ENGINEERING TECH

The PCA has released its Cement Consumption and Construction Activity Outlook for Spring 2021.

PCA | April 12, 2021

Portland Cement Association (PCA) Market Intelligence Group's Senior Vice President and Chief Economist Ed Sullivan as of late introduced their yearly Spring concrete utilization figure, foreseeing an increment in concrete utilization for 2021 and 2022.

"Remarkably, U.S. cement consumption recorded 2% growth during 2020. It is remarkable because COVID-19 exerted a terrible toll on the economy. Consumers bunkered down; states enacted rigid lockdowns. Real GDP declined to a rate not matched since 1946 as the economy transitioned from war time to peace time," said Sullivan. "Nearly 9.5 million fewer jobs now exist compared to pre-COVID-19 levels. Many businesses did not survive the threat.  And yet through all of this, cement consumption grew."

Sullivan noted while significant tempests brought about a frail 2021 beginning, almost certainly, concrete utilization development will coordinate or surpass 2020's exhibition. Record low home loan rates have provoked solid additions in 2020 single family development. The low rates are required to stay set up through 2021, bringing about additional solid interest for concrete utilization. Nonresidential decays are required to proceed with this year and next, however the drag on by and large development is relied upon to reduce. Furthermore, as oil costs rise, oil well concrete will increment too.

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Spotlight

This framework enables civil engineering and infrastructure works in sectors such as environmental, engineering, transportation, leisure, recycling and waste, defense , ports, harbors  and marine, flood defense  and coastal engineering, energy, education, industrial, commercial and other public sector assets. there use wtf frame work.

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DESIGN

INTERIOR DESIGN COMPANY HAVENLY ACQUIRES THE INSIDE

HAVENLY | February 19, 2022

Havenly, the largest online interior design service, announced it has acquired The Inside, a direct-to-consumer home furnishings brand that has grown nearly 600% in the past two years. The Inside unlocks access to made-to-order, customization options, historically only available at luxury prices. By combining two of the industry's fastest growing and beloved brands, the acquisition paves the way to create an innovative design ecosystem which will serve new and existing customers in exciting new ways. The marriage is a natural one: one of The Inside's top customer requests is for design services and Havenly designers have been some of The Inside's largest customers for years. Both brands share a similar mission to make home design an accessible and personalized experience for everyone. Under the terms of the deal, Havenly has acquired the key assets of The Inside, inclusive of its intellectual property and inventory. Financial terms of the acquisition were not disclosed. Havenly helps customers bring their dream home to life with one-on-one design help and hand-picked products tailored to their unique style, space, and budget. Havenly's expert designers create hundreds of thousands of individualized designs each year and invite customers to shop from the company's robust e-commerce platform featuring the most popular names in home retail as well as designer-exclusive brands. Acquiring The Inside comes as a natural extension of Havenly's mission to make home design an accessible and personalized experience for everyone; bringing affordable custom furniture and home decor to their customers. This acquisition comes on the heels of Havenly's multi-year partnership with Reese's Book Club and the acquisition of a cross-platform room layout and 3D visualization technology from Occipital, a leader in spatial computing. Together, these acquisitions and partnerships fit with the company's larger strategy of leveraging technology and innovation to deliver a best-in-class product experience that makes bespoke, personalized interior design accessible to everyone. "Our acquisition of The Inside and 3D technology from Occipital is a significant step in our growth strategy to revolutionize, digitize, and personalize the at-home design experience, We're already a go-to destination for those looking for design, inspiration, and home product recommendations, but now we can also service custom made products to suit our customers' wants and needs for a more hands-on design experience." -Lee Mayer, Co-Founder and CEO of Havenly. For The Inside, Havenly's nationwide scale and expertise open significant scale to The Inside's customized fabrics, furniture, and decor. The Inside Co-Founder Danielle Walish will join Havenly to manage the transition, integrate The Inside assets into Havenly, and capitalize on the shift in consumer design trends favoring prints offered by The Inside. She will be joined by all other current employees of The Inside. To learn more about Havenly's design services and e-commerce platform, please visit: www.havenly.com. About Havenly Havenly is the largest online interior design service that makes expert design accessible to anyone, regardless of budget or location. Havenly, founded by Lee Mayer, is a network of professional, highly screened and trained interior designers who create custom visual designs based on the client's unique style choices. They create hundreds of thousands of designs per year, making them the go-to source for in-home design inspiration across the country. Havenly's e-commerce platform is connected to hundreds of retailers for clients to make direct purchases with the guaranteed best prices. Start designing your space at Havenly.com or on the Havenly App, available on Apple App Store.

