ROBOTICS AND AUTOMATION, CONSTRUCTION
Trimble | September 22, 2022
Trimble Ventures, Trimble's (NASDAQ: TRMB) corporate venture capital fund, announced today its investment in Civ Robotics, a San Francisco-based construction tech startup focusing on transforming surveying layout for civil engineering and infrastructure projects. This investment supports Trimble Ventures' mission to invest in early and growth-stage companies that are accelerating innovation, digital transformation and sustainability in the industries Trimble serves—such as agriculture, construction, geospatial and transportation. The investment terms were not disclosed.
The construction industry faces a variety of challenges including shortage of skilled workers, safety and productivity. Civ Robotics addresses these challenges with CivDot, a new autonomous surveying solution that empowers efficiency, productivity and safety on the job. CivDot is an unmanned ground vehicle (UGV) designed for civil engineering and infrastructure projects such as solar farms, roadways, data centers, power plants and more. Augmenting the surveyors work, CivDot marks thousands of coordinates per day precisely and efficiently, while delivering layouts faster than traditional methods.
"We are focused on investing in companies that are seeking to address important challenges in markets that align with Trimble's mission of transforming the way the world works. Civ Robotics technology supports surveyors and field workers and helps remove the burden of repetitive and risky work, Civ Robotics uses Trimble's high-precision GNSS positioning technology and surveying software to improve productivity and increase safety. This is an exciting opportunity to help accelerate innovation in autonomy, surveying and construction."
-Aviad Almagor, vice president, technology innovation at Trimble and technology advisor for Trimble Ventures.
Trimble and our vision are in lockstep towards construction automation with a sharp focus on the highest standards of safety and quality, said Tom Yeshurun, co-founder and CEO, Civ Robotics, which announced its $5 million seed funding round this morning. Through Trimble's latest GNSS technology in our autonomous surveying products, our customers can benefit from an end-to-end workflow.
About Civ Robotics:
Civ Robotics is an autonomous surveying solution for civil engineering and infrastructure projects. The company's flagship product, CivDot, is an unmanned ground vehicle (UGV) which marks thousands of coordinates per day precisely and efficiently for large construction projects, while empowering workforces faced with labor shortages and subsequent delays. Through the press of a button and in a fraction of the time, Civ Robotics autonomous systems are revolutionizing projects, including solar farms, roadways, data centers, power plants, industrial development and large infrastructure.
About Trimble Ventures:
Launched in 2021, Trimble Ventures is a corporate venture capital fund focused on investing in early and growth-stage companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries. The fund deploys strategic capital to accelerate the growth of innovative companies and partners that complement Trimble's products, technology platforms and support its customer's work. Trimble Ventures targets investing in companies with technologies and solutions related to hardware and software applications; artificial intelligence; augmented, virtual and mixed reality; autonomy and robotics; blockchain; the Internet of Things (IoT) and analytics; and sustainability.
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.
White Cap | October 06, 2022
White Cap L.P. ("White Cap") has closed on an agreement to acquire Valley Supply Company, a Washington-based supplier of construction materials to contractors in the Puget Sound area. With six locations across Washington State, Valley Supply Company will join White Cap in its Northwest Region to serve local customers with exceptional customer service.
"We look forward to offering expanded service capabilities for our customers in the Puget Sound area and across our Northwest Region, Our nationwide product offerings combined with the number of locations, strong relationships, and local expertise from the Valley Supply Company team will allow us to further enhance our exceptional service for customers."
-John Stegeman, Chief Executive Officer of White Cap.
About White Cap:
White Cap L.P. and its affiliates serve as a one-stop shop providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, residential and infrastructure end markets. White Cap is comprised of multiple brands in the U.S. and the Brafasco, Brock White and NCA brands in Canada. White Cap operates more than 450 branches across North America with more than 9,000 employees supporting approximately 200,000 customers.
About Valley Supply Company:
Valley Supply Company was founded in 1972 to become a premier supplier of construction materials to residential and commercial contractors in the Puget Sound area. With six locations in Woodinville, Puyallup, Ellensburg, Silverdale, Tumwater and Moses Lake, Valley Supply Company offers an expanded product line to serve customers in Western and Central Washington.
