CONSTRUCTION
Kastle Systems | July 13, 2022
Kastle Systems, the leader in property technology and America's largest managed security provider, has been named to the Rokstone Construction Risk Underwriters (Rockstone CRU) Approved Security Vendor list. Rokstone CRU is a specialty Managing General Underwriter offering Casualty and Builder's Risk insurance products and services for complex construction projects throughout the US.
As a Rokstone Approved Security Vendor, Kastle can now deploy MobileSentry, the company's signature construction site video surveillance security solution, on any Rokstone-insured project. Kastle's MobileSentry enables construction companies to avoid paying the high costs associated with staffing in-person security guards after hours at construction sites by employing analytic enabled cameras with artificial intelligence instead. These smart cameras are programmed to digitally diagnose potential problem situations on-site and instantly alert live agents remotely monitoring from the Kastle US-based video operations center. Agents can view the video stream in real-time and administer live audio talk down deterrents to any human transgressor. MobileSentry also provides cloud-based storage of video for up to two years
"Kastle is proud to be named an Approved Security Vendor by Rokstone. Our priority at Kastle is to protect our client's sites and provide them with the most reliable and cost-efficient security technology and security solutions, like MobileSentry, from groundbreaking day one, We are eager to continue our work to protect the assets and sites of Rokstone insurers around the country."
-Nik Gagvani, General Manager of Video Services.
Kastle's system not only meets Rokstone's standard for analytical performance, but their approach to perimeter security also aligns with our emphasis on deterrence. Preventing a breach, rather than just capturing it, is imperative in our world. We believe Kastle has a first-class system to protect our risks across the country and are pleased to add them to our approved list of vendors. said Colton Kovar, Risk Engineer, Rokstone CRU.
About Kastle Systems-
Kastle Systems has been leading the property technology industry since 1972 with advanced technology solutions and services, protecting commercial real estate, multi-family residential, global enterprises, educational institutions, and critical government facilities. Kastle's state-of-the-art solutions include access control, video surveillance, visitor management and identity management, as well as a suite of mobile security applications, all integrated on an open, standards-based platform and supported by a team of experts 24x7x365. Headquartered in Falls Church, Virginia, Kastle is on Silicon Review's 2021 Five Best Security Companies to Watch list.
About Rokstone Construction Risk Underwriters-
Rokstone CRU is a specialty MGU offering Casualty and Builder's Risk insurance products and services for complex construction risks and projects throughout the United States. Our multifaceted team is equipped to successfully insure this intricate business with experience, expertise, and analytical thinking. Our team includes veteran construction insurance professionals, specialty claims experts and cutting-edge risk engineering specialists. Our advanced technology and analytics allow us to enhance the process, think innovatively and deliver customized products and concepts to our customers.
Rokstone's approach is to engage and work closely with the client's management team to review project systems and plans, identifying areas of concern. By engaging with the client's leadership team and utilizing these feedback systems, we are able to provide customized solutions and processes to fill any risk gaps and implement enhanced safety and risk management practices from the boardroom to the field level employees.
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MATERIALS,CONSTRUCTION
Carrier | August 01, 2022
Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has completed its acquisition of substantially all of Toshiba Corporation's (TOKYO: 6502) ownership stake in Toshiba Carrier Corporation (TCC). A longstanding joint venture between Carrier and Toshiba, TCC is a global provider of residential and light commercial HVAC solutions, including VRF and heat pump products.
"This acquisition presents tremendous growth opportunities for Carrier in the fast-growing, energy-efficient VRF and heat pump markets, Toshiba Carrier's differentiated technology, strong channel and global design and manufacturing footprint allow us to benefit from growing electrification and sustainability trends. We are thrilled to welcome the 6,600 talented TCC employees to the Carrier family."
-David Gitlin, Chairman & CEO, Carrier.
Building on Carrier's previous acquisition of Guangdong Giwee Group, TCC will join the newly created Global Comfort Solutions business unit within Carrier's HVAC segment. The new business will be headquartered in Tokyo under the leadership of Saif Siddiqui, a seasoned Carrier leader who will report directly to HVAC segment President Chris Nelson. Mr. Toru Kubo, who has served as President & CEO of TCC, will be joining the Global Comfort Solutions leadership team reporting to Siddiqui.
Carrier acquired substantially all of Toshiba's interest in TCC for approximately $900 million, subject to customary closing adjustments. For the fiscal year 2021, TCC had annual sales of approximately $2 billion.
About Carrier-
As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do.
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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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