ENGINEERING TECH

PulteGroup Announces Expansion of Innovative Construction Group Operations into South Carolina

PulteGroup | November 21, 2022 | Read time : 02:00 min

PulteGroup Announces NEws
PulteGroup, Inc. (NYSE: PHM) today announced the unveiling of its subsidiary Innovative Construction Group’s second off-site solutions manufacturing operations in Florence, South Carolina. Focused on single-family and multi-family wood framed construction, this facility will expand ICG’s production and distribution capabilities to meet growing demand in the Southeast.

“Part of the Company’s ongoing expansion of the ICG platform, we are excited to open our newest off-site production facility, This facility increases the scope of ICG’s manufactured framing solutions to serve new home construction in South Carolina, including PulteGroup’s communities in Myrtle Beach, Charleston, Hilton Head, Rock Hill and Columbia.”

-Ryan Marshall President and CEO, PulteGroup.

The Florence operation integrates cutting-edge technology, automation and intellectual property exclusive to ICG to deliver a comprehensive range of framing solutions. Designed to enhance production efficiency and build quality, ICG provides design services, wall panels, roof trusses and floor systems, and on-site installation to provide a fully integrated shell construction process.

“Opening a facility in South Carolina was a natural next step to expanding the ICG platform as it allows for collaboration with our operations in Florida, while extending our offerings and services to several new housing markets, With this expansion completed, we are excited to shift focus towards further vertically integrating our operations.”

-Ryan Melin, Co-Founder and President of ICG.

About PulteGroup:
PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 40 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.

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CONSTRUCTION

Procore Announces Winners of 2022 Groundbreaker Awards

Procore Technologies, | November 14, 2022

Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced the winners of the 2022 Groundbreaker Awards at Procore’s annual industry event in New Orleans, Groundbreak. The Groundbreaker Awards celebrate the companies, projects and individuals that drive excellence across the construction industry. “Behind every great project, there are outstanding people. The Groundbreaker Awards honor our customers who are leading and positively influencing the construction industry on a daily basis, Congratulations to all of the winners of the Groundbreaker Awards.” -Tooey Courtemanche, President, Founder and CEO of Procore. Procore selected 27 companies, projects and individuals as finalists for groundbreaking achievements. Kassy Morris, Head of Procore Construction Learning, presented the nine awards to the winners of the 2022 Groundbreaker Awards: Excellence in Sustainability: Hathaway Dinwiddie Construction Company Excellence in Workforce Development: Roebbelen Contracting, Inc Excellence in Innovation: Truebeck Construction Excellence in Safety: McCarthy Building Companies, Inc Excellence in Community: Blue Door - Construct Groundbreaker of the Year: Atul Paralkar, Executive Director of Business Intelligence | Operational Excellence, Holt Construction Corp. General Contractor Project Excellence: Skanska USA Specialty Contractor Project Excellence: Willmar Electric Service Owner Project Excellence: Duke Energy in partnership with Ameresco & D3Energy. About Procore: Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore's platform. Our platform connects every project stakeholder to solutions we've built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore's App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada, and around the globe.

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ENGINEERING TECH,CONSTRUCTION

Green Canopy NODE Launches Equity Crowdfunding Raise to Democratize Investment, Now Live on StartEngine

Green Canopy NODE | December 02, 2022

Green Canopy NODE is pleased to announce the launch of its first crowdfunding campaign, now available for investment to the public on StartEngine. The Seattle-based construction technology, real estate development, and fund management company has long believed that investment in private companies should be democratized. Launching this campaign allows everyone, not just institutional or accredited investors, to invest in revolutionizing the construction industry to build more sustainable, healthy homes faster. "We are excited about crowdfunding because it gives more people an opportunity to be a part of transforming how homes are built while at the same time offering real positive social and environmental impact for our communities and the planet, When individuals with normal incomes align their values to their investments, they become direct participants in positive transformation with us –they become impact investors for a better world." -Co-CEO Aaron Fairchild. Green Canopy NODE is raising capital to scale its technology development with innovative construction products that simplify construction while boosting productivity – building faster and more sustainably. The company leverages its integrated construction ecosystem, proving product-market fit on-site through its certified green real estate development pipeline and real estate funds. In 2023, Green Canopy NODE plans to install millions of dollars worth of utility and structural products on site and develop a new region of expansion across the US – selling to other developers and builders directly and through channel partners with its configurable product catalog. "Our roadmap is clear – we're here to scale healthy and sustainable homes from everyone, Given the labor and supply shortages, traditional homebuilders simply can't produce enough. It's time to revolutionize the industry, and we see our integrated construction ecosystem as the model required for scale." -Co-CEO Bec Chapin. The vertically integrated company is also an experienced fund manager. Green Canopy NODE Capital has successfully launched and managed four real estate funds and is soon to launch its pioneering fifth fund on mass timber. Learn more about Green Canopy NODE's offering and how to invest at www.startengine.com/greencanopynode. About Green Canopy NODE: Green Canopy NODE is an integrated construction technology, real estate development, and fund management company. Over its history, it has sought to embrace the innovation required to change the current paradigm of housing development and deliver on its commitment to help regenerate communities and environments. The company works with its clients and investors to develop high-performing, deep green, all-electric, and healthy housing.

