Posts Tagged ‘Construction’
May 8, 2015 | 
Author Corenic Construction Group Managing Director Named Finalist for Skyline Award
Washington, D.C. (PRWEB) May 07, 2015
Brunson Cooper, of Corenic Construction Group, was named on May 4, 2015 as a finalist for SmartCEO’s Skyline Award for his work as a general contractor in the construction industry during a ceremony held with more than 200 attendees in Bethesda, Md.
Other finalists for the 2015 awards include industry leaders in development, finance, contractors and designers.
“A lot of what we do at Corenic is focused on improving the community where we work and live,” stated Brunson Cooper, Managing Director of Corenic Construction Group. “It is an honor and a privilege to be recognized for services we are happy to provide. We are committed to our clients, the success of their projects and the development of our community here in Washington, D.C.”
Finalists will be profiled in the May/June issue of SmartCEO magazine.
Corenic is a full service general contractor, specializing in commercial construction for the Washington, D.C. metropolitan area. Corenic was recently certified by the National Minority Supplier Development Council as a minority owned and operated business. Corenic has enjoyed unprecedented success as a general contractor since 2009 to include other awards such as Prince Georges County Chamber of Commerce Small Business of the Year 2013 (Corenic), 40 and 40 Prince Georges County Social Innovation Fund for 2013 (Brunson Cooper), Goldman Sachs 10,000 Small Business Certificate of Entrepreneurship (Brunson Cooper/Corenic), Top 25 Minority Leaders Washington Business Journal (Brunson Cooper).
To learn more about Corenic Construction Group visit http://www.corenic-cg.com.
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Corenic Construction Group is a locally owned and managed full-service general contractor, specializing in commercial construction for the Washington, D.C. metropolitan area. The certified minority owned and operated business was founded on the firm principals of quality and integrity. Corenic has enjoyed unprecedented success as a general contractor since 2009. Its reputation was established providing a superior product completed on time, and within budget.
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Rise in Supertall Construction Projects Drives Growth in the Global Obstruction Lighting Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 13, 2015
Follow us on LinkedIn -Obstruction lights, also known as aviation lights, are lights that indicate the existence of obstacles in the aircraft flight path. Obstruction lights form an integral part of aviation lighting designed to assist pilots in navigating, especially during nights and bad weather conditions. Growth in the market is expected to remain steady driven by stringent air safety norms, and rise in the construction of tall structures such as skyscrapers, telecom/broadcast towers, and wind turbines, among others. The market also stands to gain from replacement of traditional incandescent fixtures with energy efficient LED obstruction lights.
Of special note is the rapid proliferation of telecommunication infrastructure against a backdrop of expanding mobile subscriber base and deployment of 4G networks. Installation of rooftop cellular towers is therefore increasing as mobile network operators seek to improve connectivity and quality of service. Strong growth in cable TV, satellite TV and DTTV is spurring media investments in broadcast towers, thus creating increased need for obstruction lighting solutions. Wind turbine installations as part of the government focus on sustainable energy are helping expand the need for safety lights. This is largely because wind turbines, which are often installed on hilltops and high-altitude mountainous terrains, present a potential threat to low flying aircraft. Also driving the need for obstruction lighting is the increase in low-flying helicopter operations owing to increased use of helicopters by law enforcement and emergency medical service agencies.
Given the growing emphasis on energy efficiency and cost reduction, manufacturers are focusing on the development of compact, power saving LED lights with superior aerial visibility in all weather conditions. Constantly evolving LED lumen efficiency and chip performance, and rising government incentives for improved energy efficiency standards, are key factors supporting the growth of LED obstruction lighting.
As stated by the new market research report on Obstruction Lighting, the United States represents the single largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 7.8% over the analysis period.
Major players covered in the report include BTI Light Systems A/S, Carmanah Technologies Corporation, Hughey & Phillips LLC, Dialight plc, Orga Aviation BV, Flash Technology, International Tower Lighting LLC, TWR Lighting Inc., and Ceravision Limited among others.
The research report titled “Obstruction Lighting: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East/Africa and Latin America.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.
Global Industry Analysts, Inc.
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Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
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Posted in International Business | Tags: According, Analysts, Construction, Drives, Global, Growth, Inc., Industry, Lighting, Market, Obstruction, Projects, Report, Rise, Supertall | No Comments »
RED Provides $ 3.85M Balance Sheet Construction Mezzanine Loan for Discovery Senior Living
Columbus, OH (PRWEB) November 11, 2014
RED Capital Partners, LLC, the proprietary debt and equity banking arm of comprehensive capital provider RED CAPITAL GROUP, LLC, recently completed a $ 3.85 million mezzanine balance sheet construction loan to an affiliate of Discovery Senior Living.
