Engineering Tech, Construction
PR Newswire | January 05, 2024
Day & Zimmermann (D&Z) announced today that the Tennessee Valley Authority (TVA) has awarded its Maintenance and Construction division a contract to perform maintenance and modification (M&M) services for all of the utility's hydroelectric dams, gas, coal, and pumped-storage hydroelectricity facilities. D&Z will also perform scaffolding, coatings, insulation, asbestos abatement, and lead abatement work. The $985 million contract spans five years with the option to renew for an additional five years. Mobilization will be completed by the end of January.
"As the nation's leading maintenance and modifications provider to the power industry, D&Z is best positioned to deliver innovation, a cost-effective and flexible delivery model, and safe and reliable, quality services to TVA," said John McCormick, president of D&Z's Maintenance and Construction division. "With our more than 25 years of experience working with TVA, we've grown to be part of the fabric of the region. We're honored to further lend our expertise and ultimately serve the people of the Tennessee Valley."
D&Z has extensive experience and a strong partnership with the union building trades in and around the Valley, which helps the company optimize its resource pool in the area. The contract award underscores D&Z's ability in finding the right quantity and quality of craft professionals to help meet TVA's current and future needs.
"As a strong utility partner, D&Z is vested in the Tennessee Valley's prosperity—its people, its community, and its energy needs. We hold long-standing relationships with union labor leaders at the local levels and have a proven track record of safety and developing skilled craft professionals and leadership," said Jason Dunaway, president of Day & Zimmermann's union operations.
D&Z has a history of community outreach across the Tennessee Valley and a deep-rooted system of local diverse suppliers. In April 2022, TVA named D&Z its 2022 Prime Supplier of the Year through TVA's Diversity Alliance Program. D&Z has instituted an enterprise-wide supplier diversity initiative with defined diversity standards and processes and administers an employee recognition campaign that rewards employees financially for identifying and developing diverse suppliers.
D&Z's Maintenance and Construction division helps customers in power, government, and industrial markets lower their total cost of ownership and do their best work better by delivering safe, first-time quality maintenance, construction, engineering, and specialty services.
PR Newswire | January 02, 2024
VOLLERS, Inc. (VOLLERS), the holding company that owns or partners with quality construction services brands such as Vollers Excavating, HVI Services, Aspen Landscaping and Assuncao Brothers, Inc., proudly announces the acquisition of Layout, Inc. (Layout), one of New Jersey's most recognized construction survey firms. This acquisition broadens VOLLERS' array of services in the construction industry through its distinct and operationally independent entities.
Brendan Murray, current President of VOLLERS, will expand his leadership role by assuming the role of President at Layout. Giuseppe Messina Jr., from VOLLERS, has been appointed as Vice President of Survey at Layout. James Flores, from Layout, has been appointed as Director of Project Management.
"Success in construction is not just about project completion; it's about fostering a culture of efficiency, innovation, and excellence. We're not just building projects, we're building companies that lead the construction industry," states Brendan Murray. "Adding Layout, Inc. to the VOLLERS family of companies enriches our mission and enhances our service offerings across the entire construction community."
Layout comes to VOLLERS as a robust business with a strong history of managing complex and substantial infrastructure projects in the region. The synergy between VOLLERS and Layout promises significant value for clients, combining VOLLERS' world-class management capabilities with Layout's surveying expertise to meet evolving market demands with industry-leading effectiveness.
"I am very honored to be given the opportunity to bring these two well-respected organizations together," says Giuseppe Messina Jr. "I look forward to leading a diverse and talented team in our unwavering commitment and dedication to providing top-tier service in the Survey industry."
Engineering Tech, Construction
PR Newswire | January 25, 2024
PirTano Construction Company, Inc. ("PirTano"), a leading Midwest-based infrastructure and utility services-focused underground construction company operating in the communications and sewer & water sectors, is pleased to announce its acquisition of Powerlink Electric ("Powerlink"). The transaction closed on November 17, 2023.
Mike Piraino, President of PirTano, said, "The acquisition of Powerlink will operate as a new electrical division, and brings additional service offerings and bench strength of employees as we look forward to continuing to support our customers while capitalizing on additional opportunities."
Founded in 2006 by Doug Pantle and Steve Lipinski, Powerlink Electric ("Powerlink"), is a full-service electrical and telecommunications contractor based in Vernon Hills, Illinois with an outstanding reputation in its regional marketplace and is well known for the reliability and quality of its service. Powerlink primarily focuses on commercial and industrial projects and operates in Northeastern Illinois and surrounding areas. Powerlink will continue to operate under the current leadership as a wholly owned subsidiary of PirTano.
Rising Point Capital ("RPC"), commented on the transaction, "Doug and Steve have built a tremendous reputation in its marketplace. We are very excited to partner with them to help accelerate their growth and with leading a new division at PirTano."Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, served as the exclusive advisor to Powerlink. Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Stephen Dinehart, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Lance Thomasson successfully closed the deal.