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Is Climate Affecting The Construction Industry?

March 2, 2018 | 38 views

With much talk about climate change both politically and socially, citizens and the business world have started to calculate the way in which climate change will alter how we live and work. In the past, the construction industry has made a number of speculations about how it would change as the planet gets warmer, however, changes have only started coming in light of the rising temperatures and their effects on the industry.

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What is Environmental Engineering?

Article | September 27, 2021

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

Midyear Deals in Engineering 2022

Article | July 14, 2022

Recent M&A activity has slowed slightly in 2022, owing primarily to economic and geopolitical uncertainty. In the short term, deal activity is expected to remain stable. This continued investment is expected to be driven by capital availability, private equity (PE) investors, and strategic balance sheet strength. Despite a drop in deal volume in the last quarter, deal activity remained consistent with pre-pandemic levels. Volumes in the four quarters ending in the first quarter of 2022 exceeded pre-pandemic levels by 18%. Deal values fell in the last two quarters due to fewer megadeals (deals worth at least $1 billion), as companies became warier of complications arising from government approvals. With the exception of construction machinery, North American activity drove deal volume growth over the last four quarters across all engineering and construction (E & C) subsectors. This region saw a shift toward local, strategic investor transactions, emphasising the impact of global economic headwinds. Prospects for Engineering Transactions Despite headwinds from slowing economic activity, rising interest rates, and cost pressure from rising material costs, increased competition for labor, and ongoing supply chain issues, the outlook for E & C sector deal activity remains positive, driven by the continued availability of capital and bolstered by the Infrastructure Investment and Jobs Act. The recent improvement in the performance of the residential market is expected to continue, owing to historically low interest rates, a housing gap caused by underbuilding over the last decade, the millennial generation entering prime home-buying age, and housing inventory near all-time lows. The non-residential market is expected to expand, but the outlook varies by sector. Transportation, manufacturing, and education are expected to benefit from infrastructure spending, while construction spending on offices and hotels is expected to decline, owing to continued remote working and business travel trends post-pandemic. “E&C deal activity is expected to remain stable due to the Infrastructure Investment and Jobs Act, private equity and corporate dry powder, realignment of end market exposure and acquisition of new technologies to support operations, despite the impact of inflation, supply chain disruption, labor shortages, and the war in Ukraine.” - Danny Bitar, US Engineering and Construction Deals Leader in the United States

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ENGINEERING TECH

Industrial Robots Popular for Engineering

Article | July 20, 2022

The report "Global Industrial Robot Market: Analysis by Industry, by Type, by Region, Size and Trends with Impact of COVID-19 and Forecast Up to 2026" valued the global industrial robot market at $33.90 billion in 2021 and projected it to $61.09 billion by 2026. Because of increased productivity and efficiency, lower manufacturing costs, and lower overall product purchase prices. Industry 4.0 has accelerated the development of collaborative robots and artificial intelligence (AI)-enabled robots, allowing industries to streamline processes, increase productivity, and reduce errors. Sectors are investing in robotic systems as the next generation of industrial robots becomes cheaper, autonomous, more mobile, cooperative, and adaptable. During the forecast period of 2022 to 2026, the industrial robot market is expected to grow at a CAGR of 12.50%. The Dynamics of the global industrial robot market Growth Drivers: Automation boosts productivity, raises quality, and decreases errors. Rising automation demand has increased the adoption of robots in various industries, and rising automation demand is a major market driver. The growing electronics industry, rapid installation of industrial robots, high wages, and the growing role of AI in robotics are all expected to drive growth in the industrial robot market. Challenges: The purchase and installation of robots requires significant capital investment, and the benefits provided may take many years to outweigh the initial cost. The high initial investment required for industrial robot-assisted production automation may act as a barrier to the market's growth. Other market challenges include safety concerns and privacy concerns. Trends: The development of collaborative robots, or co-bots, is a growing trend in robotics. Cobots are designed to collaborate with humans and are increasingly being used in industrial applications. Cobots use safety-rated sensors, which allow laborers to work in the same area without being harmed. Other trends that are expected to drive the growth of the engineering industry with the help of robot market during the forecasted period include the use of micro-electromechanical systems (MEMS), the rise of the cloud robotics market, next-generation tech accessories, and job opportunities in industrial robotic advancements.

