How essential is construction during the coronavirus pandemic?

Curbed | March 30, 2020

The COVID-19 pandemic has slowed life down for millions of Americans, but it hasn’t for Evan Adams, a specialty spots contractor based in Northern California. He currently has five in-progress construction projects, mostly installing school gymnasium floors, that are going full steam ahead due to contractual obligations. In construction, time is money, even during a global health crisis. More than anything we need schools to extend deadlines and just slow the pace, Adams says. It is not essential to keep going at normal speeds. The federal government hasn’t issued specific mandates to the construction industry, so states and cities are enacting their own policies. California Gov. Gavin Newsom issued an executive order on March 19 instructing all residents statewide to stay at home, but he granted exceptions for essential workforce, which includes construction workers who support the construction, operation, inspection, and maintenance of construction sites and construction projects, including housing construction.

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ENGINEERING TECH

Saulsbury Awarded EPC Contract for Two Cryogenic Processing Facilities in West Texas

Saulsbury | January 18, 2022

Saulsbury was recently awarded the EPC contract for the design and installation of two cryogenic processing facilities in the Midland Basin. The facilities, designed with a base-rated capacity of 200 MMSCFD each, mark Saulsbury's 61st and 62nd cryogenic processing facility projects since 2006, representing nearly 11 BCFD of processing capacity, and its 23rd and 24th cryogenic processing facility in the West Texas region. Saulsbury will be responsible for the engineering, procurement, and construction of the processing facilities that will include amine treating, molecular sieve dehydration, cryogenic gas processing, residue gas compression, nitrogen rejection, slug catching, condensate stabilization, and all balance of plant equipment, utilities, electrical, instrumentation, and controls infrastructure. Work on this facility started in December with a phased commissioning starting in late 2022. "This important project will continue to showcase Saulsbury's position as a premier EPC contractor for delivering high-quality, speed-to-market solutions for the midstream gas processing space,Our continued practice of implementing project-specific design innovations and optimization will further strengthen our commitment to delivering one of the Midland Basin's premier facilities for our client." -Sean Trotter, Saulsbury VP EPC Engineering/Major Projects. For Saulsbury, this award further solidifies the company's reputation and longstanding history as an industry leader in the oil and gas industry for self-performing the full engineering and construction of cryogenic gas processing facilities. Saulsbury is well known in this industry for its successful project execution and world-class safety performance. About Saulsbury Industries Saulsbury Industries is a full-service engineering, procurement, fabrication, and construction company that specializes in building the infrastructure necessary to fuel the future. Saulsbury serves its clients in heavy industrial markets by designing and building safe, well executed, capital-efficient projects nationwide. Headquartered in Odessa, Texas, the company's national office footprint includes Dallas, Houston, Port Arthur, Henderson, Abilene, Pecos, and Corpus Christi, TX; Carlsbad, NM; Tulsa, OK; and Bismarck, ND. For more information, please visit www.saulsbury.com and follow Saulsbury on LinkedIn, Facebook or Twitter.

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MARKET

The Austin Company Acquires Gala & Associates Inc.

The Austin Company | February 01, 2022

The Austin Company, a design-builder established more than 140 years ago, has acquired Gala & Associates, Beverly Hills, Michigan. Founded in 1987, Gala provides architectural engineering, design, and project management services for automotive assembly and heavy industrial facilities. "Gala & Associates is an exceptional business. I have a high regard for Chuni Gala and his leadership team. The relationships and trust they have earned from the major automotive manufacturers is testament to their values and integrity. Those values align completely with Austin's, Gala has a great name, culture, and business model. We are treating this as an acquisition, not a merger." -Austin's president and CEO, Mike Pierce. The acquisition of Gala & Associates compliments The Austin Company's strategy to expand its design and engineering share of the automotive and heavy industrial facilities market. Austin expands Gala's capacity by providing additional structure and support through its network of offices, including its parent company Kajima USA. "With over 35 years of service and the creation of many treasured relationships throughout the industry, our reputation for design and engineering for the automotive industry is unparalleled. We take pride in our hands-on approach to every project and look forward to continuing to serve our clients while incorporating the resources Austin and Kajima provide to expand our market base and build new relationships," -Chuni Gala, Gala and Associates President. Austin was founded in Cleveland, Ohio, in 1878. Its headquarters remain in Cleveland, with offices in Atlanta, Georgia; Irvine, California; Kalamazoo, Michigan; San Luis Potosi, Mexico; and London, England.

