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ETF Trends | February 13, 2020
The construction industry can be late adopters when it comes to disruptive technology, but with the aid of GPS and telematics, the sector is undergoing its own revolution that can help accomplish more tasks efficiently. A recent For Construction Pros article featured Trimble senior director Aviad Almagor, who gave his birds-eye view on where the industry is and where it’s heading in terms of disruptive tech usage. Almagor emphasized the importance of safety in the construction sector where...
Construction
Workorder | March 25, 2022
Workorder, Inc., a construction technology startup, has raised a $1.1 million pre-seed round from UBMB and Mucker Capital to assist in the launch of its innovative software for the construction industry. Spencer Gaffney from UBMB has joined the company’s board of directors. Workorder’s software is a first-of-its-kind for construction estimating, as it uses image recognition, deep learning, and optical character recognition, among other technologies, to automatically de...
Engineering Tech
Businesswire | April 17, 2023
H.I.G. Capital, a leading global alternative investment firm with $55 billion of equity capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Tower Engineering Professionals, Inc. (“TEP” or the “Company”), a leading full-service provider of engineering and maintenance services to tower, mobile network, and other telecom infrastructure customers. Headquartered in Raleigh, NC, TEP is one of the largest ...
Design, Engineering Tech, Construction
Daman Products Company | September 08, 2022
Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, has entered into a definitive agreement to acquire the assets of Daman Products Company “Daman”. Founded in 1976, Daman is headquartered in Mishawaka, Indiana and is a recognized leader in complex manifold design and manufacturing for precision hydraulic manifolds and related fluid c...
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