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MATERIALS,ENGINEERING TECH

TYLin Bolsters Water Sector Capabilities with Acquisition of Greeley and Hansen, an Award-Winning, Global Water Engineering Firm

TYLin | December 22, 2022

TYLin, a globally recognized, full-service infrastructure consulting firm, announced today it is expanding its water and wastewater capabilities in North America with the acquisition of Chicago-based Greeley and Hansen, a leading water infrastructure engineering firm known for creating some of the world’s largest and first-of-its-kind water and wastewater treatment facilities in the U.S. and Latin America. Greeley and Hansen will continue to go to market as Greeley and Hansen, A TYLin Company. Founded in Chicago in 1914, Greeley and Hansen is an award-winning global engineering, architecture, and consulting firm solely dedicated to providing sustainable engineering solutions for a broad range of water, wastewater, and solid waste challenges. With over 100 years of proven civil and environmental engineering experience in all phases of project development and implementation, the firm has grown to become a premier global provider of comprehensive services in the water sector. With more than 20 offices in the U.S. and Latin America, Greeley and Hansen is dedicated to designing better urban environments worldwide. “The acquisition of Greeley and Hansen advances our strategy to leverage our current water sector capabilities to help transform TYLin into a leader in the water market in the Americas, TYLin’s prowess in infrastructure, coupled with Greeley and Hansen’s strong industry-wide reputation in water and wastewater engineering technologies and construction, will make us a powerful force as we strive to improve the quality of life in the communities our clients serve.” Matthew G. Cummings, P.E, President and Chief Executive OfficerTYLI Group For more than a century we have made it our mission at Greeley and Hansen to improve urban environments by solving complex water, wastewater, and solid waste challenges with sophisticated engineering solutions, said John C. Robak, Chairman and CEO of Greeley and Hansen. Our bespoke engineering solutions and designs have created some of the world’s best and largest water and wastewater treatment facilities -- from Chicago to Colombia. As part of TYLin, Greeley and Hansen will have even more resources and scale, and an even greater ability to provide clients with the advanced technologies and innovative ideas we have been known for since our founding 11 decades ago. This coming together is very symbiotic. TYLin offers broader engineering resources and provides us with tremendous breadth, while Greeley and Hansen is an expert in water, providing TYLin with amazing depth.” As part of the acquisition, Greeley and Hansen’s Chairman and CEO John C. Robak will step down after serving as an advisor during the transition. He plans to continue his endeavors in philanthropy and civic engagement. Greeley and Hansen Chairman Emeritus Andy Richardson and President Paul Vogel will retire. TYLin’s newly expanded water sector will now be led by Greeley and Hansen’s Michael J. Hope, P.E., who was previously a Principal and Executive Vice President at Greeley and Hansen, leading client engagements and business development. Hope joins TYLin as President of Greeley and Hansen and Senior Vice President of TYLin. TYLin’s Abe Khademi, SVP, will continue to oversee the TYLin Water Sector in Canada and work with Hope to develop plans for a unified water team. In addition to being a very strategic business decision, the acquisition of Greeley and Hansen is also a solid cultural fit, said TYLin’s Cummings. Our firms have similar cultures and priorities. We both place immense value on our people, our portfolio of clients and projects, and the impact we are recognized for delivering to our clients and the communities we serve. These constants have driven our individual success and, together, will remain a key tenet to our future growth and success. In early 2022, TYLin reorganized its operations into market-facing sectors focused on the diverse segments of the buildings, transportation, and water sectors. In April, TYLin acquired Silman, a leading structural engineering firm to enhance its buildings sector. The acquisition of Greeley and Hansen supports the firm’s strategy to grow its global water practice. About TYLin Founded in 1954, TYLin is a globally recognized, full-service infrastructure consulting firm committed to providing innovative, cost-effective, constructible designs for the global infrastructure market. With 3,200 employees working in 65 offices throughout the Americas, Asia, and Europe, the firm provides support on projects of varying size and complexity. TYLin is part of Dar Group, one of the world’s leading architecture, engineering, project management and energy consultancy groups. About Greeley and Hansen Founded in Chicago in 1914, Greeley and Hansen is an award-winning global engineering, architecture, and consulting firm solely dedicated to providing sustainable engineering solutions for a broad range of water and wastewater challenges. With more than 100 years of proven civil and environmental engineering experience in all phases of project development and implementation, the firm has grown to become a premier global provider of comprehensive services in the water sector. With more than 20 offices, Greeley and Hansen is dedicated to designing better urban environments worldwide. Greeley and Hansen’s first client — Metropolitan Water Reclamation District of Greater Chicago — remains a key client today, 108 years later, along with a stellar roster of other world-class municipal water utilities and industrial clients.

