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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
inteliwell | August 19, 2022
Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has agreed to join Inteliwell, a joint venture (JV) with Transocean Ltd. (NYSE: RIG), and Intelilift AS, a subsidiary of Nekkar ASA. Inteliwell's mission is to decrease drilling times through rig automation and streamlining of the well construction process using new processes and tools driven by artificial intelligence ("AI"). Inteliwell will offer a suite of applications that will provide an end-to-end...
PBC Today | February 28, 2020
Sustainability is a key driver to digital transformation in the environment. Alexandra Bolton, executive director of the Centre for Digital Built Britain CDBB and a member of the Construction Innovation Hub senior management team, considers the challenge, the opportunity and the potential prize. Addressing the challenges of the climate emergency is a pressing agenda for us all. The 2018 UN Intergovernmental Panel on Climate Change IPCC Special Report brought focus to the urgent need to keep glob...
Pretium | March 21, 2022
Onyx+East, an award-winning homebuilder headquartered in Indianapolis and known for its modern and functional home designs, and Pretium, a specialized investment firm with $40 billion in assets, today announced the start of construction of Monterey, the first build-to-rent ("BTR") community under development through their previously announced joint venture. As part of the joint venture, Onyx+East and Pretium are committed to investing approximately $600 million to develop, build, and o...
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