Five automated processes for more efficiency in precast project delivery

May 26, 2021 | 90 views

Construction projects are currently facing numerous challenges: increasing time pressure, changes at short notice, cost efficiency, rising complexity, higher demands on architectural design and a larger number of participants characterize precast design today.

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Rockford Construction

Rockford Construction has been serving the commercial, multi-unit, educational, industrial, healthcare and retail markets for more than 30 years. Licensed in 45 states and ranked by Engineering News Record as one of the Top 200 construction management firms in the nation and third in Michigan, Rockford offers construction management, development and property management services, bringing a comprehensive perspective as owners, builders and operators. From small-scale renovation work to highly technical construction efforts, Rockford has completed more than $5 billion in projects across the nation.

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EDM set to lead skills development in new £10 million digital engineering centre

Article | May 7, 2021

UWE Bristol will play a central role in a new £10 million digital engineering centre for the region. The Centre for Digital Engineering Technology & Innovation is a research, innovation and skills initiative created to develop and accelerate digital engineering across multiple industry sectors, to ultimately benefit future generations of engineers and engineering products, and to help tackle global challenges.

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CONSTRUCTION

Service Tech Mobile Unveiled at AHR

Article | June 16, 2021

The recent AHR Expo 2020 was a showcase of the very latest - and coolest - technologies for service contractors. From cutting-edge air and water purification systems to virtual reality headsets to advanced sensors and alert systems to enhance safety, one thing is clear: service contractors today have a lot more tools at their disposal than they have in years past.

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CONSTRUCTION

The Future of Construction from a Leader in SLAM-Based Laser Scanning

Article | May 5, 2021

Since the early days of the personal computer the construction industry has been slow to adopt digital technology. As a result, increases in construction productivity have lagged virtually every other major industry, such as automotive and aircraft manufacturing. It’s true that every construction project is different, unlike automobiles and planes, but we can do more to improve the future of construction.

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Financial Engineering: How To Make SAP Shareholders Happy

Article | February 10, 2020

SAP is tweaking and twisting everything it can to make everybody happy. The efforts of Mucic, Morgan and Klein are remarkable. The three musketeers strike again: SAP co-CEOs Jennifer Morgan and Christian Klein as well as CFO Luka Mucic want to make everyone in the SAP community happy, and they want to make everyone happy all at once. To make that happen, they are moving large sums of money around – only through legal, albeit a little questionable, methods, primarily financial engineering.

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Spotlight

Rockford Construction

Rockford Construction has been serving the commercial, multi-unit, educational, industrial, healthcare and retail markets for more than 30 years. Licensed in 45 states and ranked by Engineering News Record as one of the Top 200 construction management firms in the nation and third in Michigan, Rockford offers construction management, development and property management services, bringing a comprehensive perspective as owners, builders and operators. From small-scale renovation work to highly technical construction efforts, Rockford has completed more than $5 billion in projects across the nation.

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CONSTRUCTION

Shoreline Equity Partners Announces Partnership with Core Roofing

Core Roofing | November 30, 2022

Shoreline Equity Partners, LLC ("Shoreline" or the "Firm"), a purpose-driven lower middle market private equity firm, has partnered with Core Roofing Systems, LLC ("Core Roofing" or the "Company"). Headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial re-roofing, maintenance, repair, inspection, and new roofing systems across the Southeast. The Company was founded by Dusty DeVore in 2002 and has since grown to more than 180 employees with a diverse set of customers across Georgia, Florida, Alabama, Arkansas, Mississippi, North Carolina, South Carolina, and Virginia. With a 20+ year history and respected brand and reputation, Core Roofing has successfully positioned itself as one of the leading commercial roofing service providers in the Southeast. Moving forward, and in partnership with Shoreline, Core Roofing is looking to execute on an aggressive growth plan via organic initiatives and acquisitions. The new partnership with Shoreline provides the Company with both the acquisition experience and access to capital needed to partner with other leading commercial roofing businesses across the U.S. Dusty DeVore has maintained a significant ownership position in the business and will continue to lead the Company going forward. "Dusty and the entire team have done an outstanding job of growing Core Roofing into a clear market leader over the last 20 years. The Company has built an exceptional brand and reputation as the go-to commercial roofing service provider for its customers and suppliers. It was clear from our first conversation with Dusty that Core Roofing would be a great fit for Shoreline due to the quality of the business and its people. We are grateful to partner with Dusty and the team to continue building a leading commercial roofing platform across the Southeast and nationally." -Mike Hand , Managing Partner at Shoreline. Zach Mittelmark , Principal at Shoreline, said, Upon meeting with Dusty and the broader Core Roofing team, we immediately knew we had found the right platform to partner with in the commercial roofing space. Core Roofing has built an incredibly unique and difficult-to-replicate maintenance and repair service offering which allows them to provide superior customer service throughout the full lifecycle of every commercial roof. We are beyond excited to help Core Roofing embark on an ambitious add-on acquisition story with the goal of becoming one of the largest commercial re-roofing companies in the US over the years to come. "We could not be more thrilled to partner with Shoreline. It was incredibly important that we found a partner that aligned with our values. Core Roofing was built on the strength of the relationships with our customers, suppliers, employees, and the community at large, and Shoreline shares our belief in the importance of consistently delivering for those key constituents. We are excited to accelerate our growth both organically and through acquisitions in partnership with the Shoreline team while ensuring that we maintain our high standards for work quality, customer service, and relationships for which Core Roofing is known." -Dusty DeVore , Founder and CEO of Core Roofing. The transaction for Shoreline was led by Mike Hand, Managing Partner; Zach Mittelmark, Principal; Mike Mancini, Senior Associate; Pete Bouret, Senior Associate; and Mike Dolak, Associate. Harvey & Company served as an advisor to Shoreline, while South State Bank provided the financing for the transaction . About Core Roofing: Founded in 2002 and headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial roofing solutions including re-roofing, maintenance, repair, inspection, and new roofing systems. With over 180 employees and offices in Georgia and Florida, Core serves a diversified customer base across the Southeast, including commercial and industrial property owners, property management companies, REITs, and municipalities, among others. About Shoreline: Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a "win-win" proposition for shareholders, employees, customers, vendors, and the communities within which the Firm's companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. Investing out of the Firm's inaugural $300 million fund, Shoreline seeks to lead equity investments of up to $100 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $25 million to $250 million and EBITDA of $3 million to $25 million. The Firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others.