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ENGINEERING TECH

Republic Urban Properties and Blach/Cahill JV Partner with Prescient Co. to Employ Innovative Metal Framing System

Republic Urban Properties & Blach/Cahill JV | October 14, 2021

Building partners at Gateway at Millbrae Station – Republic Urban Properties and Blach Construction/Cahill Contractors Joint Venture (Blach/Cahill) – have teamed up with Prescient Co., a construction technology company that aims to revolutionize the industry by speeding up construction time, substantially lowering project costs, and reducing waste.Gateway at Millbrae Station is one of the largest transit-oriented developments in the Western United States. The mixed-use complex, set to be completed by Blach/Cahill in summer 2022, will assist in addressing Bay Area housing needs, as well as bolster office, hospitality and other urban amenities. Poised to create 1,100 new jobs, the project also provides access to sustainable transportation through BART, CalTrain, and SamTrans, with close proximity to San Francisco International Airport. It will include 320 market-rate apartments, 80 Veteran-preferred affordable units, a 164-room Marriott Residence Inn, 150,000 sq. ft. of Class-A office space, 44,000 sq. ft. of ground-floor retail and restaurant space, and establish new public open spaces, plazas, pedestrian/bike paths and dog parks. Republic Urban Properties and Blach, two agile companies with deep roots in the San Francisco Bay Area are driving innovative solutions that address perennial industry challenges, including schedules and budgets, which are often adversely affected when unexpected problems arise. In sourcing materials for Gateway at Millbrae Station, the partners weren’t looking for small ways to cut costs and timelines. Instead, they were looking for greater efficiencies, enhanced quality and improved worker safety to significantly impact the overall building process and value of the finished product. Where they landed can be considered a paradigm shift. Enter Prescient Co., a pre-engineered, prefabricated light gauge metal frame building system that utilizes design integration, advanced manufacturing, and rapid assembly to cut overall project costs and reduce project schedules throughout the construction process. To Republic Urban Properties and Blach/Cahill, the Prescient system has been a game-changer for this large-scale project. “When you think of a typical industrial company, two to five percent of revenue is invested every year in research and development while in IT, it is up to twelve percent; you don't see those percentages within the construction industry,” explains. “There are many people who are taking different parts of that value chain to innovate in, but at the end of the day, there is really no platform like Prescient that marries the hardware piece of construction with the digital and software suite of applications to produce and execute projects in one seamless process with a continuous digital thread.” -Magued Eldaief, CEO of Prescient Co In fact, Prescient’s system played a key role in the completion of the mixed-use complex’s light-gauge steel framing structure earlier this summer. “Starting a project in March 2021 and topping out that project in July 2021 is absolutely unheard of in recent times for an apartment construction type,” says Michael Van Every, CEO of Republic Urban Properties. The building team’s investment in efficient construction practices at Gateway at Millbrae Station has enabled a myriad of benefits, in addition to reducing project timelines. The Prescient metal framing system produces less waste on-site than other materials, reduces the amount of on-site staging area needed, provides substantial safety and accuracy benefits, decreases insurance costs, and streamlines the project’s labor requirements. Blach/Cahill introduced Prescient to Republic Urban Properties as a solution for the massive housing project’s unique timeline challenges and the desire to employ an efficient metal-frame construction methodology. “Construction is an inherently complex and dangerous undertaking, particularly when dealing with a project of this scale,When we discovered Prescient’s platform, we knew it would be a perfect fit for Gateway at Millbrae Station, not only allowing us to gain incredible cost and time efficiencies on this massive project, but one that would greatly improve worker safety. Ultimately, the Prescient solution has allowed us to prefabricate 80 percent of the building structures offsite in a controlled environment.” -Blach Vice President James Woodbury As the Bay Area community awaits the unveiling of Gateway at Millbrae Station, the building team will continue to break barriers and deliver innovative solutions that result in dramatic efficiency gains. “Our industry may be struggling, trying to maintain costs and schedules, but we are experiencing success,” said Reyad Katwan, COO of Republic Urban Properties. “We’re building on our experiences, and continually improving. We believe so much in this partnership among the three companies that we’re already envisioning future projects with the same team going forward.” About Republic Urban Properties Republic Urban Properties is the West Coast Division of the Republic Family of Companies, known for developing quality real estate throughout the United States, from land development and historic adaptive reuse to shopping malls. Republic specializes in transit-oriented and mixed-use projects, is involved many projects in the public and private sector areas for acquisition and/or land joint venture partnerships and builds landmarks. This innovative, lean team has a magnitude of experience working closely with state, county, and city governments to successfully navigate the intricacies of California’s regulatory environment. Republic Urban Properties is developing over 5.7 million square feet of multifamily, office, retail and hospitality, with an estimated market value among projects slated for completion within the next five years totaling approximately $1.79 billion. Ranked in the Top 50 Bay Area Developers by the San Francisco Business Journal, Republic plays an integral role in making San Jose and the Peninsula one of the top three multifamily markets in the country. Learn more at republicfamilyofcompanies.com/about/republic-urban-properties/ or via LinkedIn. About Blach Construction Founded in 1970, Blach Construction builds structures of enduring quality and value throughout California. The company’s experience encompasses a broad cross section of education, housing, institutional, mixed-use and workplace building types, including technology, life sciences, professional services, health care, K-12 and higher education, and civic/community facilities. A leading innovator, Blach is dedicated to incorporating advanced construction techniques, leveraging its prefabrication, self-perform and virtual design and construction expertise where and when possible. With a solid understanding of traditional and collaborative delivery methods, Blach is dedicated to offering greater efficiencies and increased value to clients. The firm consistently wins awards across the construction industry and general business community for its projects, innovation, employee engagement and community service. Quality and safety are at its core. As a result, Blach is continually ranked as a “Top Contractor in California” by Engineering News-Record and has received multiple “Construction Safety Excellence Awards” from the Associated General Contractors of California, earning 1st Place in 2020 (Building Division – under 400,000 worker hours). Additionally, and as a testament to its company culture, Blach has been recognized repeatedly since 2009 as a “Best Place to Work” in the Bay Area by the Silicon Valley Business Journal/San Francisco Business Times. Blach is headquartered in San Jose with branch offices in Monterey and Orange County. To learn more, visit blach.com and engage with us on LinkedIn. About Prescient Co. Prescient’s integrated architectural and engineering digital software platform leverages precision off-site manufacturing to enable construction and efficient project delivery. Designed for advanced professionals who plan, design, and build multi-unit housing and hospitality structures, the Company’s digital design-build system harnesses the power of technology to revolutionize the building environment. Founded in 2012 and headquartered in Charlotte, North Carolina, Prescient holds over 100 patents across 30 countries for its hardware system and digital thread technology platform. To date, Prescient has completed 57 buildings and 9.1 million square feet through its software and IP, which enables architects and building owners to drive down construction costs, increase ROI and improve efficiency across the entire development, construction, and operating value chain.

