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Bentley Systems | November 18, 2021

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced that it has entered into a definitive agreement to acquire Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million. The consideration is payable, at BSY’s election, in cash or a combination of cash and BSY stock. As an established subscriptio...

CITB | March 20, 2020

The Construction Industry Training Board has pledged to do all it can to offer coronavirus support to construction workers, apprentices and trainees. The CITB has closed four National Construction Colleges and cancelled spring roadshows. The spring roadshows are being replaced by a series of online webinar alternatives. All training at NCC sites at Bircham Newton, Erith, Inchinnan and Kings Norton ended on Tuesday, with full closure planned for today, allowing time for trainees to arrange to lea...

PBC Today | February 27, 2020

Industrial construction contract awards hit £7.1bn in 2019, up 11.2% on 2018, as distribution, storage and logistics sectors look set to boost future growth. In 2019, the total value of industrial construction contract awards was up 11.2% on 2018 and follows a 20.1% increase on 2017. The industrial sector has maintained its strength throughout 2019 with the logistics, storage and warehousing featuring as the leading sub-sectors. In addition, some higher value industrial construction contra...

University of Arkansas | April 16, 2020

Distinguished Professor Alan Mantooth of the University of Arkansas received a $3.6 million award from the U.S. Department of Energy Solar Energy Technologies Office to advance technologies that integrate solar power systems to the national power grid. Mantooth and engineering researchers at the university’s National Center for Reliable Electric Power Transmission will lead a large, multi-institutional research group that will develop systems to protect solar technologies from cyberattack....