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MARKET,ENGINEERING TECH

Top Software Engineering Trends That Will Prevail in 2022

Article | July 11, 2022

With the emergence of new technologies and a greater emphasis on customer centricity, businesses are rapidly shifting to intelligent software engineering services to drive innovation across products and services and provide real-life, superior user experiences. Future-ready organizations use next-generation software engineering services wisely to align development requirements with business objectives, accelerate the software lifecycle (from pre-maturity to completion), and optimize software performance. Innovative software engineering solutions can help organizations launch dependable, scalable, and high-quality apps faster, revamp their business models, and build strong and secure IT infrastructures - all while capitalizing on new growth opportunities. Modernization: Customer Centric Apps According to Gartner, by 2022, more than 75% of global organizations will be running containerized applications in production. A container is the entire run-time environment bundled into a single package, including applications, system libraries, configuration files, settings, and other binaries. Containers enable faster development, testing, deployment, and re-engineering of apps across multiple environments, including local laptops, on-premise data centers, and cloud platforms. A Power Up: A Creative Future with Generative AI A new disruptive technology, generative AI, enables organizations to create artifacts that previously required human expertise, allowing for breakthrough innovation in the fields of content, visual arts, design, and other creative activities. In the near future, the technology is expected to revolutionize the field of software engineering. No Code Law: Democratization of Software No code-low code application development platforms will continue to gain traction in organizations. These platforms enable citizen developers – non-technical business users in organizations – to create compelling apps in a more efficient and convenient manner. Rise in Event-Driven Architecture When an event is detected, it is routed through event channels from event producer to event consumer. This allows the services to be decoupled, allowing them to be acted on, scaled, and deployed in a seamless and independent manner. Intelligent software engineering services can be used to launch new products and services in new industries and fields. At Innover, we provide premier software engineering services that assist clients in developing proven, custom applications that customers want, reinventing their core capabilities, and delivering cutting-edge industrial solutions with speed and precision.

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MARKET

The Semiconductor Chip Shortage

Article | September 27, 2021

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

Zero-Energy Buildings: An Engineering Solution for Ecosystem

Article | July 14, 2022

Recent M&A activity has slowed slightly in 2022, owing primarily to economic and geopolitical uncertainty. In the short term, deal activity is expected to remain stable. This continued investment is expected to be driven by capital availability, private equity (PE) investors, and strategic balance sheet strength. Despite a drop in deal volume in the last quarter, deal activity remained consistent with pre-pandemic levels. Volumes in the four quarters ending in the first quarter of 2022 exceeded pre-pandemic levels by 18%. Deal values fell in the last two quarters due to fewer megadeals (deals worth at least $1 billion), as companies became warier of complications arising from government approvals. With the exception of construction machinery, North American activity drove deal volume growth over the last four quarters across all engineering and construction (E & C) subsectors. This region saw a shift toward local, strategic investor transactions, emphasising the impact of global economic headwinds. Prospects for Engineering Transactions Despite headwinds from slowing economic activity, rising interest rates, and cost pressure from rising material costs, increased competition for labor, and ongoing supply chain issues, the outlook for E & C sector deal activity remains positive, driven by the continued availability of capital and bolstered by the Infrastructure Investment and Jobs Act. The recent improvement in the performance of the residential market is expected to continue, owing to historically low interest rates, a housing gap caused by underbuilding over the last decade, the millennial generation entering prime home-buying age, and housing inventory near all-time lows. The non-residential market is expected to expand, but the outlook varies by sector. Transportation, manufacturing, and education are expected to benefit from infrastructure spending, while construction spending on offices and hotels is expected to decline, owing to continued remote working and business travel trends post-pandemic. “E&C deal activity is expected to remain stable due to the Infrastructure Investment and Jobs Act, private equity and corporate dry powder, realignment of end market exposure and acquisition of new technologies to support operations, despite the impact of inflation, supply chain disruption, labor shortages, and the war in Ukraine.” - Danny Bitar, US Engineering and Construction Deals Leader in the United States

