How Precast is Leading Digitalization in Construction

Experts from the construction industry predict a bright future for precast elements: the average annual growth rate of the global precast concrete industry is expected to be 5.3% between 2021 and 2028. In 2020, the precast concrete market was valued at around USD 92.14 billion and is anticipated to grow to over USD 139.33 billion in 2028[1]. However, the average growth rate of the construction industry as a whole is expected to be just 3.2% annually according to the Global Construction Report. Why industrialized construction in particular is growing faster than the rest of the construction industry can be explained by the numerous advantages of this technology.

Spotlight

Loren Cook Company

At Cook, we move air. We’re experts at it. As innovators in air moving equipment for over 75 years we’ve grown into one of the largest and most respected fan and blower manufacturers in the world. Need to move 30 CFM? How about 300,000 CFM? Either way, we can help. With state-of-the-art R&D and manufacturing capabilities, we design our fans right and build them to last.

OTHER ARTICLES
Engineering Tech

How BIM helps general contractors win more business

Article | July 20, 2022

No industry in the world remains untouched by digital technology. For the architecture, engineering, and construction industry, this holds especially true. Technology is making vast improvements in the way general contractors plan and build projects, paving the way for a reimagined future. One technology in particular Building Information Modeling is leading the way. BIM is an intelligent, 3D model-based process that helps general contractors become more accurate and efficient.

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Engineering Tech

Feature engineering in machine learning

Article | July 14, 2022

Feature engineering is the process of extracting new variables by transforming raw data to improve the predictability of a machine learning model. But feature engineering is not just this kind of simple translation of categories like names or colors into numbers. The following section includes a collection of different kinds of engineering approaches that go beyond a translation of categories into numbers and address needs such as transforming numbers into categories or filtering data points due to missing or false data.

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Engineering Tech

Infrastructure Policy Watch: new resilience guidelines from Australia and UK hydrogen strategy

Article | August 4, 2021

Infrastructure Australia outlines new guidance on how to improve infrastructure resilience Infrastructure Australia has released a new set of resilience guidelines for infrastructure, noting that the events of recent years have brought Australia’s vulnerability to threats such as bushfires, droughts, floods, pandemics and cyber-attacks into sharp focus. The Advisory Papers, developed in partnership with Infrastructure New South Wales, estimate that, by 2050, the economic cost of natural disasters in Australia will more than double from about AU$18 billion annually to AU$39 billion. Infrastructure Australia wants infrastructure resilience in project planning and business cases “to become business as usual”. The organisation is required to evaluate business cases for infrastructure projects that receive more than AU$250 million in funding from the federal government and has indicated it may reject proposals that do not effectively incorporate infrastructure resilience.

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Engineering Tech

How Engineering Answers to Why Cybersecurity is Critical to Realizing the Full Potential of 5G Networks?

Article | July 20, 2022

5G is the next quantum leap in mobile and wireless communication, providing unprecedented speed, capacity, and capabilities. In the 5G world, networks will serve trillions of connected things, and each person will be supported by hundreds of connected devices. In addition to these opportunities, the combination of new capabilities and virtualisation in 5G introduces new threats. 5G has significantly more network end-points that cyber criminals can exploit, and 5G virtualisation means that the entire connection is based on software, which is inherently hackable. Transforming society by reconceptualising the “network” Understanding where the vulnerabilities exist is a critical first step toward protecting 5G networks from cyber threats. This entails implementing a process that involves identifying, profiling, and assessing the health of each component before allowing it to connect to the network, and, if necessary, restricting access to the 5G service based on this assessment. It's known as a zero-trust approach, and it will assist organizations throughout the 5G ecosystem in striking the right balance between business risk and 5G security. 5G Expands Cyber Risks The network is transitioning away from centralized, hardware-based switching and toward distributed, software-defined digital routing. However, in the 5G software defined network, that activity is pushed outward to a web of digital routers spread throughout the network, removing the possibility of chokepoint inspection and control. 5G adds to its cyber vulnerability by virtualizing higher-level network functions previously performed by physical appliances in software. These activities are based on the Internet Protocol common language and well-known operating systems. Even if it were possible to secure the network's software vulnerabilities, the network is also managed by software—often early generation artificial intelligence—that is vulnerable. The dramatic increase in bandwidth that enables 5G opens up new attack vectors. Low-cost, short-range small-cell antennas deployed throughout urban areas become new physical hard targets. Finally, there is the vulnerability created by connecting tens of billions of hackable smart devices (actually, small computers) to the Internet of Things network. Plans are in the works for a diverse and seemingly endless list of IoT-enabled activities, ranging from public safety to battlefield to medical to transportation—all of which are both wonderful and uniquely vulnerable. In this paper, we argue that a zero-trust approach, combined with company leaders focusing on three key pillars—trust, resilience, and enablement—will form the foundation of a sound cyber strategy, allowing companies to roll out 5G quickly and safely.

