock for autonomous construction of lunar surface infrastructure.

Bain & Company and Trinity Life Sciences announce strategic partnership

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Monday, August 8, 2022 - 6:54pm
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BOSTON, Aug. 8, 2022 /PRNewswire/ -- Bain & Company, a top global management consultancy, and Trinity Life Sciences, a leader in global life sciences commercialization solutions, have announced a strategic partnership to bring together Bain's extensive global experience across the life sciences value chain with Trinity's deep technical expertise in biopharma and medtech. The partnership includes Bain & Company taking a minority investment in Trinity.

Key Points: 
  • The partnership pairs Bain's extensive experience across the global life sciences value chain with Trinity's specialized, evidence-based solutions for life sciences companies
    BOSTON, Aug. 8, 2022 /PRNewswire/ -- Bain & Company, a top global management consultancy,and Trinity Life Sciences , a leader in global life sciences commercialization solutions, have announced a strategic partnership to bring together Bain's extensive global experience across the life sciences value chain with Trinity's deep technical expertise in biopharma and medtech.The partnership includes Bain & Company taking a minority investment in Trinity.
  • "This partnership feels like a perfect match as we continue to expand and deepen our client offerings," said David Fitzhenry , CEO of Trinity Life Sciences.
  • "The collaboration between Bain & Company and Trinity offers unparalleled breadth and depth in commercial strategy, powered by strong data analytics," said Matt Jennings ,operating partner of Kohlberg & Co and chairman of Trinity Life Sciences.
  • Trinity Life Sciencesis a trusted strategic commercialization partner, providing evidence-based solutions for the life sciences.

Hill International Announces Two Awards to Support Landmark Developments for Aldar Properties Projects in Abu Dhabi: The Grove and Al-Reeman

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Monday, August 8, 2022 - 6:00pm
Aldar Properties, U.S. Securities and Exchange Commission, HIL, Louvre Abu Dhabi, NYSE, GLOBE, HSE, Abu Dhabi International Airport, Private Securities Litigation Reform Act, Museum, Security (finance), PE, PJSC, Program, Hill International, PMP, Engineering News-Record, Risk, SM, PMC, Engineering, Saadiyat Island, Commercial, ABU, Construction, Hill, Grove

The Grove Project encompasses The Grove Heart, The Louver Apartments, and The Dunes Villas.

Key Points: 
  • The Grove Project encompasses The Grove Heart, The Louver Apartments, and The Dunes Villas.
  • This includes branded residential buildings, a shopping mall, a leisure area, a town square and a cinema complex.
  • Hill will provide Project Management Consultancy (PMC) services for the Grove, including project management, construction management, HSE management, cost and schedule control, document control, and other as-needed support.
  • The development is located in the southeast area of Abu Dhabi City with quick access to Shawamekh and Abu Dhabi International Airport.

Egypt Construction Market Report 2022: Industry to Grow by 10.4% this Year, Supported by Increased Investments in Infrastructure and Energy Projects - ResearchAndMarkets.com

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Monday, August 8, 2022 - 5:11pm
Construction & Property, Other Construction & Property, Central Bank of Egypt, Asian Infrastructure Investment Bank, National Authority for Remote Sensing and Space Sciences, Construction, OPEC Fund for International Development, Industry, Growth, Investment, World Bank, New Administrative Capital, Relaxation, Government, Sector, World, Yoy, National bank, International development, Water, NAC, Electricity, National Bank of Egypt, Commercial, AIIB, CBE, Housing, NBE, Central bank, Renewable energy

The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends and Forecast by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Construction, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The Egyptian construction industry grew by an estimated 8% in real terms in 2021, compared to growth of 3% in 2020.
  • The publisher expects the industry to grow by 10.4% this year, supported by increased investments in infrastructure and energy projects.
  • These projects will support investments in the infrastructure and petrochemical sectors, and are expected to drive growth across the construction value chain.

SAM Announces Acquisition of Linewise Aerial, Expanding Client Solutions in the Western U.S. and Canada

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Monday, August 8, 2022 - 3:00pm
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AUSTIN, Texas, Aug. 8, 2022 /PRNewswire-PRWeb/ -- SAM Companies ("SAM" or the "Company"), the nation's leading provider of professional geospatial and inspection solutions to customers across the utility, transportation, and broader infrastructure industries, today announced that it has acquired Linewise Aerial ("Linewise"), an aerial inspection and mapping firm serving clients across the utilities sector.

Key Points: 
  • SAM's acquisition of Linewise advances its strategic growth plan, expanding the Company's geographic footprint , aerial mapping and inspection capabilities, and specialized service to the utilities sector.
  • SAM and Linewise have a long history of technical collaboration and successful client deliveries.
  • "As we continue to expand our client solutions and geographic presence, we're excited to welcome the Linewise team to the SAM family ," said SAM President and CEO, Chris Solomon.
  • This acquisition exemplifies SAM's M&A strategy, representing its thirteenth acquisition in six years and its first international acquisition.