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CONSTRUCTION

The Joseph Group Joins Douglas Elliman Realty

Joseph Design Build | November 30, 2022

Thomas Joseph, cofounder of Austin-based luxury developer Joseph Design Build, announced today the firm's in-house realty group, The Joseph Group, has joined Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the country. The three-person powerhouse team first formed in 2020, and will continue to operate out of the Joseph Design Build headquarters in South Austin. "We are pleased to welcome The Joseph Group to our firm, Their expertise in the Austin luxury market will be an invaluable asset to the brokerage, and we are looking forward to witnessing how they grow and expand their business." -Stephen Kotler, CEO of Douglas Elliman Realty's Western Region. Joining Douglas Elliman represents a powerful alignment, said Thomas Joseph. The Joseph Group is thrilled at the opportunity to continue to learn and grow alongside the industry's top professionals, and we are excited about the ever-evolving direction of the group, and its impact on Joseph Design Build as a whole." The Joseph Group's parent company, Joseph Design Build, is a multi-award-winning luxury design-build firm, specializing in function-forward, expertly built modern infill homes of unrivaled craftsmanship and quality. The homes developed by Joseph Design Build will now also benefit from the same best-in-class Douglas Elliman network. The firm has grown exponentially since its founding, and currently has an active project pipeline in key neighborhoods around Downtown Austin worth more than $160 million. Earlier this year, Joseph Design Build completed development on a three-story office project in East Austin — its first of what are sure to be many ventures in the commercial sector. "Thomas and his team come to us with an impressive track record, along with a creative, forward-thinking mindset in the luxury space, We're pleased to welcome them to the firm." -Catherine Lee, President of Douglas Elliman Texas. A flourishing technology hub, Austin has been among the fastest-growing real estate markets in the United States for six consecutive years. About Joseph Design Build: Joseph Design Build is a turnkey design-build development firm, founded in Austin in 2014. Spearheaded by Gabe and Thomas Joseph, Joseph Design Build offers a vertically-integrated suite of luxury design-build services, including architectural and interior design, site acquisition, permitting and construction. This streamlined approach unites all relevant professions under one roof, ensuring the highest possible quality on every project.

