Robotics and Automation

Trimble and Microsoft Partner to Drive Digital Transformation Across Industries

Trimble (NASDAQ: TRMB) and Microsoft announced a strategic partnership to advance technology adoption and accelerate the digital transformation of the construction, agriculture and transportation industries. By leveraging the Microsoft cloud, Trimble and Microsoft will collaborate to develop, build and deliver industry cloud platforms and solutions that connect people, technology, tasks, data, processes and industry lifecycles. This collaboration represents a significant milestone to advance Trimble's Connect and Scale 2025 strategy, which centers on building industry-leading cloud platforms.Initially, Trimble and Microsoft will focus on building the Trimble Construction Cloud powered by Microsoft Azure.

The construction process is fragmented, which can result in lost productivity, rework and a lack of transparency. According to a McKinsey & Company article, The next normal in construction:  How disruption is reshaping the world's largest ecosystem,* the construction industry is lagging with only 1 percent productivity growth over the last 20 years. This is significantly lower than the 2.8 percent experienced for the total economy. In addition, one of the significant emerging disruptions that will drive change in construction is the digitization of products and processes. The ability to link technologies, tasks, processes and multiple stakeholders—such as general contractors, subcontractors, designers, engineers and owners—across the construction project workflow can transform and significantly improve productivity, quality, safety, transparency and sustainability.

This partnership expands Trimble and Microsoft's existing relationship to combine the Microsoft cloud with Trimble's construction solutions and industry domain knowledge. Trimble's construction solutions include on-machine and field technology, modeling and collaboration software, project and resource management, and all underlying analytics. The companies will deliver the Trimble Construction Cloud, an innovative connected platform powered by Microsoft Azure, which is fully enabled for 3D constructible models that will reduce risks, drive speed, and increase efficiency and accuracy across the entire construction project lifecycle, in 2022.

In addition to cloud engineering development, Microsoft and Trimble will partner on joint go-to-market strategies and deliver innovative solutions to multinational and regional enterprises. The first solutions will enable continued support of infrastructure investment cycles, and be used for large-scale projects, on which multiple stakeholders work in parallel to deliver connected construction projects.

"Trimble and Microsoft will create a powerful partnership to advance technology adoption in the construction industry. Using Microsoft technologies, Trimble will be able to more rapidly develop a construction cloud to connect stakeholders and workflows throughout the industry, We are building on our combined success to help construction companies use digital data to improve productivity, reduce costs, increase collaboration and create agility. By leveraging the Microsoft cloud, Trimble technology and our combined engineering capabilities, we will empower construction businesses to realize the benefits of the cloud and accelerate digital transformation throughout the construction lifecycle."

-Bryn Fosburgh, senior vice president, Trimble

Industry customers are accelerating deployment of cloud-based services and solutions to facilitate better decision making based on data-driven insights, gain efficiencies, reduce costs and engage customers in new ways," said Casey McGee, vice president Global ISV partners, Microsoft. "We are excited about our enhanced collaboration with Trimble as it will help customers, across industries, evolve their cloud strategies and realize business transformation.

About Trimble
Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

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Engineering Tech, Construction

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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Engineering Tech, Construction

PirTano Construction acquires Powerlink Electric

PR Newswire | January 25, 2024

PirTano Construction Company, Inc. ("PirTano"), a leading Midwest-based infrastructure and utility services-focused underground construction company operating in the communications and sewer & water sectors, is pleased to announce its acquisition of Powerlink Electric ("Powerlink"). The transaction closed on November 17, 2023. Mike Piraino, President of PirTano, said, "The acquisition of Powerlink will operate as a new electrical division, and brings additional service offerings and bench strength of employees as we look forward to continuing to support our customers while capitalizing on additional opportunities." Founded in 2006 by Doug Pantle and Steve Lipinski, Powerlink Electric ("Powerlink"), is a full-service electrical and telecommunications contractor based in Vernon Hills, Illinois with an outstanding reputation in its regional marketplace and is well known for the reliability and quality of its service. Powerlink primarily focuses on commercial and industrial projects and operates in Northeastern Illinois and surrounding areas. Powerlink will continue to operate under the current leadership as a wholly owned subsidiary of PirTano. Rising Point Capital ("RPC"), commented on the transaction, "Doug and Steve have built a tremendous reputation in its marketplace. We are very excited to partner with them to help accelerate their growth and with leading a new division at PirTano."Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, served as the exclusive advisor to Powerlink. Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, Stephen Dinehart, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Lance Thomasson successfully closed the deal.