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ENGINEERING TECH

The Future of Acoustical Engineering

Article | July 20, 2022

The report "Global Industrial Robot Market: Analysis by Industry, by Type, by Region, Size and Trends with Impact of COVID-19 and Forecast Up to 2026" valued the global industrial robot market at $33.90 billion in 2021 and projected it to $61.09 billion by 2026. Because of increased productivity and efficiency, lower manufacturing costs, and lower overall product purchase prices. Industry 4.0 has accelerated the development of collaborative robots and artificial intelligence (AI)-enabled robots, allowing industries to streamline processes, increase productivity, and reduce errors. Sectors are investing in robotic systems as the next generation of industrial robots becomes cheaper, autonomous, more mobile, cooperative, and adaptable. During the forecast period of 2022 to 2026, the industrial robot market is expected to grow at a CAGR of 12.50%. The Dynamics of the global industrial robot market Growth Drivers: Automation boosts productivity, raises quality, and decreases errors. Rising automation demand has increased the adoption of robots in various industries, and rising automation demand is a major market driver. The growing electronics industry, rapid installation of industrial robots, high wages, and the growing role of AI in robotics are all expected to drive growth in the industrial robot market. Challenges: The purchase and installation of robots requires significant capital investment, and the benefits provided may take many years to outweigh the initial cost. The high initial investment required for industrial robot-assisted production automation may act as a barrier to the market's growth. Other market challenges include safety concerns and privacy concerns. Trends: The development of collaborative robots, or co-bots, is a growing trend in robotics. Cobots are designed to collaborate with humans and are increasingly being used in industrial applications. Cobots use safety-rated sensors, which allow laborers to work in the same area without being harmed. Other trends that are expected to drive the growth of the engineering industry with the help of robot market during the forecasted period include the use of micro-electromechanical systems (MEMS), the rise of the cloud robotics market, next-generation tech accessories, and job opportunities in industrial robotic advancements.

Read More
MARKET,ENGINEERING TECH

Top Software Engineering Trends That Will Prevail in 2022

Article | July 11, 2022

With the emergence of new technologies and a greater emphasis on customer centricity, businesses are rapidly shifting to intelligent software engineering services to drive innovation across products and services and provide real-life, superior user experiences. Future-ready organizations use next-generation software engineering services wisely to align development requirements with business objectives, accelerate the software lifecycle (from pre-maturity to completion), and optimize software performance. Innovative software engineering solutions can help organizations launch dependable, scalable, and high-quality apps faster, revamp their business models, and build strong and secure IT infrastructures - all while capitalizing on new growth opportunities. Modernization: Customer Centric Apps According to Gartner, by 2022, more than 75% of global organizations will be running containerized applications in production. A container is the entire run-time environment bundled into a single package, including applications, system libraries, configuration files, settings, and other binaries. Containers enable faster development, testing, deployment, and re-engineering of apps across multiple environments, including local laptops, on-premise data centers, and cloud platforms. A Power Up: A Creative Future with Generative AI A new disruptive technology, generative AI, enables organizations to create artifacts that previously required human expertise, allowing for breakthrough innovation in the fields of content, visual arts, design, and other creative activities. In the near future, the technology is expected to revolutionize the field of software engineering. No Code Law: Democratization of Software No code-low code application development platforms will continue to gain traction in organizations. These platforms enable citizen developers – non-technical business users in organizations – to create compelling apps in a more efficient and convenient manner. Rise in Event-Driven Architecture When an event is detected, it is routed through event channels from event producer to event consumer. This allows the services to be decoupled, allowing them to be acted on, scaled, and deployed in a seamless and independent manner. Intelligent software engineering services can be used to launch new products and services in new industries and fields. At Innover, we provide premier software engineering services that assist clients in developing proven, custom applications that customers want, reinventing their core capabilities, and delivering cutting-edge industrial solutions with speed and precision.

