NCDOT Reports Savings from Toll Road Refinancing
The North Carolina Turnpike Authority, one of five divisions of the North Carolina Department of Transportation, successfully refinanced a portion of the Triangle Expressway toll road's outstanding bonds back on May 11, resulting in more than $10.9 million in present value savings. "This is the third refinancing of outstanding bonds for the Triangle Expressway, which will result in interest savings of approximately $103 million for the remaining life of the project," said NCTA Executive Dire...
Former FHWA Official and AASHTO Division Director Tony Kane Dies
Dr. Anthony R. (Tony) Kane, whose 45-year highway career included service at both the Federal Highway Administration and the American Association of State Highway and Transportation Officials, died May 15 after a long-standing illness. He was 72. "Tony Kane was an extraordinary leader," said Bud Wright, AASHTO's executive director. "He far exceeded most of us intellectually and he brought great energy to life, whether at work or play. " Kane graduated from Rensselaer Polytechnic Institute...
New American Embassy Annex by Krueck + Sexton Architects Starts Construction in Kenya
CHICAGO, IL—In a ceremony on May 17, 2018, United States Ambassador Robert Godec broke ground on a new U.S. Embassy Annex in Nairobi, Kenya. Designed by Chicago-based Krueck + Sexton Architects, the facility will significantly expand the capabilities of the government outpost, which was established in 1964. Mark Sexton, FAIA, LEED AP, founding principal of Krueck + Sexton Architects, said, “Our entire design team is very excited to see this project, which reflects an important and enduring in...
Wabtec And GE Transportation To Merge, Creating Global Leader For Rail Equipment, Services And Software
Strategic Combination Will Drive Shareholder Value Creation by Accelerating Innovation in Transportation and Logistics • Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent cash EPS accretion in year one. • Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. Complementary businesses and large global installed b...
Committee Unanimously Approves Water Resources Development Act
Washington, D.C. - The Transportation and Infrastructure Committee today unanimously approved the bipartisan Water Resources Development Act (WRDA) of 2018, legislation that provides for improvements to the Nation’s ports, inland waterways, locks, dams, flood protection, ecosystem restoration, and other water resources infrastructure. Today’s approval marks the third Water Resources Development Act approved by the Committee under Chairman Shuster’s leadership, and follows the transparent proc...
Hanes Geo Components Announces Acquisition of DDD Erosion Control
Hanes Geo Components, of Winston Salem, NC, announces they have reached an agreement to acquire DDD Erosion Control of Ashburn, GA. John Dowdell, President of Hanes Geo Components, commented that “DDD Erosion Control is a leader in the manufacturing and distribution of Silt Fence, a core product segment for Hanes Geo Components. In addition, their location in Ashburn, GA will improve our service capabilities throughout Southern Georgia and into Northern Florida”. Jerry Greene, President...
54 Bond Street Façade Preservation and Restoration by CTA Architects Receives the New York Landmarks Conservancy’s Prestigious Lucy G. Moses Preservation Award
54 Bond Street façade preservation and restoration by CTA Architects has received the New York Landmarks Conservancy’s prestigious Lucy G. Moses Preservation Award. Photo courtesy of CTA Architects New York, NY – 54 Bond Street façade preservation and restoration project in Manhattan has received a 2018 Lucy G. Moses Preservation Award. The international project team for this highly complex exterior restoration included architect CTA Architects P.C.; owner’s representative D+DS Architect...
Sokkia Introduces New High-Performance Manual Total Station
LIVERMORE, Calif., U.S./ CAPELLE A/D IJSSEL, the Netherlands | May 22, 2018 : Sokkia introduces the latest addition to its iM line of manual total stations designed to provide powerful performance in an affordable package — the iM-50. “Whether operators need an instrument for jobs such as site layout or perhaps as-built survey, the iM-50 offers the perfect solution with high-end performance and exceptional functionality,” said Ray Kerwin, director of global surveying products. The iM-50 ED...
Old Building Converts to “Living Building.” First in California
The Architectural Nexus office in Sacramento recently was certified as the first ever Living Building Challenge building in California. This “Living Building” uses recycled rainwater as its water supply and solar panels generate all of its energy. Waste? Not a problem. All waste is composted on site. No sewers needed. Creating such a building in Sacramento’s inconsistent weather made the project even more challenging. The International Living Future Institute (ILFI) created the Living Buildin...
Stantec Selected by City of Aurora, Colorado, to Spearhead Citywide Traffic Signal Retiming Project
Aurora, CO (May 21, 2018): Stantec, a global engineering, consulting, architecture, and construction firm, has been awarded a comprehensive citywide traffic signal timing project for the City of Aurora, Colorado. The project will include the retiming of almost 300 traffic signals across the second largest city in the metropolitan Denver area and the third largest in the state of Colorado. The project aims to improve the flow of traffic along major corridors by optimizing the traffic signal ti...