Grace Gold Memorial Scholarship Fund Breakfast and Panel on Façade Safety Raises $200,000 for Scholarships for Students in Building-Related Study Fields
Daniel J. Allen, AIA, a partner at CTA Architects, led the panel discussion on façade safety during a fundraising event for the Grace Gold Memorial Scholarship Fund (GGMSF). Left to right: CTA Architects principal Daniel J. Allen, AIA; New York City Council Member Ben Kallos; Wiss, Janney, Elstner Associates principal Michael Petermann, RA; and Indus Architects president Sharon Lobo, AIA. CTA Architects’ Principal and Historic Preservation Expert Daniel J. Allen Led the Panel New...
Merck KGaA, Darmstadt, Germany to Expand US Biopharmaceutical R&D Facility to Advance Innovative Clinical Pipeline
Merck KGaA, Darmstadt, Germany investing $70 million in U.S. Research & Development Hub Expansion of R&D footprint to accelerate science and innovation in Oncology, Immuno-oncology and Immunology globally BILLERICA, Mass.- Merck KGaA, Darmstadt, Germany, which operates its biopharmaceutical business as EMD Serono in the U.S. and Canada, today announced a $70 million investment to expand its state of the art research and development (R&D) facility in Billerica, Massachusetts. The ne...
Long-time Dallas Community Leader Darren L. James, AIA, Named President of KAI Enterprises
(St. Louis, MO ) – KAI Enterprises, an integrated architectural, engineering and construction services firm, is pleased to announce that long-time Dallas community leader Darren L. James, AIA, has been named President of KAI Enterprises. The leadership change reflects the company’s vision to grow, connect and transform communities across the country. James, a shareholder in the company since 2010 and formerly the President and COO of KAI Texas, will explore innovative ways in his new role to...
Citi Tops GlobalData’s Global M&A Financial Adviser League Table in the Power Sector for FY2018
Citi has topped the latest M&A league table of the top 10 financial advisers for the power sector based on deal value in FY2018, compiled by GlobalData, a leading data and analytics company. The American bank advised on $117.1bn worth of deals, which included the industry’s top deal by value – E.ON’s acquisition of an 86.2% stake in Innogy for $52.9bn. Citi and Rothschild & Co worked on 25 deals each, the highest in terms of volume. According to GlobalData, which tracks all merger and acqu...
New Rebate Bridge Program Accelerates Energy Efficiency Program Payments to Contractors
ALLENTOWN, Pa. - The National Energy Improvement Fund (neifund.org), a licensed lender and national expert in energy efficiency financing program management, and RKB Capital Partners, a clean energy venture focused on accelerating the adoption of renewable energy and energy efficiency in the U.S., have launched Rebate Bridge to provide advance funding on rebates for contractors who participate in energy efficiency and renewable energy improvement programs for homes and commercial buildings. Many...
U.S. Secretary of Transportation Elaine L. Chao Joined by Jacksonville Officials to Formally Announce $25 Million BUILD Grant for Revitalization Projects
JACKSONVILLE – U.S. Department of Transportation Secretary Elaine L. Chao today made the formal announcement of a $25 million grant to support the Bay Street Innovation Corridor and Urban Core Riverfront Revitalization projects in Jacksonville. Secretary Chao was joined by Congressman John Rutherford (FL-04), Congressman Al Lawson (FL-05), Florida Department of Transportation Secretary Kevin Thibault, Jacksonville Mayor Lenny Curry, and Jacksonville Transportation Authority (JTA) CEO Nathaniel F...
Changes to Key Infrastructure Funding Processes Proposed in Two New Bills
A proposal to raise the federal statutory cap on private activity bonds or PABs and making changes to the Transportation Infrastructure Finance and Innovation Act or TIFIA funding program are the focus of two new pieces of legislation co-sponsored by Sen. John Cornyn, R-Tex., (seen above) and Sen. Mark Warner, D-Va., and Tim Kaine, D-Va., respectively. Sens. Cornyn and Warner introduced the Building United States Infrastructure and Leveraging Development or BUILD Act on Feb. 6 that would rais...
Bill Revived to Eliminate Electric Vehicle Subsidy, Impose Alternative Fuel Vehicle Fee
Sen. John Barrasso, R-Wyo., and Rep. Jason Smith, R-Mo., re-introduced a bill on Feb. 6 that Sen. Barrasso initially proffered last October in the waning days of the 115th Congress; legislation that seeks to end electric vehicle federal tax credits while imposing a fee on operators of all alternatively fueled vehicles – be they powered by electricity, natural gas, hydrogen, etc. – that will be collected over the next 10 years and paid into the Highway Trust Fund. [Above photo by the Departmen...
Report Encourages Electrification of Nevada’s Transportation System
A 69-page report funded by the Governor’s Office of Energy suggests that Nevada should plan to “electrify” its transportation system in part through electricity generated from solar and geothermal sources. [Above photo by the Nevada DOT.] “Electrifying the movement of goods and people around the state moves the needle forward on all of Nevada’s priorities for growth and livability – energy independence, clean energy, clean air, economic mobility, and an efficient transportat...
House T&I Committee Hearing Focuses on Infrastructure Needs
A variety of surface transportation funding mechanisms were debated during an all-day informational hearing held by the House of Representatives Transportation and Infrastructure Committee on Feb. 7, with a focus on the need to increase the federal fuel tax. “For years we have held hearings documenting the deterioration of our infrastructure – now we’ve run up a $2 trillion funding gap,” explained Chairman Rep. Peter DeFazio, D-Ore., (seen above) during his opening remarks. Photo via the U.S...