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Spotlight

Loren Cook Company

At Cook, we move air. We’re experts at it. As innovators in air moving equipment for over 75 years we’ve grown into one of the largest and most respected fan and blower manufacturers in the world. Need to move 30 CFM? How about 300,000 CFM? Either way, we can help. With state-of-the-art R&D and manufacturing capabilities, we design our fans right and build them to last.

Related News

Engineering Tech, Construction

Comfort Systems USA Announces Acquisition

Business Wire | February 01, 2024

Comfort Systems USA, Inc. today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas. As previously disclosed, Summit is a specialty industrial mechanical contractor offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power, and industrial sectors. Summit’s capabilities encompass a wide range of modular and site-based construction, including process piping, equipment setting, large pipe rack trestles, and related steel erection and specialty concrete work. Summit is a trusted supplier to some of the world’s largest advanced technology, power and industrial companies and is currently deployed on several major chip fabrication projects. Initially, Summit is expected to contribute annualized revenues of approximately $375 million to $400 million, and earnings before interest, taxes, depreciation, and amortization of $35 million to $40 million. In light of the amortization expense, Summit is expected to make a neutral to slightly accretive contribution to earnings per share in 2024 and 2025. Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are delighted to announce the closing of our agreement to acquire Summit, an extremely capable provider of modular and other complex mechanical services. Summit brings a stellar reputation as a modular technology leader in growing end markets, including multiple ongoing and large semiconductor projects. We are happy to welcome Summit’s wonderful leadership team and excellent production and craft workers across many states, and we are confident Summit will continue to innovate and grow as a part of our network of world-class contracting companies. We are grateful that Summit has chosen to become part of Comfort Systems USA.”

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Engineering Tech, Construction

PirTano Construction acquires Powerlink Electric

PR Newswire | January 25, 2024

PirTano Construction Company, Inc. ("PirTano"), a leading Midwest-based infrastructure and utility services-focused underground construction company operating in the communications and sewer & water sectors, is pleased to announce its acquisition of Powerlink Electric ("Powerlink"). The transaction closed on November 17, 2023. Mike Piraino, President of PirTano, said, "The acquisition of Powerlink will operate as a new electrical division, and brings additional service offerings and bench strength of employees as we look forward to continuing to support our customers while capitalizing on additional opportunities." Founded in 2006 by Doug Pantle and Steve Lipinski, Powerlink Electric ("Powerlink"), is a full-service electrical and telecommunications contractor based in Vernon Hills, Illinois with an outstanding reputation in its regional marketplace and is well known for the reliability and quality of its service. Powerlink primarily focuses on commercial and industrial projects and operates in Northeastern Illinois and surrounding areas. Powerlink will continue to operate under the current leadership as a wholly owned subsidiary of PirTano. Rising Point Capital ("RPC"), commented on the transaction, "Doug and Steve have built a tremendous reputation in its marketplace. We are very excited to partner with them to help accelerate their growth and with leading a new division at PirTano."Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, served as the exclusive advisor to Powerlink. Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Stephen Dinehart, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Lance Thomasson successfully closed the deal.

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Design, Mechanical and Motion Systems, Engineering Tech

SPX FLOW Launches Universal 2 ND Pump Series Designed Uniquely for Industrial Market

PR Newswire | January 29, 2024

SPX FLOW, has released the Universal® 2 ND Positive Displacement Pump (U2 ND) Series designed with industrial users in mind. The pumps offer the quality and durability the Waukesha Cherry-Burrell brand is known for while optimizing cost and suitability for the industrial market. The U2 ND series significantly expands the WCB pump range, aimed at enhancing reliability and performance across industrial applications while outperforming other pump styles, such as industrial lobe, gear or progressive cavity pumps.The design features improvements uniquely suited for industrial applications, including: Total cost of ownership: The pumps ensure a long running life, given their robust construction materials and designs tailored for each application. Because of its high volumetric efficiency, the pumps can be used to dose fluids, eliminating the need for an additional metering pump.  Efficiency: The U2 ND pump reduces slip, which occurs when fluids move backward from the liquid flow due to internal clearances. Lower slip means more efficiency, reducing the need for higher horsepower motors. Also, the series can process fluids over longer spans due to its high-pressure capability, which reduces the need for multiple pumps in these applications. Reliability: WCB is a proven and trusted global brand dating back to the 1880s. The pumps are made with durable, corrosive-resistant materials compatible with industrial environments. A robust design, equipped with industrial flanges or sanitary fittings, ensures manufacturers can choose the configuration to meet their needs.  Additionally, an extensive sales channel and domestic manufacturing footprint support this pump series, enabling quick deliveries on standardized parts across the entire Universal pump product line. The U2 ND series is complemented by the Universal Industrial 5000 series, which is tailored for users who require OEM (Original Equipment Manufacturer) seals for their industrial pumping operations. Julien Bassett, Pumps Global Product Manager: "Waukesha Cherry-Burrell has extensive experience offering pumps to customers built with their needs in mind. We wanted to expand our offerings to provide quality and durability of the SPX FLOW brand while catering to the unique needs of industrial manufacturers and their applications."

