ENGINEERING TECH

WSP Announces Agreement to Acquire Swiss-Based BG Consulting Engineers

BG Consulting Engineers | December 07, 2022 | Read time : 03:00 min

WSPAnnounces Agreement News
WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announces it has entered into an agreement to acquire BG Bonnard & Gardel Holding SA (“BG Consulting Engineers” or “BG”), one of Switzerland’s leading engineering consulting firms, with a strong presence in France. Headquartered in Lausanne, BG offers consulting, engineering, and project management services in the infrastructure, building, water, environment, and energy sectors. It has a workforce of approximately 700 professionals, including 480 in Switzerland and 210 in France. BG also has operations in Portugal and Italy.

Following the closing of the proposed transaction (currently expected in the first quarter of 2023), WSP’s Swiss workforce will more than quadruple to over 600 professionals. WSP is expected to gain a foothold in the French-speaking region of the country while also enlarging its presence in the German-speaking region. Also, as a result of the transaction, WSP is expected to almost double its workforce in France, adding offices and clients in Paris, Lyon, and Marseille.

Joining forces with BG will capitalize on WSP’s strengths and further scale its capabilities in key sectors, with significant growth opportunities, in Buildings, Environment, Renewable Energy, Water and Industry sectors. It will also add BG’s renowned tunnel expertise, including ventilation, fire protection, and system design, to WSP’s European service offering. The transaction is subject to customary regulatory and closing conditions.

“We are very pleased to announce the proposed acquisition of BG Consulting Engineers, a company with strong technical know-how and a solid reputation in the Swiss and French markets, Integrating BG into WSP will secure our leadership position in Switzerland, strengthen our presence in France and enhance our offering to clients of both firms.”

-Alexandre L’Heureux, WSP’s President and Chief Executive Officer.

This acquisition fits well into WSP’s European strategy. Once completed, it will reinforce our presence in the region and bolster our expertise in our top three markets, Transportation & Infrastructure, Property & Buildings and Earth & Environment, said Mark Naysmith, WSP’s Chief Executive Officer for the UK, Europe, Middle East, and Africa. Through this transaction, we propose to combine two firms with closely aligned values and cultures and a clear focus on clients, projects, people and technical excellence.

“This transaction is an opportunity for both companies, BG’s position will be strengthened in its traditional markets; our clients will benefit from an even wider range of services and our employees will benefit from the advantages inherent in being part of a global organization. We look forward to new growth and development opportunities as we draw on WSP��s international network of experts and contribute to exceptional projects.”

-Pierre Epars, BG’s Chief Executive Officer.

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OneClick BIM is a well established company in India and Dubai which focuses on providing high quality BIM and CAD services to clients in the field of Architecture, Engineering, and Construction through innovative consulting and solutions.

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ENGINEERING TECH,CONSTRUCTION

Hensel Phelps’s Introduces Diverge for Construction Technology Investments

HENSEL PHELPS | January 11, 2023

Hensel Phelps recently launched, Diverge, an investment firm focusing on construction technology and innovation. Diverge will directly source, evaluate, invest and deploy new construction innovations in collaboration with technology startups and innovation partners. The advancements in ConTech, construction building methods and technologies can potentially transform the building process. Small startups are constantly driving innovation, simplifying complex processes by building systems that improve communication and efficiency in construction. Hensel Phelps will interact with these technology companies and help develop new solutions through the Diverge platform. "Over the past decade, we have seen continual advancement in prefabrication, robotics, drones, and many other technology platforms that are having a profound impact on how we deliver projects. Diverge provides Hensel Phelps a structured approach to evaluate and implement innovation in our business," commented Brad Jeanneret, Executive Vice President. "We are investing in the future of our industry," he further added. (Source: PR Newswire) Hensel Phelps aims to positively influence construction technology by assisting startups in their early stages of product development. In addition, technology firms collaborating with Hensel Phelps will also benefit by utilizing the breadth of Hensel Phelps' business, having their products tested in real-world scenarios and assessed by their target audience—the construction professionals. The construction industry is experiencing significant digital disruption with prefabricated solutions, robotics integration, and numerous other innovative solutions, however, the $1.6 trillion construction industry in the United States is the second least digitized of all. Diverge's team and partners are dedicated to discovering and evaluating solutions that will upgrade how the industry plans and manages construction. Diverge is accepting new evaluation submissions and encourages construction innovators to pitch their industry-changing ideas. About Hensel Phelps With headquarters in Greeley (Colorado), Hensel Phelps provides construction, development, and facility services. Founded in 1937, Hensel Phelps plans, builds and manages a wide range of domestic and international project types, including aviation and transportation, government, healthcare, lab and research, multi-residence, commercial office, and more.

