Construction Partners | March 22, 2022
Construction Partners, Inc., a vertically integrated civil infrastructure company focused on the construction and maintenance of roadways in five southeastern states, announced the acquisition of GAC Contractors, Inc.'s asphalt, grading, and site work operational assets, including its Panama City, Florida, hot-mix asphalt plant.
"This transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the Southeast. The addition of GAC's assets and crews meaningfully enhances our operational resources and capabilities in an existing growth market. At a time when attracting and retaining talent is paramount, we are pleased to welcome more than 200 former GAC employees to our team."
Fred J. (Jule) Smith, III, the Company's President, and Chief Executive Officer
Certain statements in this press release are "forward-looking statements" as defined in Section 27A of the Securities Act and 21E of the Exchange Act.
GeoSLAM | July 07, 2021
GeoSLAM, a leading SLAM (simultaneous localization and mapping) technology company, has developed a solution for quickly and easily tracking the progress of a construction project.
After almost a decade of close collaboration with the construction sector, GeoSLAM has developed Construction Progress to simplify project monitoring using generated point cloud data.
By speeding up an essentially manual process, the solution will assist construction companies in evaluating their progress. Using an easy-to-use portable scanner, information collection and progress results (expressed as a % complete, with colored digital pictures displaying the most recent project updates) are accessible in minutes both on-site and at head office.
The collected data is automatically analyzed, resulting in a point cloud compared to a CAD model, showing simple changes on-site by date and time.The ability to monitor a project’s development provides site teams and head office with a clear and objective view of progress, assisting in preventing missed milestones in the construction or costly delays.
Graham Hunter, CEO of GeoSLAM, described the software’s launch:
“We’ve always emphasized the significance of technology in any company, but now, more than ever, automated tools like Construction Progress are critical to the long-term sustainability of construction companies in particular. This is a totally new concept in the business.
“The sector’s future seems bright, but it requires the right tools to meet it head-on. I am convinced that Construction Progress will assist in easing some of the difficulties that construction companies may face in the coming months.”
With the world population expected to reach 9 billion by 2050, the need for faster construction and environmentally friendly building methods has never been greater.GeoSLAM has introduced its payment plan to reduce the initial cost of ownership by enabling clients to spread the cost of a Connect and Construction Progress device over 24 months.
Painhas SA | October 21, 2020
Publicly traded wave energy developer, Eco Wave Power (EWPG Holding AB, Stock Symbol: ECOWVE), announces today the strategic collaboration with Painhas for the technical support for the licensing of its' Portugal project. Painhas, which was founded in 1980, has more than 40 years of experience in providing engineering and construction, operation and maintenance services for the energy sector in Portugal and other countries (including Production, Distribution and Power Transmission sectors) Painhas will take an integral part in the technical support needed for the official licensing procedures for the Eco Wave Power planned 20MW wave energy project in Portugal, as part of the company's newly signed Concession Agreement with the Port Authority of Leixões, APDL. Once licensing is obtained, the parties will work towards a continued collaboration for the execution of the project.