Mont Alto STEM Camp students get education in engineering

When high school students attending this weeks Penn State Mont Alto STEM Camp visited Manitowoc in Shady Grove on Wednesday, they found themselves surrounded by lots of engineers. Not coincidentally, they all had Penn State engineering degrees behind their names, making it an appropriate place to learn about potential careers in the field. Everyone helping with the camp today graduated from Penn State,” Manitowoc design engineer Bradley Calaman said. We are here today because we’d like to see them get a broad understanding of engineering in general. All week, the incoming ninth- and 10th-graders are exploring science, technology, engineering and mathematics through hands-on activities. Another field trip was to the state-of-the art Pennsylvania Research and Teaching Laboratory for Biofuels at Penn State Harrisburg to learn about high-tech DNA-profiling techniques. Calaman told the students that, depending on the engineering concentration, every part of STEM is important. Really, engineering is very broad he said. We’re trying to give them a taste of a lot of different things that we do here.

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Comfort Systems USA Announces Acquisition

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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