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ENGINEERING TECH

SunTx Capital Partners Sells NationsBuilders Insurance Services

SUNTX CAPITAL PARTNERS | August 31, 2021

SunTx Capital Partners, a Dallas, TX-based private equity firm that invests in middle market manufacturing, distribution, and service companies, today announced the sale of NationsBuilders Insurance Services, the industry leader in specialty construction Risk Management and Insurance. Financial terms of the transaction were not disclosed. Headquartered in Atlanta, GA, NBIS is a program administrator and Managing General Underwriter that provides construction and transport insurance, and risk management services for specialized heavy construction equipment, residential builders, and related transport industries. In particular, NBIS is a premier insurer of crane and rigging equipment, with an exceptional safety track record and best-in-class management practices for the industries it serves. SunTx acquired a controlling stake in NBIS in 2005, with an eye towards building an industry leading platform that delivers compelling value for all stakeholders. Ned N. Fleming, III, Founder and Managing Partner of SunTx Capital Partners, said, "The success that NBIS has had is emblematic of our firm's track record of partnering with our portfolio companies to help them achieve transformational growth and operational excellence. During our ownership of the Company, there were many opportunities to sell the platform along the way, though we were committed to investing the time and resources to build a truly compelling market leader, well-positioned for continued success." Bill Tepe, President of NBIS, said, "Our long-term partnership with SunTx has enabled us to strengthen our market position by generating best-in-class, creative solutions to meet the risk management needs of our current and future clients. Ned, Mark, Craig and the entire SunTx team have been committed partners. We thank them for their contributions as we embark on the next phase of growth." ABOUT SUNTX CAPITAL PARTNERS SunTx Capital Partners, LP, is a Dallas, TX-based private equity firm that invests in middle market manufacturing, distribution and service companies. SunTx specializes in supporting talented management teams in industries where SunTx can apply its operational experience and financial expertise to build leading middle-market companies with operations typically in the Sun Belt region of the United States. The capital committed by SunTx comes from the principals of SunTx as well as from institutional investors, including leading university endowments, pension funds and insurers.

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