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DESIGN,ENGINEERING TECH

Hexagon introduces Elements to help engineers design increasingly complex products with system-level modelling

Hexagon | December 02, 2022

Hexagon's Manufacturing Intelligence division has today introduced Elements, new simulation software that helps engineering teams understand the behaviour of systems that are becoming increasingly complex in modern products. Using the software, teams can evaluate the performance and feasibility of new design concepts quickly to inform more efficient product development and reduce risk and cost. Elements addresses the growing importance of integrated, multi-disciplinary system development and end-to-end workflows. Customers in every industry are demanding technologies that consider many physics domains and tackle mechatronics challenges in a robust way, fuelling a growing trend towards system-level engineering. Achieving this requires the integration of all relevant engineering disciplines, control systems, and third-party supplier systems to understand how the domains interact, and how a design decision in one discipline impacts others. Systems engineers can easily learn to use the Elements software, using its drag-and-drop environment to model any physics type or logic and analyse systems by intuitively connecting blocks – regardless of whether they represent electrical, hydraulic, mechanical components – to solve system-level engineering problems. It is based on the Modelica language, which is an open and widely used standard for building fast, flexible, and customisable models. Systems modelling is indispensable in the early design phases because little information is required – often a CAD model, equation, or lookup table is sufficient and a 3D mesh is not required. Elements further speeds up engineering development because it also ensures that system-level models compute quickly and efficiently by optimising equations and code for fast calculation, but with no loss of fidelity. As the design develops, and components and subsystems are detailed in specialist simulation software, the components can be routinely integrated into a larger system through full compliance with the FMI standard and Hexagon's proprietary SmartFMU technology. SmartFMU unlocks the Functional Mock-up Unit (FMU) for supported Hexagon products so that changes can be made directly in the Elements system-level model without having to go back to the specialist Computer Aided Engineering (CAE) software and its expert user. This helps to avoid resource bottlenecks, time-consuming switching between applications, and versioning problems. Hexagon's roadmap will see its best-in-class CAE technologies readied for easy and productive use with Elements. At launch, the software provides SmartFMU connectivity with Adams multibody dynamics software and Easy5. Future plans are likely to include workflows with Cradle CFD thermal-fluid dynamics and Actran acoustic simulation products, among others. Both standard FMI support and the novel SmartFMU plug-and-play capabilities offer immediate value and address challenges of system complexity, including those for transportation electrification; for example: Helping automotive engineers to find optimal solutions to vehicle range optimization issues by considering a vehicle's energy use under different driving conditions, taking into account eDrive design, regenerative braking, climate control, ADAS safety requirements, and battery choice. Improving the flexibility and accuracy of industrial robotics by designing control systems that take detailed mechanical system vibrations and interactions from multi-body dynamics simulation into account. Right-sizing heavy battery systems in new eVTOL aircraft designs by helping engineers understand the power draw during take-off and landing, safety margins, and thermal management system controls. Implementing safer, more sustainable long-life battery systems by using Elements to design control systems that balance the improved performance of lithium-ion batteries at elevated temperatures with the impact heating has on cell degradation. Elements was developed in close cooperation with Maplesoft, building upon its powerful maths engine to optimise system equations and deliver fast efficient simulation to Hexagon's customers. "We are excited to begin this long-term collaboration with Hexagon, which has an impressive vision and track record of innovation. By combining the tried-and-tested Maplesoft system-level modelling technology with the extensive Hexagon CAE portfolio, engineers in many industries benefit from new productivity-boosting solutions that significantly reduce simulation effort." -Chris Harduwar, VP of Strategic Solutions at Maplesoft Mahesh Kailasam, General Manager for Design and Engineering Software at Hexagon, commented, Elements offers engineers an easy way to explore behaviour of systems quickly and find better solutions to problems using simulation, before committing designs to subsequent resource-intensive engineering processes. We look forward to a long-term collaboration with Maplesoft, using its powerful and open technology foundations to realise synergies with our extensive Hexagon CAE ecosystem portfolio and deliver valuable capabilities to our customers. About Hexagon: Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. We are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications. Our technologies are shaping production and people related ecosystems to become increasingly connected and autonomous – ensuring a scalable, sustainable future. Hexagon's Manufacturing Intelligence division provides solutions that use data from design and engineering, production and metrology to make manufacturing smarter. About Maplesoft: Maplesoft is a leading provider of high-performance software tools for engineering, science, and mathematics. Maplesoft Engineering Solutions provide advanced tools and services for system simulation, calculation management, and systems engineering, helping organisations maximise the power of their engineering knowledge so they can complete their projects quickly and successfully. The Maplesoft product suite includes Maple, the world's most powerful math engine; Maple Flow, math software for engineering calculations; MapleSim, the advanced system-level modeling and simulation tool; and MapleMBSE, which supports a model-based systems engineering approach to requirements management. Maplesoft products and services are used in machine design, robotics, aerospace, automotive, industrial automation, and many other fields where engineers face complex challenges. Maplesoft is a subsidiary of Cybernet Systems Co. Ltd.

