Siemens ups stake to 67.1% to spin-off SGRE into Siemens Energy for the scale to win in wind, says GlobalData
Siemens has bought out Iberdrola’s 8.1% stake in Siemens Gamesa Renewable Energy (SGRE) for a total cost of €1.1bn ($1.2bn), potentially ending a period of acrimony between the two companies and bringing a major customer back into SGRE's fold. This price is equivalent to €20/share – a 32% premium on top of SGRE’s average share price for the last 30 trading days. Gamesa will now own a 32.9% stake in SGRE, with Siemens holding the majority 67.1% stake in the company. In addition, Iberdrola, as...
L3Harris Technologies Selected by US Air Force for Artificial Intelligence Contract
MELBOURNE, Fla.- The Air Force Life Cycle Management Center has awarded L3Harris Technologies (NYSE:LHX) a multimillion-dollar contract to develop a software platform that will make it easier for analysts to use artificial intelligence (AI) to identify objects in large data sets. The U.S. military and intelligence community are inundated with massive amounts of data generated by remote sensing systems. Automated searches using algorithms that can identify pre-loaded images of objects makes pi...
Wärtsilä Operation and maintenance agreement with major cement producer extended to its 25th year
The technology group Wärtsilä has signed a further four-year extension to its Operation and maintenance (O&M) agreement with Cemex Colombia S.A., one of Colombia’s major cement producers. The continued O&M agreement relationship between Wärtsilä and Cemex Colombia that started in 1998 with a 15-year agreement is one of the longest made by Wärtsilä with an energy customer throughout the company’s history. The latest extension to the end of 2023 was signed in December 2019, marking thus 25 year...
Joint Venture of Skanska-Corman-McLean Selected to Build Replacement for Harry W. Nice/Thomas “Mac” Middleton Bridge
New Bridge and Roadway to be Completed by December 2024 Virginia Beach, VA — The joint venture, led by Skanska along with Corman Kokosing Construction Company and McLean Contracting Company, announce they will design and build the replacement for the Governor Harry W. Nice Memorial/Senator Thomas “Mac” Middleton Bridge, which connects Newburg, MD and Dahlgren, VA, across the Potomac River. Owned by the Maryland Transportation Authority (MDTA), the project will cost $462,957,000. The e...
Surna Signs Contracts for New Monitoring and Controls Systems
Boulder, Colorado - Surna Inc. (OTCQB: SRNA) announced a major milestone as it relates to the Company’s SentryIQTM Monitoring, Controls and Automation systems for control and data visualization of engineered cultivation facilities. The company has entered into seven contracts with six different companies to implement its SentryIQTM platform. Introduced in April 2019, these systems provide a steady stream of data that customers use to make daily cultivation decisions. Additionally, Surna can use...
Solmax's New Website - Ready for 2020
Starting the new decade, geosynthetics leader Solmax is launching a refreshed 2020 website. The redesign adds efficiency and advanced functionality to the site to meet the information and specification needs of all Solmax customers, from engineers to installers and business development specialists. Says Andreea Sasu, Global Marketing Director: “Solmax has grown its manufacturing footprint and product lines significantly over the past few years, both organically and through acquisition. We wan...
Woolpert Awarded Esri Release Ready Specialty Partner Status
The credential confirms Woolpert’s ability to implement and support the latest Esri software solutions. DAYTON, Ohio (Feb. 10, 2020) — Woolpert has been named a partner in Esri’s Release Ready Specialty. This distinction recognizes that Woolpert is an early adopter of Esri technologies and has an expert staff that can be trusted to install, integrate and comprehensively support Esri software releases around the world. Woolpert Research and Development Geospatial Specialist Daniel Michalec...
Bechtel Returns To New York To Help Solve the City’s Biggest Infrastructure Challenges
New Manhattan office will support region in building transformative, resilient, and sustainable projects Bechtel, the top-ranked engineering and construction company in the U.S., has opened a new office in New York City to support local leaders in solving the region’s infrastructure challenges. On Thursday, Bechtel held a reception marking its new presence in Manhattan on Broadway. Bechtel Chairman and CEO Brendan Bechtel discussed the company’s commitment to the region before an audience o...
HNTB opens Las Vegas office
New office assists clients with largest and most complex infrastructure projects; demonstrates firm’s commitment to region’s prosperity and mobility LAS VEGAS – A commitment to client service and future growth potential led HNTB Corporation to open a new permanent office in Las Vegas, located at 6720 Via Austi Parkway, near McCarran International Airport. “HNTB is pleased to bring jobs to the city and help shape the region’s infrastructure,” said Jeff Watson, HNTB office leader and vi...
Asite Becomes Key Player in MTA’s $54.8 billion Investment Project
New York, New York (February 2020) – Asite has been appointed as the Electronic Project Management Solution for the Metropolitan Transportation Authority (MTA) in New York City. Following a competitive tender process, Asite’s Common Data Environment platform was chosen to work on existing and upcoming MTA projects, including the MTA Capital Program 2020-2024. Nathan Doughty, Asite CEO said: “Asite is delighted to be working with the MTA at a historic time in their development. Their Cap...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
Redevelopment of Horseshoe Bay Terminal
June Issue 2026
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