Skanska is divesting its ownership of PCI Skanska Inc. (PCIS) in Indiana, USA, for USD 20M, about SEK 170M
Skanska has signed a binding Stock Purchase Agreement (“SPA”) for its 100 percent ownership of PCI Skanska Inc. (PCIS), a multi-discipline design subsidiary company, for gross sale proceeds of USD 20M, about SEK 170M. The buyer is engineering and facility planning firm Salas O’Brien. The transaction will not have any material impact on profit for the period and is expected to close in the second quarter 2021. PCI Skanska was acquired by Skanska in 2011 along with its sister company, Industr...
Sulzer Schmid closes Series B round to drive its transition from tech start-up to major enterprise
Sulzer Schmid, a Swiss company pioneering UAV technology for wind rotor blade inspections, announced today that it has completed a series B round. The company achieved significant growth in 2020, with the addition of six new countries to its portfolio. It carried out its largest ever inspection campaign covering 1,500 wind turbines for Vestas NCE. Further contracts have been signed this year to serve customers in more than 25 countries on four continents. This important funding increase will sup...
Bentley Systems Completes Acquisition of Seequent, Global Leader in 3D Modeling Software for the Geosciences
EXTON, Pa. Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the completion of its acquisition of Seequent Holdings Limited, for approximately $900 million in cash (for a debt free business and subject to final working capital adjustments) plus 3,141,342 BSY Class B shares. When announcing its second quarter 2021 operating results (scheduled for August 10, 2021) Bentley Systems will update its full-year 2021 financial outlook, reflectin...
McKim & Creed Acquires GSA Consulting Engineers, Inc. and Expands Into Louisiana
Acquisition Strengthens Engineering Resources in Louisiana RALEIGH, N.C. and GONZALES, La.- McKim & Creed, one of the top engineering and surveying firms in the US, announced today that it has acquired GSA Consulting Engineers, Inc., an award-winning engineering firm in Gonzales, Louisiana. GSA provides planning, engineering and permitting services for water and wastewater facilities, hydraulic engineering including drainage / levee/ flood protection, transportation and roadway enginee...
FARO Expands Digital Twin Product Suite, Acquires HoloBuilder Inc.
LAKE MARY, FL, June 7, 2021 - FARO® Technologies, Inc. (Nasdaq: FARO), a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the acquisition of HoloBuilder, Inc. HoloBuilder brings to FARO its leading photogrammetry-based 3D platform, which delivers hardware agnostic image capture, registration and viewing to the fast-growing Digital Twin market. With an i...
Profile® Products Adding Third Wood Fiber Processing Plant by Q1 2022
The new facility will provide greater capacity to meet increased demand for the company’s sustainable products BUFFALO GROVE, Ill. (June 7, 2021) — Profile® Products is continuing its expansion and growth initiatives by bringing a third wood fiber processing plant online, providing more than 100,000 tons of Thermally Refined® wood fiber capacity for its customers by Q1 2022. The plant is part of a major capital investment to meet growing demands for the company’s sustainable products and to r...
Woolpert Contracted by USACE for $22M Architecture, Engineering and Geospatial Contract
The five-year, capacity contract will support photogrammetry, data development and mapping worldwide. LOUIS (June 7, 2021) — The U.S. Army Corps of Engineers, St. Louis District has signed Woolpert to an indefinite delivery, indefinite quantity architecture and engineering services contract to provide photogrammetry, lidar, remote sensing, surveying, GIS, data development and mapping worldwide. The five-year, capacity contract has a value of $22 million. Woolpert Vice President and Nationa...
Cityzenith joins the World Economic Forum Global Innovators Program
Chicago based AI tech company Cityzenith are the newest invitee to join the prestigious World Economic Forum Digital Twin market leader Cityzenith has been chosen to be part of the World Economic Forum’s (WEF) Global Innovators community to support Cityzenith’s mission to decarbonize US cities. The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation. The World Econom...
RINA: First quarter results in line with forecasts
A series of acquisitions based on digitalization and ESG principles are in the pipeline for the short to medium term Genoa - RINA, multinational inspection, certification and engineering consultancy company, confirms the positive trend of its results in the current year. In the first quarter of 2021 the group recorded revenues of approximately 121 million euros, in line with budget and despite a scenario with still some uncertainties and complexities. This performance, along with an order...
BULL MOOSE TUBE ANNOUNCES PLANS TO CONSTRUCT A NEW HSS AND SPRINKLER PIPE MILL IN SINTON, TEXAS
CHESTERFIELD, MO. JUNE 4, 2021 – – Bull Moose Tube Company (“BMT”), a Caparo Bull Moose subsidiary, today announced plans to build a 350,000 ton per year HSS and Sprinkler pipe mill. The mill will be built on Steel Dynamics’ new Sinton, Texas flat-rolled campus. Tom Modrowski, President and CEO of BMT stated: “BMT is excited to build in Sinton, Texas and partner with Steel Dynamics. The new mill will be transformational ranging in size from 4” to 14” square, 5” to 18” round , up to 80 feet...
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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