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MATERIALS,CONSTRUCTION

Caterpillar Announces Collaboration with Luck Stone to Scale Autonomous Solutions to the Aggregates Industry

Caterpillar | December 16, 2022

Caterpillar Inc. (NYSE: CAT) announced today a collaboration with Luck Stone, the nation's largest family-owned and operated producer of crushed stone, sand and gravel, to deploy Caterpillar's autonomous solution to Luck Stone's Bull Run Plant in Chantilly, Virginia. This will be Caterpillar's first autonomous deployment in the aggregates industry and will expand the company's autonomous truck fleet to include the 100-ton-class (90-tonne-class) Cat® 777. Looking to accelerate autonomous solutions beyond mining, Caterpillar will implement its existing Cat® MineStar™ Command for Hauling system at the Bull Run quarry, on a fleet of 777G trucks. This will allow Caterpillar to gain greater insights on quarry operations in order to tailor the next generation of autonomous solutions specific to quarry and aggregate applications. This project supports the acceleration of autonomous technology for operations with fewer mobile assets to allow a step change in safety and productivity, as currently experienced at large mining operations. "Luck Stone and Caterpillar's partnership has been grounded in shared values for many years, Together we believe that safety, innovation and a commitment to people are critical, not only to propelling important projects like this, but to ensuring our focus on the future and all of the exciting possibilities technology affords our industry. Our collaboration will provide opportunities for associates to learn and grow, improve safety and result in production efficiencies. We are thrilled to partner with Caterpillar to achieve this 'first' for our industry." -Charlie Luck, President and CEO of Luck Companies. Caterpillar has a long-standing relationship with Luck Stone, and we look forward to working together to bring the demonstrated benefits of increased safety and productivity to the quarry industry. We're excited to get in the dirt and work alongside Luck Stone's innovative team, so we can learn how to scale our already proven mining solution for another industry, said Denise Johnson, Caterpillar Group President of Resource Industries. The current autonomy solutions will be implemented in 2024. This project builds on Caterpillar's long history in autonomy and automation. Caterpillar is recognized as the industry leader with the world's largest fleet of autonomous haul trucks, now numbering more than 560 trucks. These trucks have traveled more than 187 million kilometers and autonomously moved more than 5.1 billion tonnes – most notably – all without a single zero lost-time injury. About Caterpillar With 2021 sales and revenues of $51.0 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels. About Luck Stone Through three generations of family leadership, Luck Stone has been building strong communities for 100 years. Luck Stone, a division of Luck Companies, is the nation's largest family-owned and operated producer of crushed stone, sand and gravel. A responsive and creative partner to the construction, civil engineering and environmental industries, Luck Stone provides consistent, quality aggregate materials and services that serve as the foundation of roads, bridges and buildings.

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