Bentley Systems Announces Agreement to Acquire AIworx, Specialists in Machine Learning and IoT Technologies
EXTON, Pa. –– Bentley Systems Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, today announced it has entered an agreement to acquire Quebec City-based AIworx, Inc., provider of machine learning and internet of things (IoT) technologies and services. The addition of AIworx brings advancements in data collection and analysis to leverage infrastructure engineering digital twins, continuously upda...
Bluebeam Continues Global Expansion with New German Subsidiary
PASADENA, Calif. - Bluebeam, Inc., leading developer of innovative technology solutions for the global architectural, engineering and construction (AEC) industries and part of the Nemetschek Group, today announced the formation of a German subsidiary to better serve customers and strategically advance its overall investment and presence across the region. Bluebeam GmbH launched officially in September, with Georg Reindl appointed as managing director. The new Bluebeam subsidiary, with its he...
Bay Area Construction Companies Rebrand and Restructure: Form the Building Easier Construction Group
TAMPA, Fla. - The owners of Bay Area Shell recently announced they were restructuring into three separate and unique companies to be more efficient and combine with other companies to present a "group" of companies with various construction disciplines into the newly formed group be marketed and collectively known as Building Easier Construction Group (BECG: https://buildingeasier.com/) as a way to leverage economies of scale, and more accurately reflect their core scopes of work. The other two...
KAI Design & Build Announces Acquisition of 51-year-old Volk Construction Company
(St. Louis, MO) KAI Design & Build announces that it has acquired St. Louis-based Volk Construction Company, effective Oct. 1, 2018. The acquisition provides KAI’s clients with a greater pool of construction expertise and talent, and Volk’s clients with a greater depth of integrated design and construction solutions. “Volk Construction Company has earned a reputation in St. Louis for treating subcontractors and owners fairly and equitably. Their dedication to quality workmanship, ethics and s...
Epiroc to Acquire South African Underground Rock Reinforcement Products Manufacturer
Stockholm, Sweden: Epiroc, a leading productivity partner for the mining, infrastructure and natural resources industries, has agreed to acquire Innovative Mining Products (Proprietary) Limited, widely known as New Concept Mining, a South African manufacturer of rock reinforcement products for underground mining. Innovative Mining Products is based in Johannesburg, South Africa, and has facilities also in Peru, Zambia and Canada. It manufactures a comprehensive range of underground mining roo...
Propex Holding, LLC Announces Sale of its Concrete Division
Chattanooga, Tenn. (Nov. 6, 2018) – Today Propex Holding, LLC announced the sale of its global concrete division, Fibermesh, to Sika. Sika is a leading supplier of specialty chemical products and industrial materials serving construction and industrial markets. Fibermesh manufactures a complete line of fiber solutions to deliver reinforced concrete from its Chattanooga-based plant. Fibermesh employees located in North and South America, the United Kingdom and Australia will join the Sika te...
AECOM awarded five-year, US$23.5 million USAID Amazon Promotion of Best Social and Environmental Management Practices project
GERMANTOWN, Md. — AECOM, a premier, fully integrated global infrastructure firm, announced today that it has been awarded the Amazon Promotion of Best Social and Environmental Management Practices project from the United States Agency for International Development (USAID) South America Regional office in Peru. The five-year contract award is worth up to US$23.5 million. AECOM’s work will focus specifically on the following sectors: hydropower, oil and gas, mining and roads. The company plans...
Arup Selected as Financial Advisor to Support Procurement Efforts for Los Angeles Street Civic Building
LOS ANGELES – The City of Los Angeles’ Bureau of Engineering (BOE) has selected Arup, a global consulting leader in the built environment, as its financial and procurement advisor for the procurement of the Los Angeles Street Civic Building. Arup will lead the development of the RFQ/P documents and will conduct financial analysis and market soundings for the City’s preferred DBFOM and DBF+OM delivery options. Arup will also assist BOE with the management of the procurement process, including ev...
Epiroc Invests in Autonomous Mining Solutions Business
Stockholm, Sweden: Epiroc, a leading productivity partner for the mining, infrastructure and natural resources industries, has acquired part of ASI Mining, LLC, a U.S.-based company that provides technology solutions for the autonomous operation of mining vehicles. Epiroc has acquired 34% of ASI Mining, which is based in Mendon, Utah, United States, and is a subsidiary of Autonomous Solutions Inc. Its products include on-board hardware and software that convert vehicles to autonomous operatio...
Coretex and Marcotte Systems Strike Technology Partnership
SAN DIEGO - Coretex, a leader in compliance and fleet management solutions, today announced a technology partnership with Marcotte Systems, a premier developer of process control and automation systems for the construction industry. The Coretex 360 construction solution provides dispatchers with granular, real-time visibility into the location, behavior and status of a construction supply operation. The system contains a complete set of HD sensors specifically designed for use in a ready-mix...