WK Dickson Acquires Edison Engineering

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Monday, August 8, 2022 - 2:30pm
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Dickson & Co., Inc., a leading community infrastructure consulting firm, announced today they have acquired Edison Engineering Group, a civil and environmental engineering firm based in Dallas, Georgia.

Key Points: 
  • Dickson & Co., Inc., a leading community infrastructure consulting firm, announced today they have acquired Edison Engineering Group, a civil and environmental engineering firm based in Dallas, Georgia.
  • This new partnership will allow WK Dickson to better serve existing and future clients' critical infrastructure needs throughout the state.
  • WK Dickson has rapidly increased its presence in middle Georgia while serving area clients from the firm's Atlanta and Augusta offices.
  • WK Dickson is an ENR Top 500 multi-disciplined consulting firm specializing in community infrastructure solutions, including airport planning and design, environmental and water resources engineering, land planning and development, and energy support services.

Cushman & Wakefield Acquires Logistics & Industrial Consultancy Burbage Realty Partners Limited

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Monday, August 8, 2022 - 2:30pm
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Global real estate services firm Cushman & Wakefield (NYSE: CWK) has acquired specialist UK logistics and industrial consultancy Burbage Realty Partners Limited (BRPL) as it continues its expansion in the growth sector.

Key Points: 
  • Global real estate services firm Cushman & Wakefield (NYSE: CWK) has acquired specialist UK logistics and industrial consultancy Burbage Realty Partners Limited (BRPL) as it continues its expansion in the growth sector.
  • The strategic acquisition complements and strengthens Cushman & Wakefields UK Logistics & Industrial team, headed by Richard Evans, which has a strong occupier and investor client base.
  • The latter, founded in 2003 by John Burbage as a UK logistics and industrial property consultancy, is unaffected by this acquisition and remains an independent business under the ownership of Burbage Capital Limited.
  • Founded in 2017, Burbage Realty Partners Limited is a specialist logistics and industrial consultancy that provides a suite of services including strategic land, development funding, investment, lease advisory and occupational agency across the UK.

HOVER Offers a New Construction Solution with the Capability of Creating 3D Models from Blueprint Designs

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Monday, August 8, 2022 - 2:15pm
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SAN FRANCISCO, Aug. 8, 2022 /PRNewswire/ -- HOVER, the technology company that transforms smartphone photos of any property into a digital twin with valuable 3D data, today announced that it is offering its entire 3D measurement and takeoff solution for new construction jobs with the ability to upload blueprints. Now, contractors can secure the same 3D models with exterior measurements that HOVER provides from smartphone photos through blueprint designs. HOVER now supports both the improvement of existing structures as well as ground-up new construction projects.

Key Points: 
  • Now, contractors can secure the same 3D models with exterior measurements that HOVER provides from smartphone photos through blueprint designs.
  • HOVER now supports both the improvement of existing structures as well as ground-up new construction projects.
  • HOVER's new construction solution transforms blueprint plans into scaled 3D models with comprehensive measurements for the property exterior powering takeoff, proposal, and ordering features in the HOVER platform.
  • David Ferraro, Owner of Good Guys Contracting said, "Before this solution existed, I didn't have time to scale off a blueprint.

JFF Awarded $5 Million in U.S. Department of Labor Funding to Scale Registered Apprenticeships for School-Age Youth

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Monday, August 8, 2022 - 2:09pm
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BOSTON, Aug. 8, 2022 /PRNewswire/ -- Jobs for the Future (JFF), a national nonprofit driving transformation in the American workforce and education systems, today announced that its Center for Apprenticeship & Work-Based Learning has been awarded $5 million in funding from the U.S. Department of Labor to help more than 1,000 school-age young people access pathways to high-quality apprenticeships. Through an ambitious four-year initiative, JFF will partner with organizations across regional hubs to expand access to high-quality Registered Apprenticeship programs (RAP) for in-school and out-of-school young people from many different backgrounds.

Key Points: 
  • With greater ability to scale access and reach previously untapped pockets of talent, the outlook for apprenticeships is brighter than ever."
  • To help expand Registered Apprenticeship opportunities for school-age young people, the U.S. Department of Labor announced over $121 million in new funding earlier this year through the Apprenticeships Building America p rogram , with $58 million dedicated to establishing equity partnerships and pre-apprenticeship activities.
  • As the project progresses, JFF will document the strategies and approaches used and share them with the broader field.
  • For more information about JFF's work to support the development and expansion of Registered Apprenticeships, visit the Center for Apprenticeship & Work-Based Learning .