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ENGINEERING TECH

HCL Technologies Expands Reach in Canada with New Engineering and R&D Center

HCL Technologies | January 28, 2022

HCL Technologies (HCL), a leading global technology company, has opened its Innovation Center focused on Engineering and R&D services in Edmonton, Alberta. Bringing together an ecosystem of partners from academia, government institutions, startups and technology providers, HCL’s Innovation Center will serve as a hub for HCL Engineering teams to co-innovate with customers and solve complex business problems for clients globally.The Edmonton Center will house an engineering and co-innovation lab, which will enable high tech and software clients, including Fortune 100 leaders, to not only envision their products, but also to see rapid product prototyping, collaborative research and continuous learning to create faster time to market. Clients can leverage the Center to create new product designs while collaborating on go-to-market solutions. The Edmonton team will be engaged in product engineering, platform engineering, operational technology services and next-generation engineering, research and development. As part of its expansion, HCL Technologies will hire college graduates from local educational institutions including The University of Alberta, MacEwan University, NAIT, SAIT and others. “The Edmonton Innovation Center represents a significant expansion of our world-class technology talent and exceptional engineering presence in Canada, Engineering-led digital transformation is set to re-imagine the business landscape, and the excellent facilities at our Edmonton Center provide the right environment for shaping the future of the IT industry.” -Joelien Jose, Executive Vice President and Country Head, Canada, HCL Technologies. I am pleased to welcome HCL to our community," said Amarjeet Sohi, Mayor of Edmonton. “This announcement is the beginning of a new partnership between our city and the company, and today's announcement is proof that Edmonton is a great place to do business. HCL's expansion into Edmonton is another sign of the record growth of Alberta's technology sector,” said Doug Schweitzer, Minister for Jobs, Economy and Innovation, Government of Alberta. “It is exciting to see HCL identify Alberta as the place to invest due to the amazing talent we have here and the business environment we've created. I look forward to seeing the partnerships and innovations that come from this new Center. The Edmonton Metropolitan Region is a great place for HCL Technologies to continue its expansion into Canada,” said Malcolm Bruce, CEO, Edmonton Global. “Our region's tech sector continues to attract investors through our high quality of life, world-class talent and affordability. We're excited to watch HCL expand and grow here. In addition to the Edmonton Center, HCL Technologies’ continued success in Canada is driven by the support of Global Delivery Centers in Mississauga, Ontario, and Moncton, New Brunswick. For more details on employment opportunities at HCL Technologies, please visit www.hcltech.com/careers. About HCL Technologies HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1- 2-3 strategy, based on its deep-domain industry expertise, customer-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services. As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. For the 12 months ended Dec. 31, 2021, HCL had consolidated revenue of US$11.18 billion. Its nearly 198,000 ideapreneurs operate out of 52 countries.For more information, visit www.hcltech.com.

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CONSTRUCTION

Onyx+East and Pretium Start Construction of Inaugural Build-to-Rent Community

Pretium | March 21, 2022

Onyx+East, an award-winning homebuilder headquartered in Indianapolis and known for its modern and functional home designs, and Pretium, a specialized investment firm with $40 billion in assets, today announced the start of construction of Monterey, the first build-to-rent ("BTR") community under development through their previously announced joint venture. As part of the joint venture, Onyx+East and Pretium are committed to investing approximately $600 million to develop, build, and operate new single-family, BTR communities across key Midwestern markets and along Florida's West Coast. Monterey will be a 24-home BTR community in Tampa, Florida with brand-new townhomes that incorporate sustainable home features such as luxury vinyl plank flooring and stucco exteriors, providing a sustainable and modern rental option. Located among the vibrant neighborhoods of West Tampa and Westshore, the location also provides easy access to Midtown Tampa, a 22-acre mixed-use district featuring Class A office space, mixed-use retail and entertainment, luxury apartment residences, and a boutique hotel. Residents will have the option to rent three- and four-bedroom townhomes with attached garages and will be walking distance from Midtown Tampa's coveted urban amenities including Whole Foods, REI, a community dog park, and a watercourse trail. Monterey is a short commute from employment centers with over 160,000 jobs and major economic drivers including The University of Tampa, West River Development, and the Tampa General Hospital. "This attractive location in Tampa's Midtown offers residents convenient transportation options throughout the Tampa/St. Pete metro area and plentiful opportunities for shopping, dining, and outdoor activities, Monterey will provide a desirable alternative to typical apartment living, offering residents a higher quality rental experience featuring private garages, dedicated outdoor spaces, and open and flexible floor plans." Onyx+East's CEO, Kelli Lawrence "Our partnership with Onyx+East and the Monterey project are emblematic of the high-quality, accessible, and affordable homes we are committed to building, renting, and operating," said Matt Johnston, Managing Director and Head of Build-to-Rent at Pretium. "This BTR community will offer Tampa residents a single-family lifestyle of modern, sustainable, and healthy homes with amenities and a location that we know our residents want. With today's national housing supply shortage only intensifying, we will continue to work with our partners to build homes and play a leading role as part of the private capital solution." Monterey will be located at 1315 N. Himes Avenue. The joint venture purchased the land in February 2022 and the first units are expected to be available to rent in Q4 2023. About Onyx+East Onyx+East is a full-service homebuilder executing development, construction, marketing, design, and sales with four offices in the Midwest and Florida. Founded in 2015 to deliver homes in the most desirable locations with an exceptional customer experience, Onyx+East creates places designed for modern living that are connected within growing cities and suburbs. Through creativity, innovation, and sustainability, Onyx+East creates communities that are changing the way people live, work and "do life." For more information, visit onyxandeast.com. About Pretium Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium's platform has approximately $40 billion of assets under management as of February 1, 2022 and employs more than 3,000 people across 30 offices, including London and Dubai.

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