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Apogee Enterprises Completes Acquisition of GroGlass
MINNEAPOLIS--(BUSINESS WIRE)--Apogee Enterprises, Inc. (Nasdaq: APOG), a leading provider of architectural building products and services, as well as high-performance coated materials used in a variety of applications, today announced the completion of its previously announced acquisition of SIA “GroGlass” ("Groglass"). The transaction, valued at up to approximately $71.8 million at current exchange rates, including contingent earnout consideration, was completed following satisfaction of custom...
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Dream Finders Homes, Inc. Announces Results of Consent Solicitation for Beazer Homes USA, Inc.’s 8.000% Senior Notes Due 2032
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Dream Finders Homes, Inc. (“Dream Finders”) (NYSE: DFH) today announced the results of its previously announced consent solicitation, as amended and extended (the “Consent Solicitation”), with respect to certain amendments (collectively, the “Proposed Amendment”) to the Indenture governing the outstanding 8.000% Senior Notes due 2032 (the “2032 Notes”) of Beazer Homes USA, Inc. (“Beazer”), in connection with its proposed acquisition of Beazer, upon the terms...
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US Hotel Brands Set to Operate Nearly Half of Ras Al Khaimah's Hotel Keys, Building Upon Decades-Long Partnerships with American Operators
RAS AL KHAIMAH, United Arab Emirates--(BUSINESS WIRE)--U.S.-operated hotel brands will account for almost half of the total portfolio of the hospitality developments within Ras Al Khaimah, United Arab Emirates. A total of 6,365 of the 12,811 hotel keys in the Emirate are set to be operated through U.S. companies and brands, making it the largest single-market share held by any group of operators. The increase in U.S.-operated keys in Ras Al Khaimah builds on the Emirate’s long-standing partners...
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Walker & Dunlop Arranges $300 Million Refinancing for Mixed-Use Property in Manhattan’s Meatpacking District
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop arranged $293,200,000 to refinance 40 Tenth Avenue, a 158,957-square-foot, mixed-use property in Manhattan’s Meatpacking District....
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Armstrong World Industries Foundation Awards More Than $600,000 in 2026 Better Building Grants
LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries Foundation, the philanthropic arm of Armstrong World Industries, Inc. (AWI), today announced its 2026 Better Building Grant recipients, awarding more than $600,000 to 10 nonprofit organizations to support building renovations, facility improvements and essential community services. The grants were presented during the inaugural Armstrong World Industries Community Impact Celebration on Sept. 10 at Armstrong’s Lancaster campus, bringing...
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Consor Appoints Mindy Shimanek as President and Chief Executive Officer
MIAMI--(BUSINESS WIRE)--Consor North America, Inc. (“Consor”), a leading engineering firm at the forefront of advancing intelligent, future-ready infrastructure, today announced the appointment of Mindy Shimanek as President and Chief Executive Officer (“CEO”).Shimanek brings more than 30 years of experience building and leading engineering and consulting businesses. She spent nearly 20 years as co-founder of Structural Grace, an Arizona-based structural engineering firm that joined Consor in 20...
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MSI Economics Report Finds America's Power Buildout Is Gated by Execution Constraints, Not Demand
BOSTON--(BUSINESS WIRE)--MOCA Systems, Inc. (MSI) announced a new special report from MSI Economics, the research unit of the construction services and technology firm. Recharging America: The Construction Opportunity in America’s Power Buildout, 2025–2030 quantifies how surging U.S. electricity demand converts into construction-market spend through 2030 and identifies the bottlenecks that will gate how much of that demand gets built. Under the midline scenario, natural gas, solar, wind, and nu...
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The Stay Era: Survey Finds 74% of Homeowners Are Choosing to Stay Put Turning Their Current Home into Their Dream Home
WINCHESTER, Va.--(BUSINESS WIRE)--It’s long been assumed that American homeowners are opting to stay in their current homes due to high mortgage rates, a tight housing market, and economic uncertainty. But a new national survey conducted by Trex Company suggests homeowners aren't staying put because they're stuck. They're staying on purpose. "We expected people to say they're staying because they can't afford to move,” said Jodi Lee, senior vice president of marketing for Trex, the world’s larg...
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MIT, Suffolk Release Joint Study on How Artificial Intelligence is Transforming the Construction Industry
BOSTON--(BUSINESS WIRE)--Suffolk, one of the most innovative and successful builders in the country, in partnership with the MIT Center for Real Estate and MIT Media Lab City Science group, has released “Construction in the Age of AI,” a new joint study that examines how artificial intelligence (AI) is reshaping construction performance and productivity, and where it can deliver the most meaningful gains in processes, scheduling and project feasibility. The construction industry continues to fa...
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Sokkia präsentiert neue Vermessungs- und Reality-Capture-Lösungen auf der INTERGEO 2026
MÜNCHEN, Deutschland--(BUSINESS WIRE)--Sokkia erweitert sein Portfolio an Vermessungs-, Positionierungs- und Reality-Capture-Technologien um neue GNSS-Empfänger, mobile Handscanner und Totalstationen. „Mit den neuen Lösungen unterstützen wir Vermessungs-, Kartierungs-, Bau- und Infrastrukturprojekte mit durchgängigen digitalen Workflows“, sagte Neil Vancans, Head of Topcon Geomatics Sales. „Anwender können Daten effizient erfassen, verarbeiten und zwischen Außendienst und Büro austauschen. Das...