ENGINEERING TECH

TechnipFMC and Saipem Announce SURF Commercial Agreement to Unlock New Opportunities

TechnipFMC & Saipem | October 28, 2021

TechnipFMC (NYSE: FTI) (PARIS: FTI) and Saipem (MILAN: SPM)  announced the two companies have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients.

The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where the combination of the companies’ complementary world-class assets, technologies, products and competencies improves project economics and de-risks the overall project development for the benefit of all stakeholders.

  “The SURF commercial agreement with TechnipFMC represents an important milestone to offer a more competitive and reliable value proposition to our clients. The agreement will provide a pool of complementary enabling vessels and facilities and a consolidated Reel laying and J-laying technology base. Together we will be able to provide a full service for those challenging developments requiring an ample range of technologies and capabilities. We are very excited with this commercial agreement and with the opportunities that will be released to the benefit of our stakeholders.”

-Stefano Porcari, Chief Operating Officer of the E&C Offshore Division, at Saipem

The collaboration will have access to a broad range of SURF products and installation methods, providing greater operational flexibility and optimized execution strategies under EPCI (Engineering, Procurement, Construction and Installation) and iEPCITM (integrated Engineering, Procurement, Construction and Installation) project execution models.

 “We are very pleased to partner with Saipem for the creation of this alliance. Working together with Saipem, we will be well-positioned to efficiently utilize complementary assets and capabilities to create differentiated technical solutions that further optimize project execution. Importantly, the strengthened offering will also expand the potential market for iEPCI™ opportunities when combined with TechnipFMC’s innovative Subsea 2.0™ production systems.”

-Jonathan Landes, President, Subsea, at TechnipFMC

Stefano Porcari, Chief Operating Officer of the E&C Offshore Division, at Saipem commented: “The SURF commercial agreement with TechnipFMC represents an important milestone to offer a more competitive and reliable value proposition to our clients. The agreement will provide a pool of complementary enabling vessels and facilities and a consolidated Reel laying and J-laying technology base. Together we will be able to provide a full service for those challenging developments requiring an ample range of technologies and capabilities. We are very excited with this commercial agreement and with the opportunities that will be released to the benefit of our stakeholders.”

About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.

About Saipem
Saipem is an advanced technological and engineering platform for the design, construction and operation of safe and sustainable complex infrastructure and plants. Saipem has always been oriented towards technological innovation and is currently committed, alongside its clients, on the frontline of energy transition with increasingly digitalised tools, technologies and processes that were devised from the outset with environmental sustainability in mind. It is listed on the Milan stock exchange and is organised into five business divisions (E&C Offshore, E&C Onshore, Drilling Offshore, Drilling Onshore and XSIGHT for consulting and engineering services in the initial phases of projects). It operates in over 60 countries around the world with 32 thousand employees from 130 different nationalities.

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PRODUCTS

DEWALT® To Premiere New Innovation for the Commercial Concrete and Masonry Construction Industries at World of Concrete® Trade Show