Discovery Village at Palm Beach Gardens will be a 120-unit Class A seniors housing community located in Palm Beach Gardens, FL. When complete, the community will include 30 Supervised Independent Living, 60 Assisted Living, and 30 Memory Care units.
The community will include amenities such as dining rooms, game room, club and bar, Bistro and ice cream parlor, pet park, fitness center, heated indoor therapy pool, movie theater, beauty salon, spa, barber shop, craft center, and garden area.
The facility will also host a state-of-the-art Discovery Zone Media Center with cognitive brain fitness technology.
Discovery Senior Living is an award winning, fully integrated, seniors housing development and management company based in Bonita Springs, FL. Discovery operates 14 senior living communities with over 3,500 units and is actively acquiring and developing in Texas and the southern United States.
Richard Hutchinson, President and CFO, Discovery Senior living, stated, “We are excited about continuing our long relationship with RED. Their experienced, thoughtful and creative approach to financing continues to allow Discovery Senior Living to expand its portfolio of world class communities in an efficient and effective manner.”
Kathryn Burton Gray, Senior Managing Director for RED said, “Discovery Senior Living is one of the premier owner/operators in the country. We are pleased that, once again, they chose RED as one of their capital partners.”
James Scribner, Managing Director for RED said, “We are excited to be working with the Discovery team. We have had a great, long-standing relationship with Richard and his team. For this transaction, creativity was essential – being able to work through the complexities of a mezzanine loan takes expertise and creativity. Additionally, our strong relationship with the first mortgage lender, Community & Southern Bank, was instrumental.”
***
About RED CAPITAL GROUP, LLC
Recognized for its industry expertise, innovative and comprehensive structures, and consistently high rankings, RED CAPITAL GROUP, LLC has provided over $ 55.3 billion of integrated debt and equity capital since 1990 to the seniors housing and health care, multifamily, affordable, and student housing industries through three operating companies. RED Mortgage Capital, LLC is a leading Fannie Mae DUS® and MAP- and Lean-approved FHA lender with a mortgage servicing portfolio of almost $ 17 billion. RED Capital Markets, LLC (MEMBER FINRA/SIPC) is a leader in the distribution of Fannie Mae and Ginnie Mae Project MBS, and provides structuring, underwriting, placement, and advisory services for tax-exempt and taxable housing and health care bonds. RED Capital Partners, LLC provides proprietary debt and equity solutions, and asset management in a range of forms, including subordinated gap and bridge loans. RED CAPITAL GROUP, LLC is a subsidiary of ORIX USA Corporation.
About ORIX USA Corporation
ORIX USA Corporation is a diversified financial company with approximately $ 6 billion of assets in sectors spanning commercial finance, venture finance, commercial real estate and public finance, as well as $ 25 billion of assets managed for others. Operating subsidiaries include Houlihan Lokey, RED CAPITAL GROUP and Mariner Investment Group. Headquartered in Dallas, Texas, ORIX USA and its subsidiaries have more than 1,400 employees and offices in major cities including New York, Los Angeles, London and Tokyo.
ORIX USA is a wholly owned subsidiary of ORIX Corporation, a Tokyo-based, publicly owned international financial services company with operations in 35 countries worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX). For more information on ORIX USA, visit http://www.orix.com.
DUS® is a registered trademark of Fannie Mae
For more information on
this announcement,
please contact:
Kathryn Burton Gray
Senior Managing Director
RED Mortgage Capital, LLC
+1 949 485-3240
Kburtongray(at)redcapitalgroup(dot)com
James D. Scribner
Managing Director
RED Mortgage Capital, LLC
+1 203 332 7110
jdscribner(at)redcapitalgroup(dot)com
For more information on
RED CAPITAL GROUP, LLC
please contact:
Lisalynne Quinn
Director of Marketing
RED CAPITAL GROUP, LLC
+1 469 385 1434
llquinn(at)redcapitalgroup(dot)com
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LeaseQ Offers Leasing To One Of The Fastest Growing Industries Today – The Construction Equipment Industry
Boston, MA (PRWEB) September 24, 2014
According to a study done by Association of Equipment Manufacturers (AEM), the construction industry is recovering from the recession at a rapid pace. This trend has had a significantly positive impact on the U.S economy given that the industry now supports hundreds of thousands of high paying jobs and billions in economic activity.
The study was conducted in order to determine how the construction industry weathered the recent economic recession as well as its overall performance over the past ten years. The study was also meant to clarify the construction equipment industry’s economic footprint.
Infrastructure project growth could be the reason behind the continued progress in the construction industry. In addition, mining activities have also increased – which has positively impacted the industry in the recent past.
