Hepsor | September 06, 2022
Hepsor JG SIA, a subsidiary of Hepsor AS, signed a sale-purchase agreement on 1 September 2022, for acquiring a property in Jurmala Gatve Street, Imanta district, Riga. The property will accommodate a three-storey A-energy class residential building with 40 apartments and sellable area of approximately 2,500 m2.
According to Henri Laks, member of the Management Board of Hepsor AS, the location of the property in the immediate vicinity of the Anninmuiža park, and the A-energy class of the planned building support the Group's concept of green thinking. Construction of the new development project is expected to start at the end of 2023.
About Hepsor AS:
Hepsor AS is one of the fastest growing residential and commercial real estate developers in Estonia and Latvia. Over the last ten years Hepsor has developed more than 1,400 homes and 23,000 m2 of commercial space. Hepsor has been the first real estate developer in the Baltic States to implement a number of innovative engineering solutions that make the buildings we construct more energy-efficient and thus more environmentally friendly. The company's portfolio is comprised of 25 development projects with a total sellable space of 176,000 m2.
PGT Innovations | August 29, 2022
PGT Innovations (NYSE: PGTI), a national leader in the premium window and door category, recently ranked No. 1 in the engineering and manufacturing category on Forbes’ America’s Best-in-State Employers list for 2022.
This year’s complete list featured 1,380 companies across the U.S. in 25 industry sectors. For the state of Florida, PGT Innovations was one of only 33 companies to make the list.
To compile the list, a survey was conducted among 70,000 U.S. employees across 25 industry sectors. The survey took into consideration every aspect of an employee’s experience, including working conditions, salary, potential for growth, and diversity in the workplace, and also asked for direct recommendations from employees as well as indirect recommendations from workers in the industry. Thousands of companies are eligible for this recognition, with only a select few awarded in each state.
"This recognition is a true testament to the incredible teams across our organization who strive every day to make PGT Innovations a great place to work, Our company’s success is owed to our team members, and that success is how we are able to continue investing back into our organization – improving our facilities and processes and providing competitive wages, benefits, and growth opportunities. But beyond that, it’s our team members who create this outstanding environment, foster community across our national footprint, and make up our culture of togetherness by living our values every day.”
-Jeff Jackson President and CEO of PGT Innovations.
Prior to this recognition, PGT Innovations has been named on several of Forbes’ lists, including America’s Best Midsize Employers in 2022, Best Small-Cap Company in 2022 and 2021, Best Small Companies in 2021, and the inaugural list of America’s Best-in-State Employers in 2019, to name a few.
PGT Innovations has approximately 5,500 team members across the U.S. to support its 30 facilities, which includes manufacturing plants, glass plants, brand retail stores, warehouses, and install offices. The manufacturer offers robust benefits packages with competitive wages and healthcare benefits, as well as up to 100-percent tuition reimbursement, internal programs for skills training, paid time off, volunteer time off, profit sharing, an employee stock purchase program, and employee assistance programs. The company recently launched Workplace from Meta to serve as the organization’s internal communication platform with the goal of better facilitating employee engagement and connection, as well as supporting its culture of inclusion.
About PGT Innovations, Inc:
PGT Innovations manufactures and supplies premium windows and doors. Its highly engineered and technically advanced products can withstand some of the toughest weather conditions on Earth and are revolutionizing the way people live by unifying indoor and outdoor living spaces.
PGT Innovations creates value through deep customer relationships, understanding the unstated needs of the markets it serves, and a drive to develop category-defining products. PGT Innovations is also the nation’s largest manufacturer of impact-resistant windows and doors and holds the leadership position in its primary market.
The PGT Innovations’ family of brands include CGI®, PGT® Custom Windows and Doors, WinDoor®, Western Window Systems, Anlin Windows & Doors, Eze-Breeze®, NewSouth Window Solutions, and a 75 percent ownership stake in Eco Window Systems. The company’s brands, in their respective markets, are a preferred choice of architects, builders, and homeowners throughout North America and the Caribbean. Their high-quality products are available in custom and standard sizes with massive dimensions that allow for unlimited design possibilities in residential, multi-family, and commercial projects.
Premier Building Systems | September 09, 2022
The expanded Premier Building Systems (PBS) family of products now includes more building material systems within the PBS Organization. Under common ownership since 2018, Premier SIPS, R-Shield Insulation, R-Shield Geofoam, and Premier ICF (formerly Diamond Snap-Form) product brands now fold into Premier Building Systems. The Big Sky R-Control SIPs brand, also owned by the same family, is now being marketed under the Premier SIPS brand. There has been no sale, merger, or change in company ownership. These changes only affect the trade name and building system brands, while efficiently consolidating organizational resources to best serve customer needs.
"Under the umbrella of PBS (Premier Building Systems), each brand fits perfectly into our niche – manufacturing superior products that are faster, stronger, and far greener for architects, contractors, and developers to use in building design and construction. We remain committed to offering the industry's top echelon of sustainable building systems, With all these superior building system product lines, we have remained committed to continued growth through investments in production, innovation, and sustainability. As the demand for environmentally responsible building products has grown, our wide offering of building systems has also grown to serve customers across North America."
-Brad Huempfner, PresidentPBS Organization.
This family of brands fosters Premier Building Systems' ability to combine research and development, technical, production, and distribution resources across all brands, offering exceptionally high-performance construction and building system solutions from the foundation up.
About Premier Building Systems:
Family-owned and operated since the 1970s, Premier Building Systems (PBS) proudly manufactures high-performing, sustainable building systems from the foundation up. Committed to developing and utilizing efficient equipment and processes, PBS continually strives to provide exceptional value, service, and systems to their customers.
ABC | September 14, 2022
Associated Builders and Contractors reports today that its Construction Backlog Indicator remained unchanged at 8.7 months in August, according to an ABC member survey conducted Aug. 22 to Sept. 7. The reading is a full month higher than in August 2021.
Backlog is down from the levels of the second quarter of 2022 but remains higher than at any point from March 2020 to March 2022. While the CBI reading fell for contractors in the South in August, it remains the U.S. region with the lengthiest backlog.
ABC’s Construction Confidence Index readings for sales, profit margins and staffing levels increased in August. The index for profit margins bounced back into positive territory while the sales and staffing level indices remained above 50, indicating expectations of growth over the next six months.
“Despite the high risk of recession, contractors collectively expect sales, employment and profit margins to grow over the next six months, Backlog is down from the cyclical peak in early 2022 and has been roughly flat in recent months,The buoyancy of the nation’s nonresidential construction marketplace is really quite remarkable, Rising interest rates have already driven the single-family homebuilding market into recession, but brisk nonresidential activity continues. Many nonresidential contractors are operating at capacity, and their principal frustrations relate to supply-side issues like worker shortages, equipment delivery delays and elevated materials prices, as opposed to demand for their services."
-Anirban Basu, Chief Economist ABC.