Environmental innovation in the construction sector

PBC Today | January 24, 2020

Aidan Bell, co-founder of sustainable construction material company Envirobuild, provides an in-depth guide to environmental innovation in the construction sector. According to WRAP, sustainable resource advocates, the UK construction industry is responsible for 45% of our carbon emissions as well as 33% of all waste produced. This sector also continues to be the least productive in the UK economy, as well as having one of the lowest levels of digitalisation in the world. This is partly due to a lack of investment, as well as a fear of risks. However, this could be due to change, partly thanks to the Industrial Strategy Challenge Fund.  This will develop digital, manufacturing and renewable energy technologies for the construction sector which, combined with improved business models, McKinsey believe could increase productivity by between 50 and 60%, as well as reducing waste.

Spotlight

In reliability engineering, product industries now follow a conscious and planned approach to effectively address multiple issues related to product certification, failure returns, customer satisfaction, market competition and product lifecycle cost. Today, reliability professionals face new challenges posed by advanced and complex technology.

Spotlight

In reliability engineering, product industries now follow a conscious and planned approach to effectively address multiple issues related to product certification, failure returns, customer satisfaction, market competition and product lifecycle cost. Today, reliability professionals face new challenges posed by advanced and complex technology.

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Construction Software Company Ecobot Becomes a Silver Partner in the Esri Partner Network

Ecobot | July 01, 2022

Ecobot, the premier digital solution for pre-construction environmental permitting, has been named a Silver partner within the worldwide Esri Partner Network after successfully graduating from the Esri Startup Program. Esri is the global leader in location intelligence. The Ecobot platform leverages and integrates with Esri's ArcGIS software to facilitate efficient, accurate environmental data collection for mandatory permits ahead of large-scale infrastructure projects. The Esri Startup Program is a program that supports innovative early-stage startups integrating location intelligence and mapping within their own product offerings. Esri startup partners are companies who offer innovative technological solutions with GIS capabilities. As a member of the program, Ecobot had access to a robust set of resources to jumpstart product development. Ecobot's key Esri integrations include: Embedded mapping system powered by Esri for defining project areas and adding wetland polygons or polylines Compatibility with select external GNSS devices from Esri partners Trimble, Eos GNSS, Juniper Systems, and SXBlue Generation of GeoJSON shapefiles for seamless export into the Esri ArcGIS system Ecobot is a platform that includes a mobile field application that is fully functional offline coupled with an Amazon AWS cloud-based dashboard with automated quality assurance, project management, and team collaboration features. To date, Ecobot customers have generated some 65,000 environmental regulatory reports for over 7,000 projects using the platform. "The partnership with Esri, and Ecobot's integration with Esri ArcGIS products, has been invaluable as we've built out our platform, We are thrilled by how far Ecobot has come since joining the Esri Startup Program, and we're excited to continue evolving as a Silver partner." -Lee Lancecofounder and CEO Ecobot. "As a company that was once a startup partner, we understand the early years for any business are hard, said Martin Copping, Esri Partner Executive. We are impressed with how the Ecobot team executed on the opportunities provided by the program, bringing the value of geospatial to a broader audience using the Esri ArcGIS system. We congratulate and look forward to continuing to work with them as a Silver partner. Since closing a $2.8M round in late 2021, the Ecobot platform continues to expand to include additional project management capabilities and a wider range of environmental permits. Ecobot makes data available for engineers to leverage into a digital twin to improve the resilience of the built environment. Connect with Ecobot at the Esri User Conference or read the ArcNews article: "Startup Makes Preconstruction Data Collection Faster, More Accurate". About Esri: Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com. About Ecobot: Ecobot builds revolutionary software that improves how we interact with the environment. Ecobot is the future of environmental monitoring, reporting, and data forecasting, providing efficiency across all sectors of the environmental services industry. The first version of Ecobot provides a swifter way to input wetland field data, provides contextual vegetation and soil data lookups, and automatically generates USACE wetland delineation reports.

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ENGINEERING TECH

World Environment Day: Quest Global Announces Global Reforestation Drive

Quest Global | June 01, 2022

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PRODUCTS,MATERIALS,CONSTRUCTION

Clayton, Dubilier & Rice Completes Acquisition of Cornerstone Building Brands

Cornerstone Building Brands | July 28, 2022

Cornerstone Building Brands, Inc. (“Cornerstone Building Brands” or the “Company”), the largest manufacturer of exterior building products in North America, today announced that Clayton, Dubilier & Rice (“CD&R”) has successfully completed the acquisition of Cornerstone Building Brands. Holders of a majority of the shares of Cornerstone Building Brands common stock not owned by CD&R and its affiliates voted to approve the acquisition at the Special Meeting of Stockholders held on June 24, 2022. The acquisition also received the approval of the holders of a majority of the shares of Cornerstone Building Brands common stock outstanding at the Special Meeting. With the completion of the acquisition, Cornerstone Building Brands’ common stock has ceased trading and will no longer be listed on the New York Stock Exchange. “The closing of this transaction is an important milestone for Cornerstone Building Brands, and we are pleased to be entering our next phase of growth as a private company, With CD&R’s operational and strategic support, Cornerstone Building Brands will be even better positioned to accelerate our future growth plans and advance our journey to be the premier exterior building solutions company and deliver enhanced value to our customers. I want to thank all Cornerstone Building Brands employees for their continued dedication and hard work. This transaction is a testament to our team’s unwavering commitment to our customers and focus on executing our strategy. I am excited about the opportunities ahead for Cornerstone Building Brands, and I look forward to continuing our work together as we drive value for all stakeholders.” -Jeffrey S. Lee, Executive Vice President and Chief Financial Officer of Cornerstone Building Brands. J.L. Zrebiec, Partner at CD&R, said, We have long admired Cornerstone Building Brands’ business and talented team, and we are thrilled to work even more closely with its leadership team and employees in this next chapter. We firmly believe that the Company is uniquely positioned to expand on its position as the largest manufacturer of exterior building products in North America, and we look forward to working together to build on the significant momentum underway. Centerview Partners LLC is serving as financial advisor and Wachtell, Lipton, Rosen & Katz is serving as legal advisor to a special committee of Cornerstone Building Brands’ independent directors. Sullivan & Cromwell LLP is serving as legal counsel to Cornerstone Building Brands. UBS, Barclays, BNP Paribas Securities Corp., Goldman Sachs, Jefferies, Natixis, New York Branch, RBC Capital Markets, and Societe Generale are providing financial advisory services to CD&R. Kirkland & Ellis LLP is serving as legal counsel to CD&R on the transaction and Debevoise & Plimpton LLP is serving as legal counsel to CD&R on the financing. CD&R has obtained committed financing from Deutsche Bank Securities Inc., UBS Investment Bank, Barclays, BNP Paribas, RBC Capital Markets, Societe Generale, Goldman Sachs, Natixis, New York Branch, Jefferies, Apollo, Blackstone Credit, and U.S. Bank. About Cornerstone Building Brands, Inc: Cornerstone Building Brands is the largest manufacturer of exterior building products by sales for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair and remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multichannel distribution platform and expansive national footprint includes more than 20,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play. About Clayton, Dubilier & Rice: Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since its inception, CD&R has managed the investment of more than $40 billion in over 100 companies with an aggregate transaction value of over $175 billion.

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