Additionally, the use of advanced machinery over traditional construction machinery has increased over the past few years due to technological development. Acquisition of this advanced machinery through options such as leasing is expected to fuel market growth over the next few years because of its cost effectiveness.
For more information on leasing construction equipment, visit:
https://www.leaseq.com/construction-equipment-leasing
However, a major challenge facing the construction industry right now is meeting the stringent fuel emitting standards set by regulatory authorities. Heavy construction equipment is known to emit toxic gases such as carbon dioxide and nitrous oxide.
New machinery technology enhances construction productivity. Vernon Tirey, CEO and Founder of LeaseQ was quoted as saying; “Most construction activities have moved from hand tools to electric powered tools and some technologies even provide new capabilities to construction equipment. However, many construction companies may not have sufficient capital to fund acquisition of this equipment. This is why we offer equipment leasing through our online platform.”
LeaseQ Is Now Offering Construction Equipment Leasing
New equipment technologies and advances in building materials have helped mitigate the rising costs of construction. There is plenty of good news for companies trying to decide which type of construction equipment meets their needs. LeaseQ leases equipment such as dump trailers, skid loaders, cement trucks, concrete pumps, compactors, specialty pumps and ditch witches among other types of equipment – making those item cost effective for the growing construction industry.
Through their online platform, interested lessees can find construction equipment financing and construction equipment leasing options that suit their current financial situation. LeaseQ connects hundreds of independent equipment leasing companies, regional and local banks and international financial services companies with potential lessees.
Leasing at LeaseQ is quite easy. Lessees only have to fill in basic company and personal information. Once they hit the “get quote” button, LeaseQ will run a soft credit inquiry, which has zero impact on, an applicant’s credit score. The entire process is free and it takes less than two minutes to get a pre-qualified quote.
About LeaseQ
Based in Woburn, MA, LeaseQ is a source of instant leasing quotes from leading finance companies. Their online platform provides a safe and fast way to lease equipment from preferred companies. Visit them at https://www.leaseq.com
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Posted in Personal Finance | Tags: Construction, Equipment, Fastest, Growing, Industries, Industry, LeaseQ, Leasing, Offers, Today | No Comments »
Viewpoint Construction Software and Cosential, Inc. Form Strategic Partnership to Help Customers Win More Work
Portland, Ore. (PRWEB) September 09, 2014
Viewpoint Construction Software has entered a strategic partnership with Cosential, Inc., offering customers tighter product integration between Vista, Viewpoint’s leading construction Enterprise Resource Planning (ERP) system, and Cosential’s Customer Relationship Management (CRM) and Proposal Automation application. Viewpoint’s integration with Cosential will enable construction firms to securely sync their project-specific marketing, business development and financial data for enhanced data accuracy and transparency, which reduces repetitive data entry and improves efficiency, giving contractors even more time to build their backlogs.
“We’re excited to marry Vista, Viewpoint’s best-in-class construction ERP system to Cosential’s project-focused CRM. Collaborating in the marketplace enables us to mutually provide a better overall solution to our customers,” stated Henry Ferguson, Director of Business Development with Viewpoint. “Our joint teams have developed a rich roadmap for integration between the Viewpoint and Cosential products, offering a unified solution to the construction market.”
“Using Viewpoint and Cosential together has allowed us to streamline our submittal process and ensure consistency,” said Anna Harrison, Marketing Manager with Yates Construction. “We’re thrilled to be a part of the ongoing collaboration and development discussions to enhance the existing integration.”
“We recognize the competitive advantage this type of flexible, scalable integration offers our clients in the construction marketplace,” said Dan Cornish, CEO with Cosential. “Joining forces with Viewpoint allows us to offer our mutual clients an evolving best-in-class construction technology solution to positively impact business growth.”
About Cosential
Cosential provides comprehensive CRM and Proposal Automation solutions for some of the world’s largest Architecture, Engineering, and Construction firms. Cosential was built by AEC marketing professionals with a deep understanding of the unique pain points and business processes of those businesses. Cosential is a profitable, debt-free, privately-held company based in Austin, Texas. The company can be found online at http://www.cosential.com.
About Viewpoint Construction Software
Viewpoint is a global provider of innovative construction-specific software solutions and services that offer the AEC and owner communities the tools they need to improve project profitability and visibility, manage risk, and effectively collaborate with project owners and the entire project team. Viewpoint solutions include everything needed from preconstruction to construction and facilities maintenance, and are offered on a variety of platforms including Cloud, Mobile, SaaS and On Premises. Headquartered in Portland, Oregon, USA, and with offices in the UK, Australia and Canada, Viewpoint has become the technology partner of choice, with customers located across the globe in more than 28 countries which include more than 30 percent of the ENR 400, and partnerships with more of the top 50 mechanical and electrical contractors in the United States than any other construction software provider. For more information, please visit http://www.viewpoint.com.