Read More
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Walker Partners Engineers

We believe that everyone in our company is a partner - even our clients. We're not just another vendor to get a project done. We're here as part of the team. And, with over 300 years of combined experience, we're a great partner to have around.

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ENGINEERING TECH,CONSTRUCTION

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

SAUERESSIG Group | August 18, 2022

Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries uses in electric vehicles and components for hydrogen fuel cells and electrolyzers, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. R+S Automotive is a specialty engineering services provider of automation, plant and tooling concepts for automotive manufacturing companies around the world. The Company plans to integrate OLBRICH and R+S Automotive with its Saueressig Engineering and Energy business, part of its Industrial Technologies segment focused on high-precision engineering for a broad range of industrial automation applications including high-tech custom energy solutions, surfaces, marking, and coding systems. Joseph C. Bartolacci, President and Chief Executive Officer of Matthews International, stated, “We are extremely excited to acquire OLBRICH and R+S Automotive as part of our long-term strategy to offer an extended portfolio of purpose-built engineered equipment and services for the burgeoning electric vehicle and broader green energy market. Our combined capabilities offer innovative solutions to accelerate development of an end-to-end solution for dry-electrode battery production and other energy solutions. Together, our offering will have significant impact on the mass market adoption of electric vehicles and benefit the entire energy solutions industry. This strategic acquisition continues our investment in technologies and accelerates commercializing new innovations across multiple industrial automation applications.” “Matthews is the right partner for our future, OLBRICH, like Matthews, is making great strides in helping to scale up the manufacturing of hydrogen fuel cell components. With OLBRICH’s recent order for a mass production line for gas diffusion layers (GDL), and Matthews’ strength in the field of bipolar plates, our combined portfolio is well positioned to create a market force not only as a supplier to OEMs but also as a key production partner across Energy, Specialty & Pharma, Packaging and Home Décor.” -Bastian Kuhl, CEO of OLBRICH and R+S Automotive. With the acquisition of OLBRICH and R+S Automotive, Matthews International expands its global presence and solidifies itself as a key player in the energy solutions sector. About Matthews International Corporation: Matthews International Corporation is a global provider of industrial technologies, memorialization products and brand solutions. The Industrial Technologies segment designs, manufactures, services and distributes high-tech custom energy storage, marking, coding and industrial automation technologies and solutions. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. The SGK Brand Solutions segment is a leading provider of packaging solutions and brand experiences, helping companies simplify their marketing, amplify their brands and provide value. The Company has approximately 11,000 employees in more than 26 countries on six continents that are committed to delivering the highest quality products and services. About SAUERESSIG Group: SAUERESSIG Group brings together the business units packaging, elastomers, surfaces, engineering, rollers and e.GEN under a common umbrella brand. As a leading international supplier along the pre-press stage as well as of rotary tools for gravure and flexographic printing processes, embossing rollers and cutting and creasing tools, SAUERESSIG Group offers a comprehensive expertise. SAUERESSIG works on forward-looking research projects and invests in the development of intelligent workflows and digital solutions. As an innovator for special machine construction in the field of future oriented battery and energy storage technology, individual solutions are developed for pioneers of tomorrow. Brand manufacturer, printers and converters as well as renowned manufacturers of modern energy storage technologies benefit from solution-oriented innovations, decades of experience and maximum flexibility. Within currently 13 production sites SAUERESSIG Group has a strong global network. Worldwide presence enables an optimal development, implementation and support of international projects at any time. About OLBRICH: OLBRICH GmbH was founded in 1949 and together with its brand Polytype Converting®, the machine builder has today become one of the world's leading companies in the field of production machinery and equipment for the manufacture of web-shaped products. Battery foils, labels, release materials, sustainable paper and packaging materials as well as wallcoverings, floorcoverings, adhesive tapes and technical textiles are exemplary products manufactured on the lines. OLBRICH has a full value chain including engineering and manufacturing as well as state-of-the-art technical centers in Bocholt (DE) and Fribourg (CH). Today, OLBRICH has approximately 450 employees. OLBRICH is headquartered in Bocholt (DE) and has additional locations in Hamburg (DE), Fribourg (CH) and Jiangyin City (CN). About R+S Automotive: R+S Automotive GmbH is an important manufacturer of machines and tools for the production of interior and exterior components for the automotive industry, such as door panels, dashboards or rear shelves. R+S Automotive has a fully integrated value chain including engineering and production as well as a technical center on an area of 1,100 sqm designed to support comprehensive technical services and customer-oriented development. Today, R+S Automotive has approximately 350 employees. R+S Automotive is headquartered in Bocholt (DE) and has additional subsidiaries in Holoubkov (CZ), Jiangyin (CN), and Comstock Park, MI (USA).

