Infrastructure Policy Watch: UKIB goes live, Singapore brings in global sustainability experts

The new UK Infrastructure Bank (UKIB) recently opened, with its remit confirmed by the UK government in a new Framework Document.

The document sets out the role of the bank as providing: "leadership to the market in the development of infrastructure and new infrastructure technologies, crowding-in private capital and reducing risk through its cornerstone investments and range of financial products. It will bolster the government’s lending to local government for large and complex projects through its expertise and scrutiny, and help to bring private and public sector stakeholders together to regenerate regions and create new opportunities."

It will have two strategic objectives, to help tackle climate change and support regional and local economic growth. Given these two objectives may conflict, the Framework Document suggests "where an investment is primarily to support economic growth, the Company will ensure that it does not do significant harm against its climate objective."

Spotlight

Shawmut Corporation

Shawmut Corporation is the premier provider of engineered flexible multi-layer materials for automotive, medical and other applications. We offer our customers the widest range of lamination processes available, and as a result, enjoy technological and market leadership position in many of the markets we serve. Our expertise results from unending search for innovative processes and capabilities that add value to our existing customers and help us grow our business.

OTHER ARTICLES
Engineering Tech

The latest on ICE's second UK infrastructure assessment consultation

Article | August 4, 2021

ICE Policy and Public Affairs recently launched a discussion paper and consultation on what should be in the second National Infrastructure Assessment (NIA). The work progresses the institution’s aims to influence infrastructure policy at a systems level. This autumn, the National Infrastructure Commission (NIC) will publish its baseline assessment of the current state of key infrastructure sectors, along with proposals for the strategic themes and main priorities of the second NIA expected in 2023. Having been closely involved in both the establishment of the NIC in 2013 and the first NIA in 2018, our consultation asks what the core considerations of NIA2 should be – including net-zero, levelling-up and climate resilience – and explores which demand drivers have changed since the first NIA. Through this paper, we’re seeking to shape the wider infrastructure policy debate, consistently and over a number of years, by examining what our long-term infrastructure should look like – and most importantly, ensure it delivers the sustainable future outcomes we need it to. Look out for more updates later this year on ICE’s work in this area.

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Engineering Tech

The Future of Acoustical Engineering

Article | July 19, 2021

Since we first learned to record sounds on wax tubes that could be played back on phonographs, humanity has come a long way. While setting up one of these antique music players and hearing what audio enthusiasts listened to in the late 1800s is interesting, it pales in comparison to the advances we've made. What are some of the most exciting recent acoustic engineering advances, and what does the future of acoustic engineering look like? Recent Audio Engineering Advances Inflatable concert halls have appeared in the most unexpected places, providing sound engineers with the perfect canvas to create the ideal stage for musical acts. Once the structure has been inflated and is ready to go, sound engineers can manipulate the interior acoustics in the same way. Acoustic engineers can use 3D impulse response management to create a 3D visualization of a room's acoustics using a set of microphones. This makes it easier to identify problem areas that would otherwise be difficult to identify with the human ear. Adding augmented or virtual reality to the mix introduces the practice of acoustic holography, which allows engineers to create a picture of the sound patterns in real-time. This could be useful for engineers concerned about noise pollution as well as those attempting to create the ideal acoustics for a musical performance or play. What Does the Future Hold for Acoustical Engineering? It's exciting to see how far the acoustical engineering industry has come, and even more exciting to see what the future may hold. What do acoustical engineers hope to achieve? Acoustic Metamaterials Gesture Control 3D Audio Music Recordings Although many people are unfamiliar with the term "acoustic engineering," it is a type of engineering that most people are likely to encounter on a daily basis. The future of acoustical engineering is bright, and we'll most likely see a lot of changes that make it easier to immerse ourselves in the perfect audio experience over the next few decades.

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Engineering Tech

What is Environmental Engineering?

Article | July 14, 2022

Environmental regulations are tightening, resource extraction sites are nearing the end of their useful lives and must be cleaned up, and the list goes on. Environmental engineers are needed to take advantage of these career opportunities in order to ensure that human impact on the environment is sustainable. But exactly what is environmental engineering? What is Environmental Engineering? Environmental engineering entails both the protection of people from the environment and the protection of the environment from people. Environmental engineers, for example, help to protect people's health from the effects of pollution by designing pollution mitigation systems. When an environmental engineer, on the other hand, designs a system that treats waste to ensure that any spills into groundwater are less toxic, they are protecting the environment from the negative effects of humans. Environmental engineers rely on knowledge from a variety of disciplines, including chemistry, geology, physics, biology, soil science, and others, to complete their work; it is a highly interdisciplinary field. In which industries can environmental engineers work? Environmental engineers work in a wide range of industries and for a wide range of companies due to the wide range of tasks they perform. In this section, we will look at some of the most common areas in which they work. Oil, mining, and forestry are all resource industries that have a significant environmental impact. Companies in these industries frequently hire environmental engineers to minimize the impact these industries have on the environment in order to comply with government environmental regulations. For example, in the mining industry, an environmental engineer may be hired to treat mine waste to make it less toxic. Many environmental engineers go on to work for government agencies, assisting in the verification of companies' compliance with environmental regulations and, in some cases, developing environmental regulations themselves. Public infrastructure projects, such as dams and bridges, are another area where environmental engineers are needed. They are required to ensure that the environmental impact of these projects is kept to a minimum. Environmental engineers are responsible for safeguarding the environment against human impact as well as safeguarding humans against any serious negative effects caused by the environment. They can work in the resource industry, government, education, research, environmental clean-up companies, and engineering consulting firms. Environmental engineers are more needed than ever as stricter environmental regulations take effect around the world and there is a greater need to clean up anything that has a significant impact on the environment.

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Construction

The Top 5 Most Helpful Tools for Architects

Article | May 19, 2021

Creating unique, aesthetically pleasing, and viable architectural designs takes time – but this process can be greatly accelerated with the right tools. Using advanced architectural CAD drafting software, architects can model and visualize any design they can imagine, providing complete freedom.

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Spotlight

Shawmut Corporation

Shawmut Corporation is the premier provider of engineered flexible multi-layer materials for automotive, medical and other applications. We offer our customers the widest range of lamination processes available, and as a result, enjoy technological and market leadership position in many of the markets we serve. Our expertise results from unending search for innovative processes and capabilities that add value to our existing customers and help us grow our business.

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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