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Iowa Transportation Commission approves transit infrastructure grant program funding

September 17, 2021 - in Financial, News

MES, Iowa  – At its meeting in Ames today, the Iowa Transportation Commission approved $1.5 million in funding to support six public transit projects. The projects are funded under the state Public Transit Infrastructure Grant Fund for new or improved…

Johnson Controls Issues First $500 Million Sustainability-Linked Bond

September 17, 2021 - in Financial, News

Johnson Controls becomes first S&P500 industrial company to publish an integrated sustainable finance framework and issue a Sustainability-Linked…

Simpson Strong-Tie Aids Hurricane Ida Recovery with $25,000 Donation to Red Cross Disaster Relief Fund

September 16, 2021 - in Financial, News

Pleasanton, Calif. — The havoc from Hurricane Ida making landfall on August 29 has affected states across the Gulf Coast, Mid-Atlantic and Northeast.…

U.S. Department of Transportation Announces up to $628.93 million in Transportation Infrastructure Finance and Innovation Act (TIFIA) Credit Assistance for Orange County Transportation Authority’s I-405 Improvement Project

September 15, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation today announced its Build America Bureau (the “Bureau”) has provided a Transportation Infrastructure Finance and Innovation Act TIFIA direct loan in the amount of up to $628.93 million to the Orange…

Study from Autodesk and FMI Finds Better Data Strategies Could Save the Global Construction Industry $1.85 Trillion

September 14, 2021 - in Financial, News, Technology

New research shows that implementation of formal data strategies is linked to positive project outcomes, cost savings and competitive advantages  San Francisco, Calif. – September 14, 2021 – Autodesk, Inc. (NASDAQ: ADSK) and management consulting…

U.S. Department of Transportation Awards Louisiana $5 Million in ‘Quick Release’ Emergency Relief Funding for Hurricane Ida Damage

September 10, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $5 million in “quick release” Emergency Relief (ER) funds to help the Louisiana Department of Transportation and…

U.S. Department of Transportation Announces the Availability of $2.2 Billion in American Rescue Plan Funding to Help Transit Agencies with Additional Service Needs

September 10, 2021 - in Financial, News

WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced a Notice of Funding Opportunity (NOFO) for $2.2 billion in competitive grant funding for transit systems demonstrating additional pandemic-associated…

State DOTs Highlight Benefits Of $1.2T Infrastructure Bill

September 8, 2021 - in Financial, News

Numerous short- and long-term economic and quality-of-life benefits are poised to flow from the $1.2 trillion “Infrastructure Investment & Jobs Act” or IIJA passed by the Senate on August 10, according to a survey of state departments of transportation…

$22 million in grant funding available for rural transit providers

September 2, 2021 - in Financial, News

More than $22 million in federal funding is now available from the Idaho Transportation Department's Public Transportation office (ITD-PT) for rural transit service providers in Idaho. Grant applications will be accepted September 1 - October 31, 2021. Local…

Trimble Launches $200 Million Venture Fund

August 31, 2021 - in Corporate, Financial, News

SUNNYVALE, Calif.- Trimble (NASDAQ: TRMB) announced today the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble's mission of transforming work in the agriculture, construction,…