Cornerstone Closes Quickly on Mueller Supply Deal
Cornerstone Building Brands confirmed it closed the Mueller Supply Company acquisition, enhancing its Southwest presence and access to expanded metal roofing markets.
Category: Blog
Kraton, DL Chemicals Complete $1 Billion Bond Issuance
Kraton Corp. raised $1 billion through a global bond issuance backed by Korea Development Bank’s credit guarantee in collaboration with parent company DL Chemicals.
Kingspan Forms Partnership with LONGi for Global Energy Transition
KINGSPAN GROUP PLC, a building solutions provider, and solar manufacturer LONGi Green Energy Technology Co. Ltd are collaborating to integrate advanced solar technology with innovative building materials. The partnership aims to pave the way for more sustainable construction and energy solutions. Kingspan and LONGi have agreed to bring together their technologies to develop Integrated (BIPV)
Mitie buys power contractor ESM for £8.5m
Mitie has struck an £8.5m deal to buy leading high voltage electrical engineering contractor ESM Power. Specialising in grid and power connections, the Scunthorpe-based firm has 20 years of experience in the design, delivery and maintenance of high voltage power connections across a broad range of sectors, including local authorities, commercial developments and power generation
PMRCL to Develop Swargate Commercial Complex
The Pune Metro Rail Corporation Limited (PMRCL) is set to develop a commercial complex at Swargate, aiming to enhance its revenue streams and provide modern amenities to commuters. This project, strategically located at one of Pune’s busiest transit hubs, promises to transform the Swargate area into a vibrant commercial zone. The proposed complex will feature
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26 face fight to renew spots on £1bn NEPO civils deal
The North East Procurement Organisation has started the race for its next-generation civils and infrastructure framework worth an estimated £1bn. Twenty-six firms now face a fight to renew their places on the framework which now has a simplified lotting structure for firms delivering projects in the north east and nationally. Existing partners on the national
India to Boost Marshall Islands Infra with New Community Projects
India has announced plans to develop community infrastructure projects in the Marshall Islands as part of its outreach to the Pacific region. The projects, which include the construction of a community sports centre, an airport terminal, and two community centres, were formalized with the signing of a Memorandum of Understanding (MoU). This initiative is part
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AP CM Naidu Unveils Plan for 4-5 New Regional Airports
Andhra Pradesh Chief Minister N. Chandrababu Naidu has announced plans to develop 4-5 small airports across the state, aiming to boost regional connectivity and infrastructure. This initiative is part of a larger strategy by the state government to improve transportation links and foster economic growth in less accessible areas. The proposed airports will be strategically
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String of contract wins sees turnover surge 25% at Mace
Mace enjoyed a 25% rise in turnover last year helped by 60 contract wins at the main construction division. Revenue rose to £2.36bn for the year to December 31 2023 from £1.89bn last time while pre-tax profits from continuing operations hit £61.7m from £36.7m. Last year was the halfway point in the delivery of Mace’s
Go-ahead for £170m King’s Cross life sciences office project
Developer Delancey has secured planning for a landmark commercial building at the King Cross knowledge quarter in London. The 200,000 sq ft life sciences and technology-focused building will be built on a brownfield site on York Way. Delancey said it now hopes to start on site next year with construction completed in 2028. It is