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CONSTRUCTION

Franklin Construction Group Remains Industry Leader in Middle Tennessee

Franklin Construction Group | December 15, 2022

Franklin Construction Group (FCG), a leader in the construction industry in Tennessee, today announced its milestone of $450 million in building contracts, with another $315 million in its construction pipeline from 2022 through 2025. Projects under contract span Middle Tennessee and include approximately 250 single-family homes, 100 townhouses, and over 1,780 apartments. FCG projects include construction and renovations in Spring Hill, Gallatin, Nashville, Lebanon, and Franklin. "We attribute our exponential growth to our team's long-standing track record of delivering efficient, on-time construction projects while maintaining our relationship-first commitment, We feel fortunate that the construction industry is thriving throughout Middle Tennessee, enabling us to continue delivering high-quality projects." -Will Schaedle, Senior Partner at Franklin Construction Group. 2022-2025 Franklin Construction Group projects in Tennessee include: Chartwell Manor at Beechcroft,124 houses in Spring Hill, is a residential development comprised entirely of single-family homes. The Chartwell at Green Lea,garden apartments, townhomes, and single-family houses, is a new mixed-use residential community planned for Gallatin, TN, on 44 acres. The development, currently under construction, will consist of 414 apartment units, 65 townhome units, and 49 single-family homes. The residential development will also include upscale amenities, such as a fitness center, an oversized pool, grilling stations, and a centralized clubhouse for their use. The Chartwell at Marathon Village are wrap-style/podium construction apartments and townhomes in downtown Nashville on the former Union Station Brick Yard site. The Marathon Village project is in a Qualified Opportunity Zone, a federally designated distressed community marked for revitalization, economic development, and job creation. This property will feature a luxury pool, outdoor amenity space, tenant-shared workspaces, a state-of-the-art fitness center, and a parking garage. Fitzroy Townhomes at Lebanon Marketplaceis answering the call for more housing opportunities in greater Nashville. Its locale is considered the "new gateway" to Lebanon. The project comprises 33 townhomes as part of a mixed-use development of 75 acres north of Interstate 40. Watkins North,wrap-style apartments in downtown Nashville, will have 377 apartments with upmarket appliances and finishes. In addition, it will feature amenities such as a tenant clubhouse, a state-of-the-art fitness center, an outdoor pool, and a parking garage. The Chartwell at Kedron Square, a garden apartment and single-family home development in Spring Hill, is part of a 124-acre master-planned community. It features a 292-unit multifamily apartment and 27 single-family cottages. Kedron Square will be one of the largest commercial districts in Spring Hill. Marriott Cool Springs, in Franklin, included renovating all guest rooms and bathrooms at the Franklin Marriott and the addition of the M-Club lobby lounge. The hotel is connected to the Cool Springs Conference Center and features nearly 30,000 square feet of event space plus 300 hotel rooms. Solstice at June Lake,garden apartments in Spring Hill, is an example of FCG providing construction company expertise to other qualified and reputable developers. Southeast Venture is the owner/developer of this project. Franklin Construction Group has become an industry leader in major Middle Tennessee markets. Since February 2021, they have created more than 1,000 jobs for the region's subcontractors, vendors, and suppliers. About Franklin Construction Group: Franklin Construction Group is the affiliate construction company for the Chartwell Companies. Its mission is to capitalize on its team's vast skills and experience to deliver cost-effective, timely construction projects of the highest quality. With completed projects exceeding $4 billion in aggregate value, the team has over 100 years of combined construction experience. This includes over 12,000 apartments, 15,000 single-family homes, 50 hotels, and several hundred thousand square feet of commercial space.

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