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Engineering Tech, Construction

Comfort Systems USA Announces Acquisition

Business Wire | February 01, 2024

Comfort Systems USA, Inc. today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas. As previously disclosed, Summit is a specialty industrial mechanical contractor offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power, and industrial sectors. Summit’s capabilities encompass a wide range of modular and site-based construction, including process piping, equipment setting, large pipe rack trestles, and related steel erection and specialty concrete work. Summit is a trusted supplier to some of the world’s largest advanced technology, power and industrial companies and is currently deployed on several major chip fabrication projects. Initially, Summit is expected to contribute annualized revenues of approximately $375 million to $400 million, and earnings before interest, taxes, depreciation, and amortization of $35 million to $40 million. In light of the amortization expense, Summit is expected to make a neutral to slightly accretive contribution to earnings per share in 2024 and 2025. Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are delighted to announce the closing of our agreement to acquire Summit, an extremely capable provider of modular and other complex mechanical services. Summit brings a stellar reputation as a modular technology leader in growing end markets, including multiple ongoing and large semiconductor projects. We are happy to welcome Summit’s wonderful leadership team and excellent production and craft workers across many states, and we are confident Summit will continue to innovate and grow as a part of our network of world-class contracting companies. We are grateful that Summit has chosen to become part of Comfort Systems USA.”

Read More

Engineering Tech, Construction

PirTano Construction acquires Powerlink Electric

PR Newswire | January 25, 2024

PirTano Construction Company, Inc. ("PirTano"), a leading Midwest-based infrastructure and utility services-focused underground construction company operating in the communications and sewer & water sectors, is pleased to announce its acquisition of Powerlink Electric ("Powerlink"). The transaction closed on November 17, 2023. Mike Piraino, President of PirTano, said, "The acquisition of Powerlink will operate as a new electrical division, and brings additional service offerings and bench strength of employees as we look forward to continuing to support our customers while capitalizing on additional opportunities." Founded in 2006 by Doug Pantle and Steve Lipinski, Powerlink Electric ("Powerlink"), is a full-service electrical and telecommunications contractor based in Vernon Hills, Illinois with an outstanding reputation in its regional marketplace and is well known for the reliability and quality of its service. Powerlink primarily focuses on commercial and industrial projects and operates in Northeastern Illinois and surrounding areas. Powerlink will continue to operate under the current leadership as a wholly owned subsidiary of PirTano. Rising Point Capital ("RPC"), commented on the transaction, "Doug and Steve have built a tremendous reputation in its marketplace. We are very excited to partner with them to help accelerate their growth and with leading a new division at PirTano."Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, served as the exclusive advisor to Powerlink. Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Stephen Dinehart, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Lance Thomasson successfully closed the deal.

Read More

Design, Mechanical and Motion Systems, Engineering Tech

SPX FLOW Launches Universal 2 ND Pump Series Designed Uniquely for Industrial Market

PR Newswire | January 29, 2024

SPX FLOW, has released the Universal® 2 ND Positive Displacement Pump (U2 ND) Series designed with industrial users in mind. The pumps offer the quality and durability the Waukesha Cherry-Burrell brand is known for while optimizing cost and suitability for the industrial market. The U2 ND series significantly expands the WCB pump range, aimed at enhancing reliability and performance across industrial applications while outperforming other pump styles, such as industrial lobe, gear or progressive cavity pumps.The design features improvements uniquely suited for industrial applications, including: Total cost of ownership: The pumps ensure a long running life, given their robust construction materials and designs tailored for each application. Because of its high volumetric efficiency, the pumps can be used to dose fluids, eliminating the need for an additional metering pump.  Efficiency: The U2 ND pump reduces slip, which occurs when fluids move backward from the liquid flow due to internal clearances. Lower slip means more efficiency, reducing the need for higher horsepower motors. Also, the series can process fluids over longer spans due to its high-pressure capability, which reduces the need for multiple pumps in these applications. Reliability: WCB is a proven and trusted global brand dating back to the 1880s. The pumps are made with durable, corrosive-resistant materials compatible with industrial environments. A robust design, equipped with industrial flanges or sanitary fittings, ensures manufacturers can choose the configuration to meet their needs.  Additionally, an extensive sales channel and domestic manufacturing footprint support this pump series, enabling quick deliveries on standardized parts across the entire Universal pump product line. The U2 ND series is complemented by the Universal Industrial 5000 series, which is tailored for users who require OEM (Original Equipment Manufacturer) seals for their industrial pumping operations. Julien Bassett, Pumps Global Product Manager: "Waukesha Cherry-Burrell has extensive experience offering pumps to customers built with their needs in mind. We wanted to expand our offerings to provide quality and durability of the SPX FLOW brand while catering to the unique needs of industrial manufacturers and their applications."

Read More

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