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SAFETY AND REGULATION,ENGINEERING TECH

Trimble RTX Integrity Validates Positioning Data Accuracy to Support Safety-Critical Applications

Trimble | August 12, 2022

Trimble (NASDAQ: TRMB) introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network, which is broadcast to users in the agriculture, geospatial, construction and automotive industries, ensuring positioning data is right the first time. Through a unique two-step process, the Trimble RTX Integrity system verifies the integrity of GNSS data received from satellites and filters faulty information in the network server before the data is broadcast. A secondary post-broadcast check is conducted on the entire data transmission process where additional errors may be detected and removed. The integrity monitoring system is fully automated and reacts in seconds to detect, isolate and block faulty data to provide even more highly accurate and reliable positioning. Trimble RTX Integrity is comprised of independent monitoring stations strategically positioned across RTX Fast networks in the United States, southern Canada and across Europe. These stations continuously monitor data output during multiple stages of the Trimble RTX positioning process. Any suspicious satellite data is removed during the integrity protection process and positioning is calculated using only validated data. Trimble Alloy™ GNSS reference receivers power the independent monitoring stations using redundant internet connectivity for added reliability. To date, no other positioning network offers the same level of data integrity validation across such expansive, contiguous geographies. Trimble RTX Integrity monitoring system was developed in accordance with Automotive Software Performance Improvement and Capability dEtermination (ASPICE) and ISO 26262 automotive safety standards, making it easy to integrate into major automotive manufacturers' autonomous driving systems. Trimble RTX Integrity can also be used by Trimble's customers in the agriculture, geospatial and construction industries to ensure correction stream integrity and reliability for applications such as machine control and high-accuracy surveying applications. "Trimble remains committed to exceeding expectations by providing accurate corrections to our customers to support safety-critical and other day-to-day applications, Implementing additional checks and balances to ensure our data is authenticated, trustworthy and accurate is of paramount importance to maintaining the integrity of our RTX network and instilling confidence with our users that the data is correct." -Patricia Boothe, SVP of autonomy, Trimble. About Trimble Autonomy: Trimble Autonomy delivers leading positioning and orientation technology to major industrial markets worldwide. This approach to autonomy is built on decades of engineering expertise, system intelligence and field-proven solutions, covering billions of acres and millions of miles. Trimble's autonomous technology enables advanced action in any environment, designed to meet the unique needs of our customers no matter where they are on their autonomy journey. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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ENGINEERING TECH,CONSTRUCTION