© 2014 Viewpoint, Inc. dba Viewpoint Construction Software. All Rights Reserved. Viewpoint®, Viewpoint Construction Software®, Viewpoint V6 Software®, Vista by Viewpoint™, ProContractor by Viewpoint™, Construction Imaging®, Mobile Field Manager™, 4Projects®, Viewpoint For Project Collaboration™ and Viewpoint For Estimating™ are trademarks or registered trademarks of Viewpoint, Inc., in the United States and/or other countries. Other names and brands may be claimed as the property of others.
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Posted in Debt | Tags: Construction, Cosential, Customers, Form, Help, Inc., More, Partnership, Software, Strategic, Viewpoint, Work' | No Comments »
Construction Machinery Industry In China, 2014-2018: Worldwide Industry Share, Investment Trends, Growth, Size, Strategy and Forecast Research Report
(PRWEB) April 19, 2014
In 2013, China’s GDP increased by 7.7% YOY. According to IMF, the growth rate of global economy was merely 3%. China remains one of the fastest growing countries in terms of GDP and resident income in recent years. The GDP per capita was approximately USD 6,600 in 2013, far behind that of developed countries. Therefore, Chinese economy shows great potential for growth.
Browse full report with TOC: http://www.marketresearchreports.biz/analysis-details/research-report-on-construction-machinery-industry-in-china-2014-2018.
In 2013, the investment in fixed assets was CNY 44.7074 trillion in China, up by 19.3% YOY. The rapid growth stimulates demand for construction machinery. Consequently, as the global production and demand transfer, China becomes an important market and the manufacturing center of construction machinery with most of the market seized by the foreign-funded enterprises.
In 2013, the sales revenue of construction machinery industry surpassed CNY 600 billion in China, up by over 10% YOY.
The sales revenue of top 50 enterprises accounted for over 80% of the industry while that of XCMG exceeded CNY 100 billion. The annual sales revenue of over 10 manufacturers of construction machinery, including foreign-funded enterprises, surpassed CNY 10 billion.
Investment and M&A remained as the main trend of the industry due to high expectation of market demand. It is noteworthy that Chinese manufacturers of construction machinery are expanding business overseas. Certain Chinese manufacturers with strong competitiveness expand export and operate internationally through M&A and joint ventures. For instance, Weichai Power Co., Ltd., a subsidiary of Shandong Heavy Industry Group, purchased shares of KION Group. Liugong Machinery (Poland) sp. z o. o. signed Conditional Acquisition Contract with the asset custody side of ZZN Transmission Plant in Stalowa Wola, Poland. SANY GROUP purchased the remaining 10% shares of Putzmeister and became its 100% shareholder.
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Chinese government is determined to maintain economic growth through structure adjustment and reform instead of investment in fixed assets under the pressure of economy slowdown. The measures are proved to be effective in terms of urbanization. It once referred to an influx of rural migrants to cities that resulted in urban traffic congestion and increasing crime rate. However, current urbanization policies attempt to absorb surplus rural labors through synchronized development of small towns and medium to large cities. The number of small towns is approximately 20,000 in China. It is estimated that new urbanization infrastructure will stimulate demand of CNY 0.4-0.5 million for investment in fixed assets in the next 10 years. Decline of the governmental investment will make room for non-state-owned capital. The annual growth rate of investment in fixed assets like transportation, infrastructure and real estate is expected to surpass 15% in the coming years.
In 2014-2018, demand for construction machinery is estimated to increase outstandingly and create many opportunities for manufacturers at home and abroad.
Through this report, the readers can acquire the following information:
Production and Demand Status of Construction Machinery Industry
Government Policies of Construction Machinery Industry in China
Competition Status of Construction Machinery Industry in China
Analysis of Construction Machinery Sub-industries in China
Import and Export of Construction Machinery Industry
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Table of Contents
1 Basic Situation of Construction Machinery Industry
1.1 Definition and Classification
1.1.1 Definition
1.1.2 Analysis of Industry Chain
1.1.3 Analysis of Relations between Sub-industries
1.1.4 Major Products
1.2 Status in China Economy
2 Development Environment of Construction Machinery Industry in China, 2013-2014
2.1 Economic Environment
2.1.1 Global Economy
2.1.2 Chinese Economy
2.2 Government Policies
2.2.1 Policies Overview
3 Operation Status of Construction Machinery Industry in China, 2009-2013
3.1 Industry Scale
3.1.1 Number of Enterprises
3.1.2 Total Assets
3.1.3 Number of Employees
3.2 Supply Status
3.2.1 Gross Output Value
3.2.2 Production Volume
3.3 Demand Status
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