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ENGINEERING TECH
Obayashi Corporation | December 18, 2021
Innoviz Technologies (Nasdaq: INVZ), a leading provider of high-performance solid-state LiDAR sensors, and Obayashi Corporation (TYO: 1802), a major Japanese construction company, announced Obayashi's development of an automated tower crane system that utilizes Innoviz's LiDAR sensors. Obayashi's automated tower crane system is part of its recently announced autonomous solutions for excavation equipment, construction of concrete dams and backhoe loaders.Obayashi beg...
CONSTRUCTION
North American Construction Group Ltd. | June 10, 2021
North American Construction Group Ltd. announced today that it has entered into a definitive agreement to acquire DGI Trading Pty Limited (“DGI”) for an estimated $23.5 million. DGI, situated in Kempsey, New South Wales, Australia, supplies vital components to the mining sector via commercial partnerships and a complex logistical network. DGI maintains a network of suppliers and partner facilities in over ten significant countries, allowing for flexible and cost-effect...
Sterling | January 06, 2022
Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) entered into a Stock Purchase Agreement and closed on the acquisition of Petillo Incorporated and its related operating entities (collectively “Petillo”), on December 30, 2021. Petillo is a leading specialty site development solution provider in the Northeast and Mid-Atlantic. Founded in 1994 by owner and CEO Michael Petillo, Petillo has seen compound revenue growth from 2017 to...
Gordian | September 08, 2021
gordian the leading provider of facility and construction cost data, software and expertise, has announced their new, multi-year partnership with the State of Oklahoma. The State of Oklahoma has entered into an agreement with Gordian to implement ezIQC through the statewide convenience contract SW0245. The contract is now available through the Oklahoma Office of Management and Enterprise Services. ezIQC is a Gordian Job Order Contracting (JOC) solution that brings speed and effici...
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