Power Construction | December 01, 2022
Metro Edge Development Partners, a commercial real estate development firm and minority business enterprise (MBE), announced it has finalized agreements with Corgan, Clune Construction, Power Construction, and Ujamaa Construction to design and build its state-of-the-art data center in the Illinois Medical District (IMD). They join T5 Data Centers as the team that will design, construct, and operate the new data center.
“Metro Edge was founded as a firm focused on high-impact, technology-driven developments that have a positive impact on the market and the local community, We are thrilled to have best-in-class partners like Corgan, Clune, Power, and Ujamaa working with us to design and construct this facility. It is a testament to, not only their belief in this project, but also the importance of the development and the positive impact it will have on the West Side. We believe this diverse collection of industry professionals will allow Metro Edge to deliver one of the highest-performance data centers in Chicago.”
-Bradley Beile, COO of Metro Edge.
The $257 million state-of-the-art data center is expected to break ground in 2023 and open in 2024. Metro Edge recently announced the company secured a 75-year ground lease on a 1.97-acre parcel in the IMD to build and operate a 19.8 megawatt, five-story, 184,720 square foot, high-performance data center that will address the technology infrastructure needs of local and regional healthcare, financial, educational, and government organizations. The facility has already secured 50% preleasing.
Located on the West Side of Chicago, the construction of the data center will support over 200 construction jobs and, once completed, over 70 full-time jobs including data center engineers, electricians, tech support personnel, and operations.
The new data center will be designed by Corgan, a renowned local architecture firm with decades of experience designing data centers, healthcare and education facilities, commercial buildings, and airport terminals.
“Corgan has a rich history of supporting our clients across the data center sector, including the largest wholesale and hyperscale client in the world, We believe the IMD project has the potential to transform the data center landscape in Chicago and we are excited to work with Metro Edge to bring this data center online.”
-Dan Drennan, Principal at Corgan.
Corgan is leading all the architecture, engineering, and design elements of the project while Clune will oversee all construction aspects of the development in partnership with Power and Ujamaa and T5 as project manager.
This project represents a major investment in the West Side of Chicago and meaningfully improves the neighborhood by building on land that has sat vacant for decades, said 28th Ward Alderman Jason Ervin. The development is being led by a top minority-owned real estate company and will generate jobs, revenue, and important social impact programs for the community.
About Metro Edge Development Partners:
Metro Edge Development Partners is a Chicago-based commercial real estate development firm and minority business enterprise (MBE). Our mission is to pursue institutional-quality investment opportunities that deliver exceptional results to our financial and community partners. Led by a team with decades of private equity real estate experience, Metro Edge targets data centers, life sciences, and technology-oriented developments in primary urban locations around the country. Simply put, we create significant value in areas overlooked by our competitors.
About Clune Construction:
Clune Construction is a national, employee-owned general contractor, with more than 600 talented professionals located in six offices across the U.S. Since 1997, Clune has provided construction management services for some of the most respected companies in the world. The company manages over $1 billion in construction projects annually.
Corgan is a leading architecture and design firm with a decades-long reputation for great customer service. Corgan has expertise across six market sectors – aviation, commercial, data centers, education, healthcare, and interiors.
About Power Construction:
Power Construction is a management-owned commercial construction company founded in 1926, that focuses on the greater Chicago metro area. With annual revenue of $1 billion and a professional staff of 270, Power is ranked #1 in Chicago on Crain's Chicago Business List of Largest General Contractors. The Chicago Tribune has recognized Power Construction as a Top Workplace for the past five years running. Client types include healthcare, hospitality, developer, workplace, education, industrial, aviation, and luxury residential.
About T5 Data Centers (T5)
T5 Data Centers (T5) is a full lifecycle data center partner. The company provides customized build-to-suit, wholesale turnkey or powered shell data centers, critical facility construction, and ongoing facility management and operations services. T5 offers expert critical facility construction and its Uptime Award Winning facility management and operations services across its portfolio of data centers. T5 currently operates over 500 MW of critical load across 55 data centers and offers turnkey or build to suit data center solutions in 9 U.S. markets.
About Ujamaa Construction
Ujamaa Construction (“UJAMAA”) was founded in 2002 by Jimmy Akintonde to create a working organization that pays an equal amount of attention to quality of completed projects, safety of its employees, social responsibility, sustainability, corporate profitability, and citizenship within the company’s communities. UJAMAA has experienced explosive growth, opening an office in Atlanta, Georgia in 2017.