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CONSTRUCTION

TELUS and Adera complete new Smart Building in North Vancouver

Adera Development | December 01, 2022

TELUS continues to grow its Residential Smart Building footprint with the completion of RED Lower Lynn, a new rental development located in North Vancouver’s vibrant Lynn Creek community. In partnership with west coast modern design builder Adera, this six-storey, 88-unit complex features TELUS’ cutting edge smart building technology and automation, offering luxury and comfort paired with savings and efficiency. Residents at RED Lower Lynn can control their smart suites from their smartphones through the easy-to-use TELUS Residential Smart Building app, giving them the flexibility to remotely lock and unlock their keyless doors, or adjust their lights from anywhere, at any time. “We’re excited to bring TELUS’ Smart Building solutions to North Vancouver’s rental market, ensuring residents and staff at RED Lower Lynn have the latest in building automation, security, entertainment, and connectivity solutions, TELUS’ partnership with Adera builds upon our strategy to leverage our world-leading wireless and PureFibre networks to bring our customers the best in home and business automation, while creating sustainable, healthy, and connected spaces to live, work, and play.” -Erin Walker, Director, Residential Smart Communities at TELUS. With TELUS Residential Smart Building, residents are conveniently notified on their smartphone when someone opens the door, the temperature needs to be adjusted, or someone requires entry. RED Lower Lynn’s building operators are also using TELUS Residential Smart Building to access the latest in security technology, 24-hour monitoring, and tools to increase building efficiency, which reduces their carbon footprint and operating expenses. “Providing a safe, secure community for residents is a top priority at Adera. As such, partnering with TELUS for RED Lower Lynn, a purpose-built rental property, aligned with our goals, The integration of smart building technology allows residents to live in a building with an added layer of security, offers peace of mind for residents and ultimately a more accessible, user-friendly experience, whether you are in your own home, the parkade, or one of the many common amenities throughout the building.” -Rocky Sethi, Chief Operating Officer at Adera. About TELUS: TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.Operating in 28 countries around the world, TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and eCommerce and fintech. About Adera Development: With over 50 years of experience, Adera Development Corporation has built a world-class portfolio and emerged as one of the leading multi-disciplinary real estate development organizations and mass timber leaders in British Columbia. Adera remains dedicated to delivering value through a commitment to the communities it builds, its customers, the environment, and the pursuit of agile innovation in their proprietary SmartWood® and QuietHome™ technologies. To learn more about

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CONSTRUCTION

Shoreline Equity Partners Announces Partnership with Core Roofing

Core Roofing | November 30, 2022

Shoreline Equity Partners, LLC ("Shoreline" or the "Firm"), a purpose-driven lower middle market private equity firm, has partnered with Core Roofing Systems, LLC ("Core Roofing" or the "Company"). Headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial re-roofing, maintenance, repair, inspection, and new roofing systems across the Southeast. The Company was founded by Dusty DeVore in 2002 and has since grown to more than 180 employees with a diverse set of customers across Georgia, Florida, Alabama, Arkansas, Mississippi, North Carolina, South Carolina, and Virginia. With a 20+ year history and respected brand and reputation, Core Roofing has successfully positioned itself as one of the leading commercial roofing service providers in the Southeast. Moving forward, and in partnership with Shoreline, Core Roofing is looking to execute on an aggressive growth plan via organic initiatives and acquisitions. The new partnership with Shoreline provides the Company with both the acquisition experience and access to capital needed to partner with other leading commercial roofing businesses across the U.S. Dusty DeVore has maintained a significant ownership position in the business and will continue to lead the Company going forward. "Dusty and the entire team have done an outstanding job of growing Core Roofing into a clear market leader over the last 20 years. The Company has built an exceptional brand and reputation as the go-to commercial roofing service provider for its customers and suppliers. It was clear from our first conversation with Dusty that Core Roofing would be a great fit for Shoreline due to the quality of the business and its people. We are grateful to partner with Dusty and the team to continue building a leading commercial roofing platform across the Southeast and nationally." -Mike Hand , Managing Partner at Shoreline. Zach Mittelmark , Principal at Shoreline, said, Upon meeting with Dusty and the broader Core Roofing team, we immediately knew we had found the right platform to partner with in the commercial roofing space. Core Roofing has built an incredibly unique and difficult-to-replicate maintenance and repair service offering which allows them to provide superior customer service throughout the full lifecycle of every commercial roof. We are beyond excited to help Core Roofing embark on an ambitious add-on acquisition story with the goal of becoming one of the largest commercial re-roofing companies in the US over the years to come. "We could not be more thrilled to partner with Shoreline. It was incredibly important that we found a partner that aligned with our values. Core Roofing was built on the strength of the relationships with our customers, suppliers, employees, and the community at large, and Shoreline shares our belief in the importance of consistently delivering for those key constituents. We are excited to accelerate our growth both organically and through acquisitions in partnership with the Shoreline team while ensuring that we maintain our high standards for work quality, customer service, and relationships for which Core Roofing is known." -Dusty DeVore , Founder and CEO of Core Roofing. The transaction for Shoreline was led by Mike Hand, Managing Partner; Zach Mittelmark, Principal; Mike Mancini, Senior Associate; Pete Bouret, Senior Associate; and Mike Dolak, Associate. Harvey & Company served as an advisor to Shoreline, while South State Bank provided the financing for the transaction . About Core Roofing: Founded in 2002 and headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial roofing solutions including re-roofing, maintenance, repair, inspection, and new roofing systems. With over 180 employees and offices in Georgia and Florida, Core serves a diversified customer base across the Southeast, including commercial and industrial property owners, property management companies, REITs, and municipalities, among others. About Shoreline: Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a "win-win" proposition for shareholders, employees, customers, vendors, and the communities within which the Firm's companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. Investing out of the Firm's inaugural $300 million fund, Shoreline seeks to lead equity investments of up to $100 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $25 million to $250 million and EBITDA of $3 million to $25 million. The Firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others.