DEWALT | January 15, 2022

DEWALT, a leader in total jobsite solutions and part of Stanley Black & Decker (NYSE: SWK), the world's largest, fastest growing and most innovative tools and storage company, today announced it will debut several new products supporting the concrete and construction industries from the World of Concrete® TradeShow in Las Vegas, taking place from January 18-20. Attendees at the World of Concrete Trade Show will be among some of the first to test and demo these new products onsite:60V MAX* Cordless SDS MAX Chipping Hammers in 22 lb. (DCH892X1) and 15 lb. (DCH832X1) models Made in the USA Critical Connection Undercut Anchors (CCU+™) 20V MAX* XR® Brushless Cordless 1/2-in. Hammer Drill (DCD805) 20V MAX* XR® Brushless Cordless 1/2-in. Drill/Driver (DCD800) 60V MAX* Cordless SDS MAX Chipping Hammers in 22 lb. (DCH892X1) and 15 lb. (DCH832X1) models Designed for heavy-duty demolition, concrete, and masonry work, the DEWALT 60V MAX* 22 lb. Cordless SDS MAX Chipping Hammer quickly breaks down dense concrete with up to 19.4 Joules of impact energy**. The hammer tackles horizontal and downward chipping for high-performance in mid-to-lower wall and flooring tasks and is also ideal for demanding highway jobs. The midweight 60V MAX* 15 lb. Cordless SDS Max Chipping Hammer delivers up to 10.5 Joules of impact energy** and is highly maneuverable for horizontal chipping in upper or lower walls and concrete surface preparation applications. The hammers deliver precision chipping with 7-position variable speed control and maintain consistent speed under load through built-in constant-speed electronics for steady operation. Both hammers feature an integrated SHOCKS Active Vibration Control® system designed to minimize vibration felt at the handles compared to rotary hammers without this feature. Each is enabled with WIRELESS TOOL CONTROL connectivity for remote activation of the DCV585 60V MAX* Dust Extractor (sold separately) and comes Tag Ready™ providing the ability to attach a DEWALT Tool Connect™ Tag for location tracking via the DEWALT Tool Connect™ app (tags sold separately). The hammers will be available April 1, 2022 as kitted units. Made in the USA Critical Connection Undercut Anchors (CCU+™) When critical mechanical anchor connections are required, DEWALT heavy-duty Critical Connection Undercut (CCU+™) Anchors get the job done. The 3/8-in, 1/2-in, 5/8-in and 3/4-in CCU+™ anchor range combines with Hollow Stop and Undercutting Bits, 60V MAX* rotary hammers and dust extractors for an OSHA Table 1 compliant cordless system that is designed to fast-track anchor installation and reduce dust exposure. Available now in two steel grades, Carbon Steel B7 and 316 Stainless Steel Class 2, the anchors are Made in the USA and compliant with the procurement requirements under the Buy American Act for USDA projects. They are ideal for: Beam, column, and post anchorages Safety related attachments and assemblies Industrial facilities and water treatment plants Transportation structures Equipment supports and utility systems Barriers, guards, and railing mounts Critical overhead anchorages Seismic qualification (SDC A – F) Tension zone / cracked concrete 20V MAX* XR® Brushless Cordless 1/2-in. Hammer Drill (DCD805) and the 20V MAX* XR® Brushless Cordless 1/2-in. Drill/Driver (DCD800) Attendees will also preview the new DEWALT 20V MAX* XR® Brushless Cordless 1/2-in. Hammer Drill (DCD805) and 20V MAX* XR® Brushless Cordless 1/2-in. Drill/Driver (DCD800), both launching in March 2022. In addition, DEWALT will spotlight a wide variety of its latest tools, accessories, and technology solutions at World of Concrete, including the following: DEWALT POWERSTACK™ 20V MAX* Compact Battery: DEWALT is the world's first major power tool brand to use pouch cell batteries designed for the construction industry DEWALT ELITE SERIES™ Accessories: SDS PLUS and SDS MAX Carbide Drill Bits, Diamond† Blades, and Abrasive Cutting Wheels that are Built to Last™ 20V/12V MAX* XR® 3x360 Green Line Laser: Compatible with the DEWALT 12V MAX* and 20V MAX* battery platforms offering versatility across both battery systems Total Trade Solutions™: A new DEWALT end-to-end solution offerings including industry-leading software, products, services, and trainings as tailored for the specific needs and unique challenges of concrete contractors To learn more about DEWALT products, please visit: www.dewalt.com. *With respect to 60V MAX* - Maximum initial battery voltage (measured without a workload) is 60 volts. Nominal voltage is 54. With respect to 20V MAX* - Maximum initial battery voltage (measured without a workload) is 20 volts. Nominal voltage is 18. With respect to 12V MAX* - Maximum initial battery voltage (measured without a workload) is 12 volts. Nominal voltage is 10.8. According to EPTA-Procedure 05/2009 These blades use manufactured diamonds engineered for cutting. World of Concrete® is a registered trademark of Hanley Wood Exhibitions, Inc., which has not endorsed or approved these products About DEWALT DEWALT is obsessed with how users work in the real world and is relentlessly pursuing total jobsite solutions. By incorporating its latest technology and industry innovations, DEWALT is leading the charge for the jobsite of the future. DEWALT products. GUARANTEED TOUGH®. For more information, visit www.dewalt.com or follow DEWALT on Facebook, Twitter, Instagram, and LinkedIn. About Stanley Black & Decker Headquartered in New Britain, Connecticut, Stanley Black & Decker, an S&P 500 company, is a leading $14.5 billion global diversified industrial with 56,000 employees in more than 60 countries who make the tools, products and solutions to deliver on its Purpose, For Those Who Make The World. The Company operates the world's largest tools business featuring iconic brands such as DEWALT, STANLEY, BLACK+DECKER and CRAFTSMAN; the world's second largest commercial electronic security company; and is a global industrial leader of highly engineered solutions within its engineered fastening and infrastructure businesses. Learn more at www.stanleyblackanddecker.com.