Sciens Building Solutions Finalizes San Antonio Acquisition

Sciens Building Solutions | August 12, 2022

Sciens Building Solutions ("Sciens") today announced it has acquired San Antonio, Texas-based Fire Alarm Control Systems, Inc. ("FACS"). In a string of successful acquisitions, this is another that Sciens has made since being established in 2016 to pursue an invest-and-grow strategy in the fire detection and integrated solutions sector. As Sciens continues on its rapid growth trajectory, the company plans to establish an expanded presence in the state of Texas, starting with FACS in the south-central region. "The approach Sciens has taken, and the great companies it has chosen to partner with, is a true testament to the infinite potential of this platform and what it brings to the important fire-life safety industry, We are proud to be part of the ongoing growth Sciens has experienced – and will continue to experience – as it will bring an even higher level of customer service, cross-collaboration, and employee opportunities for the FACS family." -Duane Hannasch, president of FACS, who will remain in his current role. Fire Alarm Control Systems, Inc. was founded in 1995 as a small business, with operations in the San Antonio and South Texas areas, with a primary focus on the provision of fire alarm and voice communication systems for commercial, educational, and federal government facilities. FACS has since expanded its expertise to include intercom, public address, and mass notification systems. Duane Hannasch and Joe Ebrom run the company. Duane has over 35 years of experience in the life safety industry and has been involved with many projects providing solutions for high-profile facilities at the area's military bases. Joe joined the FACS team in 1997 as Vice President and Partner and brought an expanded customer base to the company. Prior, Joe held positions as branch manager and regional manager of major manufacturing companies in the life safety industries. "Our entry into Texas kicks off with the phenomenal team at FACS in San Antonio and its tremendous leaders in Duane and Joe, The addition of this first-class company allows us to make our mark in a new region, where we will continue to expand our statewide and national presence whilst on this exciting, growth-focused journey." -Terry Heath, Chief Executive Officer Sciens. About Sciens Building Solutions: Headquartered in San Francisco, CA, and backed by The Carlyle Group, Sciens Building Solutions is a holding company focused on the fire detection and security services sector. This includes the design, installation, and provision of maintenance services for fire detection and clean agent fire suppression systems in a variety of commercial, institutional, and government facilities. About Fire Alarm Control Systems: Fire Alarm Control Systems, Inc. was founded in 1995 as a small business and operates in the San Antonio and South Texas areas. With its primary focus on providing fire alarm and voice communication systems for commercial, educational, and federal government facilities, FACS has expanded its expertise in intercom, public address, and mass notification systems. The company has on staff two state-licensed planners – one NICET Level IV-certified and one NICET Level III-certified – with over 60 combined years of experience. Every fire technician at FACS is state-licensed and factory-trained with several also being NICET II-certified.

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ENGINEERING TECH,CONSTRUCTION

