Building Systems News

LONDON--(BUSINESS WIRE)--Walker & Dunlop, Inc. (NYSE: WD) announced the expansion of its London-based brokerage and capital markets advisory team with the strategic hire of Javier Villanueva as managing director. Villanueva, an Eastdil Secured veteran, will report into Claudio V.R. Sgobba, senior managing director and Head of EMEA Capital Markets. He will be responsible for leading the structuring and execution of capital solutions across all property types and jurisdictions throughout Euro...

SAN FRANCISCO--(BUSINESS WIRE)--P-1 AI comes out of stealth, aims to build engineering AGI for physical systems. The company announces a $23M seed round led by Radical Ventures....

BROOMFIELD, Colo.--(BUSINESS WIRE)--Trade business owners are facing unprecedented challenges and opportunities, according to Simpro's 2025 Trades Outlook Report. For plumbing, electrical, HVAC, and other field service business owners, the landscape has shifted dramatically, but so have the tools for success. The report, gathering insights from over 600 diverse trade and field service businesses worldwide, reveals that companies thriving amid today's economic pressures are those that invest in...

WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, today announced that it completed its previously announced reverse stock split of the Company’s common stock (the “Common Stock”) at a ratio of 1-for-2.5 (the “Reverse Stock Split”). At market open on April 2...

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today, it launched an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 1.875% Senior Notes due 2026 issued by Orbia (the “Notes”). The relevant consideration payment summary for the Notes is as follows: Notes Principal Amount Outstanding Reference U.S. Treasury Security(1) Bloomberg Reference page Fixed Spread (basis points)(2) Early Tender Payment (3)(4)...

BOSTON--(BUSINESS WIRE)--Suffolk, one of the largest and most innovative construction enterprises in the country, recently hosted the Suffolk Climate Tech Forum at its Boston headquarters. The event was co-hosted by Suffolk's Sustainability Group and Suffolk Technologies, the venture capital affiliate of Suffolk that invests in early-stage built world startups, to convene industry leaders, entrepreneurs, investors, contractors, designers and public officials and tackle the urgent climate challe...

LAS VEGAS--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of Landings at Caldwell Park, a new community within Summerlin, one of Las Vegas’ premier master plans. The new homes are designed for the way people live today, with popular features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, ample storage and beautiful outdoor living spaces. The two-story homes at Landing...

MANSFIELD, Ohio--(BUSINESS WIRE)--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.185 per share on the common stock of the Company, payable June 10, 2025, to shareholders of record May 15, 2025. This will mark the 301st consecutive quarterly dividend paid by The Gorman-Rupp Company. About The Gorman-Rupp Company Founded in 1933, The Gorman-Rupp Company is a leading designer, manufacturer and international marketer of pumps and pump syst...

MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE: GRC) announced that at the Annual Meeting of the Shareholders of The Gorman-Rupp Company held April 24, 2025, Pamela A. Heminger was elected to the Board of Directors. Ms. Heminger, age 57, is a senior vice president of Caterpillar Inc. (NYSE:CAT), a NYSE publicly traded leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. As...

HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today reported results for the quarter ended March 31, 2025. For the quarter ended March 31, 2025, net income was $169.3 million, or $4.75 per diluted share, as compared to $96.3 million, or $2.69 per diluted share, for the quarter ended March 31, 2024. The income tax provision for the first quarter of 2025 includes a benefit of $0.25 per diluted share related to interest income on a prior year tax refund that was r...