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MARKET

Terracon Acquires Wang Engineering Inc. of Illinois

Terracon | February 16, 2022

Terracon, an employee-owned firm with a long history of providing excellence in engineering consulting services, is pleased to announce it has acquired Wang Engineering Inc. (Wang) of Lombard, Illinois, which specializes in geotechnical engineering, construction inspection, and materials testing services. Over the past 39 years, Wang has provided geotechnical services to a wide range of clients throughout the U.S. including state and federal government as well as the private sector. The company has extensive experience performing geotechnical services for the City of Chicago, the Illinois and Indiana departments of transportation, and on other public transportation projects including highways, tollways, and railroads. A subsidiary company, Wang Testing Services, Inc., has been sold separately and was not purchased by Terracon as part of the acquisition. Wang Engineering and Terracon will continue to work with Wang Testing Services, Inc. as a teaming partner. "Wang is a well-respected provider of geotechnical engineering services in Illinois and Indiana with an impressive track record, We look forward to the addition of Wang's highly qualified team as we expand our services to transportation and infrastructure clients." -Gayle Packer, Terracon chair, president, and CEO Wang's 25 employees will immediately become part of Terracon. The firm will continue to operate locally as Wang Engineering Inc., A Terracon Company, and the transition will be seamless for clients. The new acquisition is supported by Terracon's existing offices in Chicago, Glendale Heights, Downers Grove, and Hartford, Illinois, as well as offices throughout Indiana and nearby states. "Joining Terracon enables Wang to continue to provide the same high level of quality services we've always provided to our clients, while providing expanded access to Terracon's national resources and expertise," said Paul Wang, president, Wang Engineering. "We look forward to sharing our enhanced capabilities to benefit our clients." "As a 100 percent employee-owned firm, we feel joining with Terracon is a terrific fit with how we value our employees,Our employees will continue to grow and bring new enhancements to our client relationships." -Corina Farez, P.E., P.G., and vice president of Wang Engineering The transaction was brokered by Environmental Financial Consulting Group (EFCG) of Denver. Jessica Barclay, managing partner of EFCG, said, We worked hard to find the best fit for the outstanding Wang Engineering team, and Terracon has already exceeded our expectations. They listened extremely well throughout the process and have prepared for integration and joint pursuit of new business opportunities with amiable professionalism. About Terracon Terracon is an employee-owned consulting firm comprised of more than 5,000 curious minds focused on solving engineering and technical challenges from more than 175 locations nationwide. We provide on-time and real-time data driven insights, provided by our talented employee-owners, to create an unmatched client experience that spans the lifecycle of any project, any size, anywhere. Terracon consistently ranks as a top 25 design firm by Engineering News-Record. Start to explore with us by visiting terracon.com. About EFCG The Environmental Financial Consulting Group (EFCG) was founded in 1990 to provide a data-driven and strategic edge to Architecture, Engineering, and Construction (A/E/C) firms to advance innovation, sustainability, and success of the industry. Services include M&A advisory, financial and strategic consulting, valuations, peer benchmarking analyses, industry executive conferences, and board presentations. Learn more at efcg.com.

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DESIGN

Wilkus Architects Selects Unanet for ERP to Help Manage Growth

Wilkus Architects | January 27, 2022

Unanet, the leading provider of project-based ERP for the architecture, engineering and construction (AEC) industry, announced that Wilkus Architects, a leading architecture firm with projects throughout North America, has selected Unanet ERP AE to help it better manage invoicing, employee time, forecast staffing needs, and financial decisions. Wilkus Architects is a family-owned company founded in 1990 that specializes in retail, commercial, restaurant, and hospitality design and has quickly grown from approximately 30 to 50 employees over the last two years with more than 400 projects a year. This growth and a review of their current invoicing and projection systems exposed the need for a more streamlined, less cumbersome ERP system, especially for accounting, financial management, and forecasting of labor and projects. "We received excellent referrals for Unanet from engineering and architect firms that gave us confidence in Unanet's capabilities and customer service, As we continue to grow, we are excited about Unanet's ability to provide us with clear and smart business reporting and forecasting across a multitude of variables that we look at to help us forecast and scale effectively." -Lindsey Wilkus, Wilkus Architects' Chief Financial Officer. Once implemented, Unanet will give Wilkus Architects a variety of benefits it needs to succeed in growing its business including: Simplifying time and data entry Elimination of cumbersome and duplicative invoicing practices across the business and across projects in different states Specialized reporting and views of business volume by project, state and client. More than 1,800 architecture, engineering and construction companies like Wilkus Architects select Unanet ERP AE because it has the right mix of functionality and accessibility, while also offering the ability to scale and grow seamlessly. To learn more about Unanet ERP AE please visit https://unanet.com/erp-for-a-e/erp-for-a-e-overview/. About Unanet Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com. About Wilkus Architects Wilkus Architects located in Hopkins, Minn. was established in 1990. The firm has completed projects in 49 states, Canada, and the Middle East. The firm specializes in retail, commercial, restaurant and hospitality design. The firm has experienced continuous growth and currently specializes in client interactive projects. As the firm has expanded, its formed relationships with other professionals, and developed expertise to address the myriad planning, design, and construction concerns faced by growing municipalities and corporations. We deliver comprehensive services through project teams created according to your specific needs as a client. In doing so, we offer the stability and state-of-the-art resources of a larger firm, plus the creative atmosphere and personal attention of a small office. http://www.wilkusarch.com.