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

SAUERESSIG Group | August 18, 2022

Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries uses in electric vehicles and components for hydrogen fuel cells and electrolyzers, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. R+S Automotive is a specialty engineering services provider of automation, plant and tooling concepts for automotive manufacturing companies around the world. The Company plans to integrate OLBRICH and R+S Automotive with its Saueressig Engineering and Energy business, part of its Industrial Technologies segment focused on high-precision engineering for a broad range of industrial automation applications including high-tech custom energy solutions, surfaces, marking, and coding systems. Joseph C. Bartolacci, President and Chief Executive Officer of Matthews International, stated, “We are extremely excited to acquire OLBRICH and R+S Automotive as part of our long-term strategy to offer an extended portfolio of purpose-built engineered equipment and services for the burgeoning electric vehicle and broader green energy market. Our combined capabilities offer innovative solutions to accelerate development of an end-to-end solution for dry-electrode battery production and other energy solutions. Together, our offering will have significant impact on the mass market adoption of electric vehicles and benefit the entire energy solutions industry. This strategic acquisition continues our investment in technologies and accelerates commercializing new innovations across multiple industrial automation applications.” “Matthews is the right partner for our future, OLBRICH, like Matthews, is making great strides in helping to scale up the manufacturing of hydrogen fuel cell components. With OLBRICH’s recent order for a mass production line for gas diffusion layers (GDL), and Matthews’ strength in the field of bipolar plates, our combined portfolio is well positioned to create a market force not only as a supplier to OEMs but also as a key production partner across Energy, Specialty & Pharma, Packaging and Home Décor.” -Bastian Kuhl, CEO of OLBRICH and R+S Automotive. With the acquisition of OLBRICH and R+S Automotive, Matthews International expands its global presence and solidifies itself as a key player in the energy solutions sector. About Matthews International Corporation: Matthews International Corporation is a global provider of industrial technologies, memorialization products and brand solutions. The Industrial Technologies segment designs, manufactures, services and distributes high-tech custom energy storage, marking, coding and industrial automation technologies and solutions. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. The SGK Brand Solutions segment is a leading provider of packaging solutions and brand experiences, helping companies simplify their marketing, amplify their brands and provide value. The Company has approximately 11,000 employees in more than 26 countries on six continents that are committed to delivering the highest quality products and services. About SAUERESSIG Group: SAUERESSIG Group brings together the business units packaging, elastomers, surfaces, engineering, rollers and e.GEN under a common umbrella brand. As a leading international supplier along the pre-press stage as well as of rotary tools for gravure and flexographic printing processes, embossing rollers and cutting and creasing tools, SAUERESSIG Group offers a comprehensive expertise. SAUERESSIG works on forward-looking research projects and invests in the development of intelligent workflows and digital solutions. As an innovator for special machine construction in the field of future oriented battery and energy storage technology, individual solutions are developed for pioneers of tomorrow. Brand manufacturer, printers and converters as well as renowned manufacturers of modern energy storage technologies benefit from solution-oriented innovations, decades of experience and maximum flexibility. Within currently 13 production sites SAUERESSIG Group has a strong global network. Worldwide presence enables an optimal development, implementation and support of international projects at any time. About OLBRICH: OLBRICH GmbH was founded in 1949 and together with its brand Polytype Converting®, the machine builder has today become one of the world's leading companies in the field of production machinery and equipment for the manufacture of web-shaped products. Battery foils, labels, release materials, sustainable paper and packaging materials as well as wallcoverings, floorcoverings, adhesive tapes and technical textiles are exemplary products manufactured on the lines. OLBRICH has a full value chain including engineering and manufacturing as well as state-of-the-art technical centers in Bocholt (DE) and Fribourg (CH). Today, OLBRICH has approximately 450 employees. OLBRICH is headquartered in Bocholt (DE) and has additional locations in Hamburg (DE), Fribourg (CH) and Jiangyin City (CN). About R+S Automotive: R+S Automotive GmbH is an important manufacturer of machines and tools for the production of interior and exterior components for the automotive industry, such as door panels, dashboards or rear shelves. R+S Automotive has a fully integrated value chain including engineering and production as well as a technical center on an area of 1,100 sqm designed to support comprehensive technical services and customer-oriented development. Today, R+S Automotive has approximately 350 employees. R+S Automotive is headquartered in Bocholt (DE) and has additional subsidiaries in Holoubkov (CZ), Jiangyin (CN), and Comstock Park, MI (USA).

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SAFETY AND REGULATION,ENGINEERING TECH

Trimble RTX Integrity Validates Positioning Data Accuracy to Support Safety-Critical Applications

Trimble | August 12, 2022

Trimble (NASDAQ: TRMB) introduced today data integrity monitoring for its precise point positioning (PPP) correction service, CenterPoint® RTX Fast. The Trimble RTX Integrity™ monitoring system is an innovative, patented solution, built in direct response to client requirements for production-ready applications. It continuously validates the reliability of correction data processed by the network, which is broadcast to users in the agriculture, geospatial, construction and automotive industries, ensuring positioning data is right the first time. Through a unique two-step process, the Trimble RTX Integrity system verifies the integrity of GNSS data received from satellites and filters faulty information in the network server before the data is broadcast. A secondary post-broadcast check is conducted on the entire data transmission process where additional errors may be detected and removed. The integrity monitoring system is fully automated and reacts in seconds to detect, isolate and block faulty data to provide even more highly accurate and reliable positioning. Trimble RTX Integrity is comprised of independent monitoring stations strategically positioned across RTX Fast networks in the United States, southern Canada and across Europe. These stations continuously monitor data output during multiple stages of the Trimble RTX positioning process. Any suspicious satellite data is removed during the integrity protection process and positioning is calculated using only validated data. Trimble Alloy™ GNSS reference receivers power the independent monitoring stations using redundant internet connectivity for added reliability. To date, no other positioning network offers the same level of data integrity validation across such expansive, contiguous geographies. Trimble RTX Integrity monitoring system was developed in accordance with Automotive Software Performance Improvement and Capability dEtermination (ASPICE) and ISO 26262 automotive safety standards, making it easy to integrate into major automotive manufacturers' autonomous driving systems. Trimble RTX Integrity can also be used by Trimble's customers in the agriculture, geospatial and construction industries to ensure correction stream integrity and reliability for applications such as machine control and high-accuracy surveying applications. "Trimble remains committed to exceeding expectations by providing accurate corrections to our customers to support safety-critical and other day-to-day applications, Implementing additional checks and balances to ensure our data is authenticated, trustworthy and accurate is of paramount importance to maintaining the integrity of our RTX network and instilling confidence with our users that the data is correct." -Patricia Boothe, SVP of autonomy, Trimble. About Trimble Autonomy: Trimble Autonomy delivers leading positioning and orientation technology to major industrial markets worldwide. This approach to autonomy is built on decades of engineering expertise, system intelligence and field-proven solutions, covering billions of acres and millions of miles. Trimble's autonomous technology enables advanced action in any environment, designed to meet the unique needs of our customers no matter where they are on their autonomy journey. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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ENGINEERING TECH,CONSTRUCTION

