ENGINEERING TECH,CONSTRUCTION
Colliers | August 08, 2022
Leading diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today it has acquired a controlling interest in PEAKURBAN Pty Limited (“PEAKURBAN”), one of the fastest growing engineering companies in Australia. The PEAKURBAN senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. The business will rebrand as “Colliers Engineering & Design” and integrate into Colliers’ existing Australian operations. Terms of the transaction were not disclosed.
Founded in 2016, with more than 100 professionals operating from five offices in Australia, PEAKURBAN specializes in shaping communities with a focus on planning, due diligence, and engineering and design services for residential and mixed-use developments, civil infrastructure, water and wastewater, and industrial sectors.
“Building on our continued success in the U.S., PEAKURBAN represents the first international acquisition for our Colliers Engineering & Design business, Our differentiated approach continues to attract best-in-class firms who value our unique partnership model and long-term growth horizon, and who wish to thrive within our decentralised model and enterprising culture.”
-Elias Mulamoottil, Co-Chief Investment Officer of Colliers.
The expansion of Colliers Engineering & Design into Australia will complement our existing Project Management and Strategic Advisory capability and enhance our service offerings to unlock opportunities and accelerate growth for our clients and people, said John Kenny, CEO Colliers Asia Pacific. PEAKURBAN’s values and culture align strongly with ours and we are delighted to welcome these talented professionals to our organisation.
"Joining one of the most respected professional services organizations globally is an important step for us, Our reputation for developing commercially smart and practical engineering and planning solutions, combined with Colliers’ deep infrastructure, enterprising culture and impressive performance over many years, will help create the best outcomes for our clients and people.”
-Brent Thomas, Co-Founder and Managing Director of PEAKURBAN.
About Colliers:
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $77 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people.
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ROBOTICS AND AUTOMATION
AMP Robotics® Corp. | July 05, 2022
AMP Robotics Corp. (“AMP”), a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, has expanded its partnership with Waste Connections, Inc. (TSX/NYSE: WCN), its largest customer. Since late 2020, Waste Connections has booked or deployed 50 of AMP’s high-speed robotics systems on plastic, fiber, and residue lines, becoming the largest operator of AI-guided robotics in the industry.
“It’s gratifying to reach this milestone with a leader in resource recovery like Waste Connections. We’ve worked tirelessly to deliver AI and robotics systems that modernize today’s recycling operations by increasing productivity, stabilizing costs, and improving the quality and value of recycled commodities, We remain committed to the continuous enhancement of our AI and automation solutions to stay ahead of industry challenges, exceed customer expectations, and support the industry’s sustainability and climate goals.”
-Matanya Horowitz, founder and CEO of AMP Robotics.
AMP’s technology identifies and recovers plastics, cardboard, paper, cans, cartons, and many other containers and packaging types reclaimed for raw material processing. For example, AMP recovers a portfolio of #1-#7 plastics in a variety of different form factors, colors, and opacities with high precision and purity. Polyethylene terephthalate (PET) and high-density polyethylene (HDPE) together account for a majority of recycled plastic demand, with growing interest in polypropylene (PP)—a highly recyclable polymer with high demand in food-safe applications and flexibility to accommodate packaging in a variety of shapes and sizes. The ability to precisely separate different plastics and other recyclables with AI-driven sorting is helping recyclers meet the soaring need for sufficient quantities of high-quality recycled content from brands and packaging producers.
“We’re excited to expand our relationship with AMP, We’re impressed by the reliability of the robotics systems and the quality of the end product. We look forward to our continued partnership with AMP as we advance our sustainability initiatives.”
-Dan Kurtz, director of recycling for Waste Connections.
About AMP Robotics® Corp-
AMP Robotics is modernizing the world’s recycling infrastructure by applying AI and automation to increase recycling rates and economically recover recyclables reclaimed as raw materials for the global supply chain. The AMP Cortex™ high-speed robotics system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron™ AI platform continuously trains itself by recognizing different colors, textures, shapes, sizes, patterns, and even brand labels to identify materials and their recyclability. Neuron then guides robots to pick and place the material to be recycled. Designed to run 24/7, all of this happens at superhuman speed with extremely high accuracy. AMP Clarity™ provides data and material characterization on what recyclables are captured and missed, helping recycling businesses and producers maximize recovery. With deployments across North America, Asia, and Europe, AMP’s technology recovers recyclables from municipal collection, precious commodities from electronic scrap, high-value materials from construction and demolition debris, and valuable feedstocks from organic material.
About Waste Connections-
Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with resource recovery primarily through recycling and renewable fuels generation. Waste Connections serves more than eight million residential, commercial, and industrial customers in mostly exclusive and secondary markets across 44 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery, and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Waste Connections views its Environmental, Social and Governance (“ESG”) efforts as integral to its business, with initiatives consistent with its objective of long-term value creation. The company’s long-term, aspirational ESG targets include the expansion of resource recovery through recyclable commodities.
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PRODUCTS,ENGINEERING TECH,CONSTRUCTION
Hilti | September 27, 2022
Hilti North America, a global leader providing innovative tools, technology, software and services to commercial construction industry, unveils the newest addition to Hilti cable pathway portfolio, the CFS-MSL Modular Firestop Sleeve – an innovative solution designed to bring game-changing flexibility along with optimized cable capacity and airflow performance.
Together with the Speed Sleeve, Hilti's Modular Sleeve System brings more value, options and design flexibility to each project's unique demands. The Modular Sleeve System is offered in multiple device sizes as well as pre-installed and post-installed wall solutions and all-new floor grids to support each project's requirements. The modular sleeve design also allows for easier retrofits and cable additions and aligns with common cable tray sizes.
"Our new Modular Sleeve System offers performance, versatility and value that our customers have come to expect from Hilti. And, along with our Speed Sleeves, we now can offer a complete solution offering to our customers to support their demanding project needs, Education and continuous support will be an integral part of our offering to help you get your installations completed right the first time."
-Neal Clemens, Hilti Product Manager for Fastening & Protection.
About Hilti:
Hilti is a leading international provider of high quality, innovative and specialized tools, fastening systems, firestop protection, and software-based solutions for the professional user. With more than 3,800 highly trained Hilti account managers, engineers, and Hilti employees throughout North America, Hilti's expertise covers the areas of powder actuated fastening, drilling and demolition, diamond coring and cutting, measuring, firestopping, screw fastening, adhesive and mechanical anchoring, strut and hanger systems, solutions for tool crib productivity as well as worker health and safety.
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