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Engineering Tech
EEI Corporation | August 23, 2021
OpenSpace, the global leader in AI-powered 360° construction photo-documentation and analysis, today announced a new enterprise agreement with EEI Corporation, a top-rated international construction and engineering company based in the Philippines. EEI is currently utilizing OpenSpace on more than a dozen projects, including the Grand Hyatt Manila Residences – South Tower, The Seasons Residences, and the SMDC Light 2 Residencies facilitated through Digiscript, a regional...
PCA | April 12, 2021
Portland Cement Association (PCA) Market Intelligence Group's Senior Vice President and Chief Economist Ed Sullivan as of late introduced their yearly Spring concrete utilization figure, foreseeing an increment in concrete utilization for 2021 and 2022. "Remarkably, U.S. cement consumption recorded 2% growth during 2020. It is remarkable because COVID-19 exerted a terrible toll on the economy. Consumers bunkered down; states enacted rigid lockdowns. Real GDP declined to a...
Construction
Globenewswire | July 27, 2023
North American Construction Group Ltd. (“NACG” or the “Company”) (TSX:NOA) today announced that it has entered into a definitive purchase and sale agreement to acquire (the “Transaction”) MacKellar Group (“MacKellar”) for an estimated $395 million (the “Consideration”). MacKellar Group, with its heavy construction equipment fleet, is an Australia-based provider of heavy earthworks solutions to the mining and civil sectors, with a ...
Engineering Tech,Construction
HENSEL PHELPS | January 11, 2023
Hensel Phelps recently launched, Diverge, an investment firm focusing on construction technology and innovation. Diverge will directly source, evaluate, invest and deploy new construction innovations in collaboration with technology startups and innovation partners. The advancements in ConTech, construction building methods and technologies can potentially transform the building process. Small startups are constantly driving innovation, simplifying complex processes by building ...
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