ABB partners with Sauber Engineering as global technology partner

PMW Magazine | March 05, 2020

ABB has partnered with motorsport specialist Sauber Engineering as an official global technology partner. The collaboration will focus on e-mobility and the development of carbon neutral and sustainable projects. The company is set to install the latest in EV charging technology at Sauber’s Hinwil headquarters in Switzerland, to provide power to the company’s ever-growing number of electric vehicles owned by employees. The all-new charging station will be powered by the country’s largest photovoltaic field found on top of Sauber’s parking lot. Sauber and ABB have already been in a technical partnership long before, with ABB having provided frequency converters to control fan speed in the company’s state-of-the-art wind tunnel used to develop the engineering brand’s Formula 1 cars. Both companies are said to be using the new and future collaboration to push sustainability goals forward, which include ABB’s mission-to-zero initiative, and Sauber’s own target to reduce carbon emissions and increase energy efficiency in all its operations.

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Spotlight

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MATERIALS, CONSTRUCTION

H&E Equipment Services Signs Definitive Agreement To Acquire One Source Equipment Rental, Inc.

H&E Equipment Services | September 20, 2022

H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire One Source Equipment Rental, Inc. (“One Source”), a provider of non-residential construction and industrial equipment with operations in the Midwest and Southern U.S. One Source, which is employee owned, operates 10 branches, including three locations in each of Illinois and Indiana, two locations in Tennessee and one in each of Kentucky and Alabama. Under the terms of the definitive agreement, H&E is expected to pay $130 million in cash for One Source, before customary adjustments. The transaction is expected to close during the fourth quarter of 2022, following regulatory clearance and the completion of other customary closing conditions. “For more than 20 years, One Source has emphasized a culture where equipment reliability and customer support and satisfaction are vital features for success, resulting in an equipment rental operation with strong consumer loyalty throughout its branch network. These important attributes, which are underscored by a dedicated base of employee owners, offer an exceptional cultural fit with H&E. Also, the transaction will expand our geographic footprint into the Midwest with operations in Illinois and Indiana, as well as operations in Kentucky. Finally, the demonstrated success of our accelerated warm start plan, with 15 warm start and greenfield locations established since early 2021, will prove beneficial as we evaluate post-integration growth opportunities in the Midwest and other surrounding regions with attractive prospects for expansion.” -Brad Barber, Chief Executive Officer of H&E Equipment Services. Over the last twelve months ended July 31, 2022, One Source has generated revenues of approximately $59 million with a fleet size, as measured by original equipment cost (OEC), of approximately $138 million. One Source’s fleet consists primarily of aerial work platforms, material handling equipment and other general equipment lines. About H&E Equipment Services, Inc: Founded in 1961, H&E Equipment Services, Inc. is one of the largest rental equipment companies in the nation. The Company’s fleet is among the industry’s youngest and most versatile with a superior equipment mix comprised of aerial work platforms, earthmoving, material handling, and other general and specialty lines. H&E serves a diverse set of end markets in many high-growth geographies including branches throughout the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast States, Southeast, Midwest, and Mid-Atlantic regions.

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PRODUCTS, CONSTRUCTION

Trimble Acquires B2W Software to Expand its Civil Construction Portfolio

Trimble | September 15, 2022

Trimble (NASDAQ: TRMB) announced today it has acquired privately-held B2W Software, a leading provider of estimating and operations solutions for the heavy civil construction industry. Financial terms were not disclosed. With the passage of the Infrastructure Investment and Jobs Act (IIJA) and other infrastructure legislation across the globe, construction organizations are fast tracking the digitization of their processes and operations. As infrastructure projects become increasingly complex, data-driven insights and analytics will be imperative to improve productivity, increase efficiency and drive sustainability. "Seamlessly connected workflows are key to unlocking the true potential of an organization's data, With the acquisition of B2W, Trimble will be able to provide an unparalleled end-to-end digital experience—connecting the digital to the physical—for heavy civil and infrastructure contractors." -Elwyn McLachlan, vice president of Trimble's Civil Solutions Division. The addition of B2W's comprehensive suite of pre-construction and operations capabilities will expand Trimble's already extensive civil infrastructure portfolio and Trimble Construction One, a purpose-built connected construction management platform. B2W's integrated suite of applications includes estimating, scheduling, field tracking, equipment maintenance, data capture and business intelligence. By combining these capabilities with Trimble's rich field data, project management, finance and human capital management solutions, civil contractors will be able to bridge the gap between office and field in new ways, promoting transparency, efficiency and ultimately profitability. "B2W has helped thousands of heavy civil contractors increase their bid accuracy and operational efficiency, And now with Trimble, we can realize the next chapter of our story. By linking the planned with the executed, we will provide civil contractors with a truly connected construction experience, unlocking valuable new insights for our customers across their entire operation." -Paul McKeon, founder and CEOB2W. B2W will be reported as part of the Buildings and Infrastructure segment. Perkins Coie LLP acted as legal advisor to Trimble. Piper Sandler & Co. acted as a financial advisor and Foley Hoag LLP acted as legal advisor to B2W Software. About B2W: Headquartered in Portsmouth, New Hampshire and founded in 1993, B2W (formerly known as Bid2Win) provides specialized software for heavy civil construction management. Companies throughout North America and several other countries use B2W Software to bid on large-scale infrastructure and commercial projects, plan and manage operations, maintain large fleets of equipment and leverage business intelligence. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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CONSTRUCTION

Trimble and HP Collaborate to Explore the Use of Robotic Technology for Autonomous Indoor Construction Layout

Trimble | November 09, 2022

Trimble (NASDAQ: TRMB) and HP are collaborating on the integration of Trimble's latest robotic total station with HP's new SitePrint robotic layout solution. The solution focuses on transforming the layout process for indoor construction projects. The construction industry faces a variety of challenges including the shortage of skilled workers and productivity. HP and Trimble can address these challenges with an integration of HP SitePrint and the recently introduced Trimble® Ri total station. The integrated solution can deliver an autonomous layout workflow that empowers efficiency and productivity on the job, while delivering layouts faster than traditional methods. Augmenting the contractors' work, SitePrint can avoid obstacles and print lines and complex objects with pinpoint accuracy and consistent repeatability. In addition, text printing capabilities bring additional data from the digital model to the construction site to prevent errors. Using optical technology, the precise positioning and navigation of HP SitePrint robot is driven by the Trimble Ri total station. Equipped with automatic level detection, self-calibration, and Trimble VISION™ technology for advanced tracking, the Trimble Ri enables the HP SitePrint robot to achieve autonomous, high-accuracy indoor layout work. "The integration of Trimble Ri and HP SitePrint can transform the layout process on complex construction sites with pinpoint accuracy, and in a fraction of the time, This is an opportunity for layout contractors to improve accuracy and productivity and handle more projects with the same size of team." -Aviad Almagor, vice president of Technology Innovation, Trimble. Technology adoption and increased digitization can help construction firms bridge this productivity gap, said Daniel Martínez, vice president and general manager, HP Large Format Printing. HP has played a key role in bridging digital and physical worlds with print solutions for architects and engineers over the last thirty years. With the integration between HP SitePrint and Trimble Ri, we can make it easier than ever for layout professionals to bring an idea to life on site, while also enabling increased digitization of the construction industry as a whole. About HP: HP Inc. is a technology company that believes one thoughtful idea has the power to change the world. Its product and service portfolio of personal systems, printers, and 3D printing solutions helps bring these ideas to life. About Trimble: Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

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