Xylem Reports First Quarter 2021 Results
Revenue growth 12% on a reported basis, 8% organically Double-digit orders growth across all business segments, reflecting strong commercial momentum and underlying demand in critical infrastructure Adjusted EBITDA margin of 17.1%, up 480 basis points; net income as a percentage of revenue was 6.9%, up 350 basis points Reported net income of $87 million or $0.48 per share; adjusted net income of $102 million or $0.56 per share Raising full-year organic revenue guidance to a range of...
Epiroc completes acquisition of software company for increased mine productivity
Stockholm, Sweden: Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has completed the acquisition of MineRP, a software company specializing in increasing productivity for mines through integrated planning, execution and analytics. MineRP has offices in South Africa, Canada, Australia and Chile. The company supports large and medium-sized mines globally in strengthening and optimizing their operational efficiency by providing a leading so...
Skanska signs lease for 44,000 square meters in production and logistics facility project for Greenfood in Helsingborg, Sweden
Skanska has signed a 20-year lease agreement with Greenfood for a 44,000 square meter new food and logistics center in Långeberga, Helsingborg, Sweden. Greenfood is one of northern Europe's leading actors in healthy food. Construction start for the new facility is expected to take place in the second quarter of 2021, with an estimated start of operations during the second quarter of 2023. The facility will have a strong environmental focus in everything from material selection to efficient co...
The Swedish Cement and Concrete Research Institute (CBI) Study on the Reduction of Radon Gas in Concrete Using Admixtures & Additives
Hycrete Reduces Radon Exhalation by 35% when used in Concrete FAIRFIELD, NJ - Hycrete, Inc., a leader in moisture and corrosion protection technologies in concrete, is proud to announce the release of a Swedish Cement and Concrete Research Institute report detailing Hycrete’s hydrophobic admixture and its effect on radon exhalation rates of concrete. The study, which spanned 22 months, showed that concrete containing Hycrete reduced radon exhalation by 35% compared to the control. Ra...
Crescent Communities’ Ally Charlotte Center Completes Construction
Completed 26-story skyscraper marks new era for Uptown skyline and the modern workforce Charlotte, N.C. – Today, Crescent Communities, a nationally-recognized, market-leading real estate investor, developer, and operator of mixed-use and commercial communities, announces the completion of construction at Ally Charlotte Center, the prominent skyscraper located at 601 S. Tryon St. between Charlotte’s Uptown and South End Historic District. Construction on the community commenced in 2018 an...
National Building Museum to Award 2021 Honor Award to Skidmore, Owings & Merrill
— Museum and SOM to Devote Award Programming to Climate Change Call to Action — Event Expands to Include Expert-Led Webinars Open to the Public WASHINGTON, D.C.—The National Building Museum announced today that it will present its 2021 Honor Award to global design firm Skidmore, Owings & Merrill (SOM). For the first time in 36 years, and inspired by this year’s honoree, the Museum will transform the annual Honor Award into a Climate Change Call to Action, including weeks of provocativ...
Bentley Systems Announces New Bentley Education Program, Putting Students on the Path to Infrastructure Careers
Students and Educators Entitled to Learning Licenses at No Cost! EXTON, Pa. – Bentley Systems, Incorporated, (Nasdaq: BSY), the infrastructure engineering software company, today announced the Bentley Education program, which encourages the development of future infrastructure professionals for careers in engineering, design, and architecture. The Bentley Education program is initially available in the United Kingdom, Australia, Singapore, Ireland, and Lithuania,...
MiTek Announces Realignment of Benson®, SidePlate™, and Ultra-Span® Structural Framing Solutions
Three leading structural framing brands will now be offered as part of the MiTek® portfolio of solutions and provide customers more value across the entire building industry CHESTERFIELD, Mo.- MiTek Inc., a Berkshire Hathaway company (NYSE: BRK-A,NYSE: BRK-B), today announces the realignment of three well-known brands providing structural framing solutions to the building industry. Driven by industry demand and organizational collaboration, these structural framing building solutions will...
PPXX Conference in September in Amsterdam
The PPCA Board of Directors met recently and confirmed the decision to move forward with PPXX on September 6-8, 2021 at the Hotel Okura in Amsterdam. There is sufficient interest from sponsors, exhibitors, speakers, and registrants to warrant holding the conference in person following the postponement of last year’s conference. Country and hotel guidelines for social distancing and other COVID-19 guidelines are under development and will be communicated in the coming months for those attending...
Skanska’s divestment of its infrastructure services business in the UK completed with a gain on sale of GBP 31M, about SEK 360M
As announced earlier, Skanska is divesting its infrastructure services business in the UK for GBP 50M, about SEK 580M, to M Group Services. The closing of the deal has been reached with a gain on sale of GBP 31M, about SEK 360M. The transaction will be recorded in Skanska Construction Europe in the second quarter of 2021. Comprising highways maintenance, rail maintenance and streetlighting replacement and maintenance, the divested business’s revenue in 2020 was GBP 334M, about SEK 3.9 billion...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
TriMet’s Banfield Type 1 Substation Replacement Project
February Issue 2026
