Items Tagged with 'investment'

The ROCKWOOL Board of Directors has approved a $100 million-plus investment in a new production line in Mississippi for industrial insulation products. The new production line will help meet the growing demand from the process industry in the Gulf of Mexico region.

Democrats on the Joint Economic Committee released a new report, which found that expanding registered apprenticeship programs will expand the pipeline of workers into higher-paying jobs while also meeting the needs of employers.

The nation’s failure to invest in construction workforce education and training programs is having a real, measurable impact on the country’s ability to build infrastructure and other construction projects, according to the results of a workforce survey conducted by the Associated General Contractors of America and Arcoro, the leading HR technology company supporting the construction industry.

O’Shaughnessy Ventures LLC, a family office that invests in ambitious seed and pre-seed startups, announced Feb. 2 that it has invested in Furno Materials Inc.

Georgia-Pacific closed out 2023 with a total of $2 billion in capital investments, including completing new facilities, continuing work on future projects – some projected for completion in 2024 – and improving existing facilities.

Cement production and processes emit over 5 percent of all carbon dioxide emitted by human activity. Reducing that environmental impact is a high priority among cement producers. Cement producers are now publishing their Environmental, Social and Governance credentials concerning energy use in their operations, greenhouse gas emissions and water usage.

Simpson Strong-Tie will invest $110 million to expand its manufacturing operations in Gallatin, Tennessee. The expansion will create 37 new jobs in Sumner County. The new facility on Airport Road will allow Simpson Strong-Tie to meet growing product demand and relocate a portion of its fastener manufacturing operations.

Armstrong World Industries announced that it has entered a strategic partnership and equity investment in Overcast Innovations, a venture established by leading construction and energy services company McKinstry.

After a comprehensive year-long search, Brad Jacobs has announced his intention to create a market leader in building products distribution — an industry with approximately $800 billion in annual revenue between North America and Europe, according to industry estimates.

STARC Systems, the Brunswick, Maine-based manufacturer of reusable temporary wall containment solutions for occupied renovations, announced that North Branch Capital has secured majority ownership of the company. To date, most of STARC’s customers have been the country’s top contractors and health care facilities.