Cement production and processes emit over 5 percent of all carbon dioxide emitted by human activity. Reducing that environmental impact is a high priority among cement producers. Cement producers are now publishing their Environmental, Social and Governance credentials concerning energy use in their operations, greenhouse gas emissions and water usage.
Simpson Strong-Tie will invest $110 million to expand its manufacturing operations in Gallatin, Tennessee. The expansion will create 37 new jobs in Sumner County. The new facility on Airport Road will allow Simpson Strong-Tie to meet growing product demand and relocate a portion of its fastener manufacturing operations.
Armstrong World Industries announced that it has entered a strategic partnership and equity investment in Overcast Innovations, a venture established by leading construction and energy services company McKinstry.
Will launch QXO with tech-forward strategy in large and growing industry rich with acquisition opportunities; sets revenue run-rate targets of at least $1 billion by end of year one, at least $5 billion within three years and tens of billions of dollars over next decade
After a comprehensive year-long search, Brad Jacobs has announced his intention to create a market leader in building products distribution — an industry with approximately $800 billion in annual revenue between North America and Europe, according to industry estimates.
Private equity firm secures majority ownership in manufacturer of temporary modular wall containment solutions to continue to fuel innovation and expand into new markets
STARC Systems, the Brunswick, Maine-based manufacturer of reusable temporary wall containment solutions for occupied renovations, announced that North Branch Capital has secured majority ownership of the company. To date, most of STARC’s customers have been the country’s top contractors and health care facilities.
Topcon Positioning Systems announced it has made a strategic investment in DDK Positioning Ltd, an Aberdeen, Scotland-based specialist in GNSS receivers and PPP correction services. DDK Positioning delivers services exclusively over the Iridium network to provide global precision positioning services that can augment GNSS constellations to significantly enhance their accuracy for critical industrial applications.
Higharc — the all-in-one homebuilding platform for design, sales and construction — is pleased to announce a $1.3 million strategic investment from Simpson Strong-Tie. The investment represents the company’s ongoing commitment to provide comprehensive, state-of-the-art solutions to the building industry with digital platforms and physical products.
KYOCERA SENCO Industrial Tools has announced a major investment in its 500,000-square-foot Newtown, Ohio, facility for the construction of a new 32,000-square-foot addition and 8,000-square-foot renovation of existing space.
It was more good news for Georgina Trades Training Inc. (GTTI), as the province announced more than $4 million in funding for its new Skilled Trades Institute on July 3.