ENGINEERING TECH

Patrick Industries, Inc. Completes Acquisition of Coyote Mfg. Co.

Patrick Industries, Inc. | August 10, 2021

Patrick Industries, Inc. announced today that it has completed the acquisition of Nashville, Georgia-based Coyote Mfg. Co., a leading designer, fabricator, and manufacturer of a variety of steel and aluminum products, including boat trailers, towers, T-tops, leaning posts, and other custom components, primarily for the marine OEM market.

"Coyote is a high-quality creative brand in the marine market known for its product innovation, customized style, and superior customer service," said Andy Nemeth, Chief Executive Officer of Patrick. "Coyote's marine components complement Patrick's growing portfolio in the OEM market while offering the potential for expansion into other leisure lifestyle markets. In keeping with our full solutions business model, our partnership with Coyote will provide additional resources and a wide breadth of marine products to better serve our customers across the U.S."

David Money, co-owner of Coyote, commented, "The Coyote team is very pleased to join the Patrick family and we look forward to partnering with Patrick to continue to drive innovation with our product offerings, in addition to further broadening our geographic reach." Tony Lanier, co-owner of Coyote, further commented, "Patrick's strategic resources and marine industry presence will add value to our team's ongoing commitment to excellence."

About Patrick Industries, Inc.
Patrick Industries is a leading component solutions provider for the RV, marine, manufactured housing and various industrial markets – including single and multi-family housing, hospitality, institutional and commercial markets. Founded in 1959, Patrick is based in Elkhart, Indiana, with over 10,000 employees and 160 businesses across the United States.

Spotlight

This infographic outlines the potential of robot application and the technology, as well as the problems which are faced during implementation. However, food companies who would benefit from automated/robot applications are Focused on a day to day activities rather than a long term plan. Lack of resources to look at future technologies.

Spotlight

This infographic outlines the potential of robot application and the technology, as well as the problems which are faced during implementation. However, food companies who would benefit from automated/robot applications are Focused on a day to day activities rather than a long term plan. Lack of resources to look at future technologies.

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ENGINEERING TECH

Hexagon Backs a New Digital Planning and Construction Center

Hexagon | June 02, 2021

Hexagon's Geosystems division partakes in another middle at ETH Zurich (Swiss Government Organization of Innovation) as an essential band together with a gift through the ETH Establishment more than six years. The middle for Computationally Increased Plan in Design, Designing and Development, known as Design++, is proposed to assist ETH with encouraging its internationally driving situation in advanced plan, arranging and development. The gift from Hexagon will fundamentally go towards building up another residency for Increased Computational Plan at the Design++ focus. The new focus means to foster advanced instruments and cycles that all the while improve configuration, help efficiency in the development interaction, increment the nature of structures and diminish their ecological effect. To this end, the spaces of design and structural designing fuse current information from computerized reasoning, zeroing in on AI and broadened reality. The middle and the new residency mean to fabricate a scaffold between design, structural designing, development and software engineering. "We are satisfied to report the association with ETH Zurich and Plan ++. We share the desire, reason, and business person soul with Plan ++. We are anticipating empowering experts to all the while increment efficiency, improve the nature of work measures, and generously lessen the ecological impression of the AEC business," says Thomas Harring, President Hexagon's Geosystems Division. "We have goal-oriented plans set up for AEC, and we are anxious to gain more from driving exploration foundations like Design++." "Innovation advancement is a basic achievement factor for our business and a critical component of our DNA. Turning into an essential accomplice of Design++ permits us to bring our center ability into the organization and empowers us to drive together this innovation advancement for the AEC business," stresses Burkhard Boeckem, CTO at Hexagon. "We are anticipating teaming up in visual registering, vivid plan, expanded reality, and speeding up insight based innovations in the AEC space through this solid and significant association."

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ENGINEERING TECH

Matterport Announces Investment in Digitization Tech Company SIMLAB to Accelerate Building Design, Construction and Management

Matterport | August 02, 2021

SUNNYVALE, Calif. and GLIWICE, Poland, the leading spatial data company driving the digital transformation of the built world, today announced its strategic partnership and investment in SIMLAB, a technology company that specializes in the digitization of buildings throughout the design and construction phases and the development of software toolkits to help architecture, engineering, and construction (AEC) teams communicate more efficiently and effectively at every project stage. Using the Matterport platform, the company creates products and features that integrate Matterport digital twins with Building Information Modeling (BIM) and smart home IoT technologies. The partnership is intended to fuel the development of new integrations and innovative products to meet the needs of AEC customers. "Our partnership with SIMLAB further cements Matterport as the spatial data platform of choice for the AEC industry," said RJ Pittman, Chief Executive Officer and Chairman of Matterport. "As a publicly-traded company we intend to further accelerate our growth by continuing to pursue strategic investments in partners like SIMLAB. Additionally, this is a clear example of our rapidly expanding developer ecosystem that aims to deliver best in-class industry solutions through a robust library of third-party add-ons and integrations from some of the most innovative companies spanning many important industries across the built world. Together with SIMLAB, we're excited to accelerate innovation and bring new tools to the industry worldwide." "The Matterport platform is a game-changer for the global construction industry by making it easy to digitize buildings at any stage of development," said Marek Kozlak, founder and CEO of SIMLAB. "Matterport has opened up their spatial data platform to enable companies like SIMLAB to extend the power of the digital twin with new tools that automate construction documentation and project workflows. Matterport's investment will accelerate our technology development and growth plans. We are excited to collaborate on the future of spatial computing and the built world for our customers all over the world." Matterport enables customers to capture a space with any supported camera, including the iPhone. Once captured, Matterport automatically creates a dimensionally accurate, photorealistic digital twin. With SIMLAB Stages, project stakeholders gain access to new functionality to more precisely track and view progress at all stages of construction from foundations to framing to mechanical-electrical-plumbing (MEP) to sheetrock and finishes. Inspections at construction sites can be done remotely and teams can collaborate with multi-user support, eliminating costly and time-consuming travel to job sites and speeding project execution timelines. About SIMLAB SIMLAB is a technology company focused on facility digitalization. We develop software apps for home and building owners, to be used by operators and occupants of offices, factories, hospitals, hotels, and multi-family residential buildings. SIMLAB apps turn personal living spaces and working environments into multimedia digital command centers, accessible by computer, tablet, and smartphone, empowering users with interactive and intelligent digital twins of their structures, leveraging a combination of 3D models of the facility, real-time data from sensors, and user-defined asset information. About Matterport Matterport, Inc. (NASDAQ: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make spaces more valuable and accessible. Millions of buildings in more than 150 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing.

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McKim & Creed Acquires Texas Engineering And Mapping Company (T.E.A.M.)

McKim & Creed | September 02, 2021

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