Materials, Construction
PR Newswire | January 04, 2024
CemAI, Inc. has teamed up with Continental Cement Company L.L.C.'s (Continental Cement) Hannibal, MO plant to install CemAI's predictive and prescriptive maintenance solution, combining a unique licensed software with a continuous monitoring and incident resolution service to further enhance its cement manufacturing performance."
The CemAI solution uses Continental Cement's existing historical and real-time manufacturing data and applies machine learning, artificial intelligence and remote monitoring by cement experts to complement the expertise of Continental's local plant maintenance and reliability teams. This robust solution brings plant maintenance into the digital age."
"We considered a number of approaches to utilizing our data to improve our maintenance efforts, eliminate downtime and increase equipment reliability," says Timothy J. Noud, Vice President of Manufacturing at Continental Cement. "CemAI offers a cement-centric, end-to-end machine learning/artificial intelligence service solution."
Continental Cement has built its business on consistent quality, superior service, and delivering a safe working environment since they began producing cement at their Hannibal location in 1903. A leader in innovation and sustainable cement production, Continental Cement provides high quality cement for projects along the Mississippi corridor and is a subsidiary of Summit Materials, Inc. "
"CemAI is proud to be collaborating with an industry leader on innovative ways to use data," says Scott Ziegler, Chief Executive Officer for CemAI. "We thank Continental Cement for their confidence in the CemAI solution to provide increased efficiency, improved reliability and optimized operations."
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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.
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Construction
PR Newswire | January 03, 2024
Construction Partners, Inc, a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired SJ&L General Contractor, LLC, a hot-mix asphalt and sitework company headquartered in Huntsville, Alabama, and Littlefield Construction Company, a soil base, surface treatment and sitework company headquartered in Waycross, Georgia.
Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "A key component of our growth strategy is to actively expand service capabilities within existing markets. Both the SJ&L and Littlefield acquisitions expand our services offerings in existing markets while also adding valuable crews and equipment."
Smith continued, "The greater Huntsville metro area and Interstate 65 corridor continue to experience tremendous growth, and we look forward to integrating the SJ&L team with our existing operations at our Alabama platform company, Wiregrass Construction Company. As a combined organization, we can now offer turnkey services spanning the construction value chain on both private and public project opportunities within this market. Likewise, our Georgia platform company, The Scruggs Company, entered the Waycross market just a few months ago through the establishment of a greenfield hot-mix asphalt plant. Now having acquired Littlefield, we are even better positioned to capitalize on a robust surface treatment market and to offer a full range of infrastructure services from a strategic location that can reach from the Port of Brunswick on the Atlantic coast into south-central Georgia. We are pleased to expand both of these crucial growth markets and proud to welcome the employees of SJ&L and Littlefield into our continually growing CPI family."
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Engineering Tech, Construction
Business Wire | February 01, 2024
Comfort Systems USA, Inc. today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas.
As previously disclosed, Summit is a specialty industrial mechanical contractor offering engineering, design-assist and turnkey, direct hire construction services of modular systems serving the advanced technology, power, and industrial sectors. Summit’s capabilities encompass a wide range of modular and site-based construction, including process piping, equipment setting, large pipe rack trestles, and related steel erection and specialty concrete work. Summit is a trusted supplier to some of the world’s largest advanced technology, power and industrial companies and is currently deployed on several major chip fabrication projects. Initially, Summit is expected to contribute annualized revenues of approximately $375 million to $400 million, and earnings before interest, taxes, depreciation, and amortization of $35 million to $40 million. In light of the amortization expense, Summit is expected to make a neutral to slightly accretive contribution to earnings per share in 2024 and 2025.
Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are delighted to announce the closing of our agreement to acquire Summit, an extremely capable provider of modular and other complex mechanical services. Summit brings a stellar reputation as a modular technology leader in growing end markets, including multiple ongoing and large semiconductor projects. We are happy to welcome Summit’s wonderful leadership team and excellent production and craft workers across many states, and we are confident Summit will continue to innovate and grow as a part of our network of world-class contracting companies. We are grateful that Summit has chosen to become part of Comfort Systems USA.”
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