October 27th, 2008
McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today released its 2009 Construction Outlook, which forecasts a drop in overall U.S. construction starts for next year, as the tough funding environment continues, construction projects are deferred, and financial stress gradually eases. Against this backdrop, the level of construction starts in 2009 is expected to [...]
October 27th, 2008
Integrated Electrical Services, Inc. announced it has expanded its existing surety facility and established a new co-surety facility that increases its capacity to $325 from $150 Million.
“We are very pleased to expand our relationship with our surety partners to significantly increase our capacity,” stated Michael Caliel, IES’ president and chief executive officer. “This agreement is [...]
October 27th, 2008
ProLogis, the world’s largest owner, manager and developer of distribution facilities, announced that it has leased approximately 174,000 square feet (16,200 square meters) in Shanghai to Mitsubishi Logistics, a leading third-party logistics company in Asia.
Mitsubishi Logistics will lease the space through its affiliated joint venture Shanghai Linghua Logistics Co. and will fully occupy one of [...]
October 10th, 2008
Burnham Holdings, Inc., a leading manufacturer of boilers, furnaces, radiators, air conditioning systems, and related accessories for residential, commercial and industrial applications, today reported its financial results for the period ended September 28, 2008.
Third quarter and year-to-date sales were $62.9 million and $149.8 million, respectively. Prior year third quarter and year-to-date sales were $59.8 million [...]
October 10th, 2008
Further to the press release issued on October 7, 2008, The Churchill Corporation today announced that a normal course issuer bid has been approved by the Toronto Stock Exchange (the “TSX”).
The Corporation intends to purchase up to 1,391,090 of its common shares by way of normal course purchases on the TSX, representing 10% of the [...]
October 10th, 2008
Entertainment Properties Trust announced significant third quarter capital formation.
During the third quarter of 2008, Entertainment Properties Trust continued its successful access to both the debt and equity capital markets. The Company obtained new lender commitments for $177 million of debt financing and issued approximately $113 million of common equity through a registered public offering [...]
October 6th, 2008
Thompson National Properties, LLC announced today that it has entered into an agreement to form a venture with Argus Realty Investors, LP that will manage substantially all of Argus’ existing portfolio and introduce new investment opportunities. As part of the transaction, many former Argus employees, including Dick Gee and Tim Snodgrass, will join the Thompson [...]
October 6th, 2008
The world’s leading earthmoving equipment manufacturer, Caterpillar Inc. and Trimble, the leading innovator in developing technology for mobile and work applications, announced today the creation of a new joint venture company and a new distribution agreement. The new company, VirtualSite Solutions, will integrate the deep expertise of both parent companies in the areas of product [...]
July 21st, 2008
Plas-Tech Coatings, Inc. recently released a new industrial metal coating that provides all the benefits of traditional fluoropolymer coatings in a crystal clear film. PT-75 is a thin film fluoropolymer coating available for use in various industries.
This new fluoropolymer coating is a highly stable, PTFE-based coating appropriate for nonstick, dry film lubrication applications. It is [...]
July 21st, 2008
Kyocera Solar, Inc. announced its role as the sole supplier of photovoltaic modules for the solar electric system at the Gatorade manufacturing and distribution facility in Tolleson, Ariz., the state’s largest solar energy initiative. The planned installation of a 500-kilowatt (kW) system to provide electricity to the 797, 000 square-foot Gatorade site will use solar [...]
July 20th, 2008
Up-front costs and lack of federal incentives remain obstacle to strong growth
Driven by consumer concerns over climate change and rising electricity prices, the U.S. small wind turbine market grew 14% and deployed 9.7 megawatts (MW) of new power generating capacity in 2007, the American Wind Energy Association (AWEA) said today in its annual small wind [...]
July 20th, 2008
Hitachi Power Tools announced the partnership with Yates Racing, sponsoring the No. 28 entry with driver Travis Kvapil for a total of six races in the remaining NASCAR Sprint Cup Series schedule. The primary sponsorship will debut at Indianapolis Motor Speedway on July 27th and the race will mark the first time Hitachi Power Tools [...]