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ENGINEERING TECH

AdvisorEngine® Announces Major Transformation of Junxure CRM

AdvisorEngine | January 20, 2022

AdvisorEngine®, the financial experience company and provider of client relationship management (CRM) and portfolio management technology, announced the transformation of Junxure CRM. This transformation delivers an entirely new technology foundation and enhanced productivity capabilities. Reflecting these advancements, the product is now called AdvisorEngine CRM “This is a key milestone moment for our clients and our team,We’ve gone through a true product transformation by developing a new technical architecture, designing an entirely reimagined user experience and adding important new capabilities to drive advisory firm growth and productivity.” -AdvisorEngine CEO Rich Cancro. All CRM clients have received access to the enhanced experience and will continue to benefit from best-in-industry support and training. Consistent with AdvisorEngine’s open-architecture approach to serving financial advisors, the upgraded CRM will continue to be offered as a standalone product, priced per user. AdvisorEngine CRM is built for investment advisory firms that provide high-end client service. A key differentiator is its powerful purpose-built functionality that can be used out-of-the-box or customized to meet a firm’s specific needs around data, process and user administration. You don’t need a cadre of consultants to be successful using AdvisorEngine CRM,” Cancro said. “Our highly configurable CRM platform is designed for easy adoption by various roles in an advisor’s practice including principals, operations and client support staff without incurring one-time and ongoing technology consulting fees. New features of AdvisorEngine CRM announced today include: Personalization. Powerful, easy-to-use configuration is available at both the individual user and firm levels. Simple to use, ‘drag-and-drop’ editing is among many capabilities that gives users the flexibility to organize their data experience, create workflows and support their client service segmentation strategy. Prospecting Tools. An easy online form builder turns website visitors into prospects. Web Forms can be created in a few simple steps without any coding expertise. Submissions are automatically captured by the CRM, saving time by eliminating manual data entry. Client Profile. The CRM’s most heavily used area has been fully reimagined to benefit light adopters and power users. Client information is surfaced in a clean, actionable format. Users save valuable time by using new direct editing capabilities that eliminate the need for multiple clicks into secondary screens. Activity Feed and Alerts. The feed delivers a new consolidated streaming view of important operational activities relevant to each user in real time. Enhanced reminders with expiration dates allow for automated cleanup of past tasks. Modern Technical Architecture and Design System. A reengineered software architecture improves system performance, so pages load up to 10x faster. It also allows AdvisorEngine developers to innovate and add new CRM features more rapidly. Updated navigation, pages, fonts and color schemes provide users a modern experience. Wealth management workflows are a standout capability for AdvisorEngine CRM. George Tamer, AdvisorEngine Head of Sales, has observed an increasing focus on building automated workflows during his regular strategic reviews with RIAs. “The modern advisory practice starts with the ability to organize your data and act on it. As firms grow, systematizing business processes through workflows becomes essential to ensuring consistent client care,” Tamer said. In 2018, the AdvisorEngine team embarked on a multi-year strategic initiative to modernize Junxure CRM. The first stage focused on infrastructure upgrades, including security and application hosting. The second stage brought deeper integrations with key existing third parties and added several new fintech and custodian integrations. The third stage is bringing the CRM in line with the company’s product ideals: personal, scientific and beautiful. “Today’s announcement reflects four years of hard work coming to fruition,The AdvisorEngine team has taken a deliberate, thoughtful approach to evolve the product. By working closely with our clients, we gathered and acted on thousands of points of feedback. -AdvisorEngine Chief Operating Officer Craig Ramsey. Since the product’s origins in 1999, Junxure CRM has always had a reputation for being advisor-centric, purpose-built software,” Ramsey continued. “It is rewarding to continue that strong legacy and infuse it with new innovation. We are proud to harness the best of Junxure and move it forward as AdvisorEngine CRM. About AdvisorEngine® AdvisorEngine powers financial advice that is personal, scientific, and beautiful. Its wealth management technology platform uses smart automation to modernize the advisor experience (AX), the business operations experience (BX), and the client experience (CX). Capabilities include CRM, prospect engagement tools, paperless client onboarding, account aggregation, goals-based financial planning tools, model portfolios tools, portfolio construction analytics, compliance tools, performance reporting, and fee billing.AdvisorEngine is a wholly owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Based in New York, NY, and Raleigh, NC, the AdvisorEngine team strives to fulfill six ideals through their work: camaraderie, clarity, curiosity, creativity, crushing it, and celebration. For more information, please visit advisorengine.com and follow us on LinkedIn, Twitter and Facebook. About Franklin Templeton Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and over $1.5 trillion in assets under management as of December 31, 2021. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

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Engineers are satisfied in their career but are open to new opportunities, and there's plenty due to high employer demand. Employers need to know what's important to engineers to competitively attract and retain top talent.

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