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Market, Engineering Tech, Construction

JRM Construction Completes New Headquarters for Rémy Cointreau at 3 Times Square

PR Newswire | January 30, 2024

<p>JRM Construction Management is proud to announce the completion of a sophisticated project for Rémy Cointreau, a leading international premium spirits distributor. Their new headquarters, spanning 29,850 square feet, is located on the 20th floor of Rudin Management's 3 Times Square tower in New York City.</p><p>Under the guidance of JRM, and in collaboration with TPG Architects, RDA, and Cresa Project Management, the team crafted a full-floor headquarters that embodies Rémy Cointreau's signature luxury brand. The space includes state-of-the-art collaborative work areas, and features high-end bars, perfect for hosting company events and entertaining clients, creating an atmosphere of sophistication and hospitality. Additionally, the new conference rooms are equipped with cutting-edge presentation capabilities, enhancing communication and collaboration among Rémy Cointreau's team members.</p><p>Marc Reissman, Executive VP at JRM, expressed his pride in the project, stating, "Collaborating with Rémy Cointreau to bring their vision to life was a true pleasure. The attention to detail and seamless integration of artistic elements in the design reflects the brand's essence perfectly. This project stands as a testament to our commitment to excellence and our ability to transform visions into inspiring realities."</p>

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Design, Mechanical and Motion Systems, Engineering Tech

SPX FLOW Launches Universal 2 ND Pump Series Designed Uniquely for Industrial Market

PR Newswire | January 29, 2024

SPX FLOW, has released the Universal® 2 ND Positive Displacement Pump (U2 ND) Series designed with industrial users in mind. The pumps offer the quality and durability the Waukesha Cherry-Burrell brand is known for while optimizing cost and suitability for the industrial market. The U2 ND series significantly expands the WCB pump range, aimed at enhancing reliability and performance across industrial applications while outperforming other pump styles, such as industrial lobe, gear or progressive cavity pumps.The design features improvements uniquely suited for industrial applications, including: Total cost of ownership: The pumps ensure a long running life, given their robust construction materials and designs tailored for each application. Because of its high volumetric efficiency, the pumps can be used to dose fluids, eliminating the need for an additional metering pump.  Efficiency: The U2 ND pump reduces slip, which occurs when fluids move backward from the liquid flow due to internal clearances. Lower slip means more efficiency, reducing the need for higher horsepower motors. Also, the series can process fluids over longer spans due to its high-pressure capability, which reduces the need for multiple pumps in these applications. Reliability: WCB is a proven and trusted global brand dating back to the 1880s. The pumps are made with durable, corrosive-resistant materials compatible with industrial environments. A robust design, equipped with industrial flanges or sanitary fittings, ensures manufacturers can choose the configuration to meet their needs.  Additionally, an extensive sales channel and domestic manufacturing footprint support this pump series, enabling quick deliveries on standardized parts across the entire Universal pump product line. The U2 ND series is complemented by the Universal Industrial 5000 series, which is tailored for users who require OEM (Original Equipment Manufacturer) seals for their industrial pumping operations. Julien Bassett, Pumps Global Product Manager: "Waukesha Cherry-Burrell has extensive experience offering pumps to customers built with their needs in mind. We wanted to expand our offerings to provide quality and durability of the SPX FLOW brand while catering to the unique needs of industrial manufacturers and their applications."

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