Sciens Building Solutions Finalizes San Antonio Acquisition

Sciens Building Solutions | August 12, 2022

Sciens Building Solutions ("Sciens") today announced it has acquired San Antonio, Texas-based Fire Alarm Control Systems, Inc. ("FACS"). In a string of successful acquisitions, this is another that Sciens has made since being established in 2016 to pursue an invest-and-grow strategy in the fire detection and integrated solutions sector. As Sciens continues on its rapid growth trajectory, the company plans to establish an expanded presence in the state of Texas, starting with FACS in the south-central region. "The approach Sciens has taken, and the great companies it has chosen to partner with, is a true testament to the infinite potential of this platform and what it brings to the important fire-life safety industry, We are proud to be part of the ongoing growth Sciens has experienced – and will continue to experience – as it will bring an even higher level of customer service, cross-collaboration, and employee opportunities for the FACS family." -Duane Hannasch, president of FACS, who will remain in his current role. Fire Alarm Control Systems, Inc. was founded in 1995 as a small business, with operations in the San Antonio and South Texas areas, with a primary focus on the provision of fire alarm and voice communication systems for commercial, educational, and federal government facilities. FACS has since expanded its expertise to include intercom, public address, and mass notification systems. Duane Hannasch and Joe Ebrom run the company. Duane has over 35 years of experience in the life safety industry and has been involved with many projects providing solutions for high-profile facilities at the area's military bases. Joe joined the FACS team in 1997 as Vice President and Partner and brought an expanded customer base to the company. Prior, Joe held positions as branch manager and regional manager of major manufacturing companies in the life safety industries. "Our entry into Texas kicks off with the phenomenal team at FACS in San Antonio and its tremendous leaders in Duane and Joe, The addition of this first-class company allows us to make our mark in a new region, where we will continue to expand our statewide and national presence whilst on this exciting, growth-focused journey." -Terry Heath, Chief Executive Officer Sciens. About Sciens Building Solutions: Headquartered in San Francisco, CA, and backed by The Carlyle Group, Sciens Building Solutions is a holding company focused on the fire detection and security services sector. This includes the design, installation, and provision of maintenance services for fire detection and clean agent fire suppression systems in a variety of commercial, institutional, and government facilities. About Fire Alarm Control Systems: Fire Alarm Control Systems, Inc. was founded in 1995 as a small business and operates in the San Antonio and South Texas areas. With its primary focus on providing fire alarm and voice communication systems for commercial, educational, and federal government facilities, FACS has expanded its expertise in intercom, public address, and mass notification systems. The company has on staff two state-licensed planners – one NICET Level IV-certified and one NICET Level III-certified – with over 60 combined years of experience. Every fire technician at FACS is state-licensed and factory-trained with several also being NICET II-certified.

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