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CONSTRUCTION

The Joseph Group Joins Douglas Elliman Realty

Joseph Design Build | November 30, 2022

Thomas Joseph, cofounder of Austin-based luxury developer Joseph Design Build, announced today the firm's in-house realty group, The Joseph Group, has joined Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the country. The three-person powerhouse team first formed in 2020, and will continue to operate out of the Joseph Design Build headquarters in South Austin. "We are pleased to welcome The Joseph Group to our firm, Their expertise in the Austin luxury market will be an invaluable asset to the brokerage, and we are looking forward to witnessing how they grow and expand their business." -Stephen Kotler, CEO of Douglas Elliman Realty's Western Region. Joining Douglas Elliman represents a powerful alignment, said Thomas Joseph. The Joseph Group is thrilled at the opportunity to continue to learn and grow alongside the industry's top professionals, and we are excited about the ever-evolving direction of the group, and its impact on Joseph Design Build as a whole." The Joseph Group's parent company, Joseph Design Build, is a multi-award-winning luxury design-build firm, specializing in function-forward, expertly built modern infill homes of unrivaled craftsmanship and quality. The homes developed by Joseph Design Build will now also benefit from the same best-in-class Douglas Elliman network. The firm has grown exponentially since its founding, and currently has an active project pipeline in key neighborhoods around Downtown Austin worth more than $160 million. Earlier this year, Joseph Design Build completed development on a three-story office project in East Austin — its first of what are sure to be many ventures in the commercial sector. "Thomas and his team come to us with an impressive track record, along with a creative, forward-thinking mindset in the luxury space, We're pleased to welcome them to the firm." -Catherine Lee, President of Douglas Elliman Texas. A flourishing technology hub, Austin has been among the fastest-growing real estate markets in the United States for six consecutive years. About Joseph Design Build: Joseph Design Build is a turnkey design-build development firm, founded in Austin in 2014. Spearheaded by Gabe and Thomas Joseph, Joseph Design Build offers a vertically-integrated suite of luxury design-build services, including architectural and interior design, site acquisition, permitting and construction. This streamlined approach unites all relevant professions under one roof, ensuring the highest possible quality on every project.

Read More

CONSTRUCTION

TELUS and Adera complete new Smart Building in North Vancouver

Adera Development | December 01, 2022

TELUS continues to grow its Residential Smart Building footprint with the completion of RED Lower Lynn, a new rental development located in North Vancouver’s vibrant Lynn Creek community. In partnership with west coast modern design builder Adera, this six-storey, 88-unit complex features TELUS’ cutting edge smart building technology and automation, offering luxury and comfort paired with savings and efficiency. Residents at RED Lower Lynn can control their smart suites from their smartphones through the easy-to-use TELUS Residential Smart Building app, giving them the flexibility to remotely lock and unlock their keyless doors, or adjust their lights from anywhere, at any time. “We’re excited to bring TELUS’ Smart Building solutions to North Vancouver’s rental market, ensuring residents and staff at RED Lower Lynn have the latest in building automation, security, entertainment, and connectivity solutions, TELUS’ partnership with Adera builds upon our strategy to leverage our world-leading wireless and PureFibre networks to bring our customers the best in home and business automation, while creating sustainable, healthy, and connected spaces to live, work, and play.” -Erin Walker, Director, Residential Smart Communities at TELUS. With TELUS Residential Smart Building, residents are conveniently notified on their smartphone when someone opens the door, the temperature needs to be adjusted, or someone requires entry. RED Lower Lynn’s building operators are also using TELUS Residential Smart Building to access the latest in security technology, 24-hour monitoring, and tools to increase building efficiency, which reduces their carbon footprint and operating expenses. “Providing a safe, secure community for residents is a top priority at Adera. As such, partnering with TELUS for RED Lower Lynn, a purpose-built rental property, aligned with our goals, The integration of smart building technology allows residents to live in a building with an added layer of security, offers peace of mind for residents and ultimately a more accessible, user-friendly experience, whether you are in your own home, the parkade, or one of the many common amenities throughout the building.” -Rocky Sethi, Chief Operating Officer at Adera. About TELUS: TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.Operating in 28 countries around the world, TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and eCommerce and fintech. About Adera Development: With over 50 years of experience, Adera Development Corporation has built a world-class portfolio and emerged as one of the leading multi-disciplinary real estate development organizations and mass timber leaders in British Columbia. Adera remains dedicated to delivering value through a commitment to the communities it builds, its customers, the environment, and the pursuit of agile innovation in their proprietary SmartWood® and QuietHome™ technologies. To learn more about

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