
A joint venture comprised of affiliates of Glenmont Capital Management, LLC and Resolution Services LLC announced today its acquisition of the Sheraton Orlando Downtown from the property’s lender. With 341 rooms and 20,000 square feet of meeting space, the hotel is Orlando’s largest downtown hotel. Well situated in the heart of downtown, the property is also only a short drive from Universal Studios and conveniently located directly off Interstate...

MWH, the global wet infrastructure sector leader and provider of environmental engineering, construction and strategic consulting services, and joint venture partner Energoprojekt Co. Ltd., helped celebrate the completion of the $350 million Tekeze Hydropower Project in northern Ethiopia. The government-funded project – and tallest dam in Africa at 188 meters-high – is expected to provide a reliable, renewable source of power for the country that...

Manitowoc Cranes has introduced a new 100 t capacity crawler crane to the Chinese market. Recent infrastructure development projects have made China one of the fastest-growing construction equipment markets in the world. The new crane, called the MLC100, is a world-class crawler crane engineered by Manitowoc in China. The company will back the crane with Manitowoc Crane Care’s China-based field technicians and local contact center. The MLC100 is...

Ferrari World Abu Dhabi, set to open in 2010, is the world’s first Ferrari theme park and largest attraction of its kind. It will be an intense multi-sensory experience and a must-visit for enthusiasts, fans and families. The Park pays tribute to the passion, excellence, performance, technical innovation that Ferrari has established over the years and represents today. Its iconic sleek red roof is directly inspired by the classic double curve...

Southwall Technologies Inc., the worldwide innovator of energy-saving films and glass products, announced today that it will supply the high performance insulating glass for InnovisionTM Windows, a new line of residential and commercial-grade fiberglass windows introduced last week by Owens Corning, Inc., the world’s leading manufacturer of fiberglass insulation and building materials. Southwall Insulating Glass, a joint venture company formed by...

Carbon-neutral home building is a new and growing trend in sustainability, where more efficient building design, innovative technology and strategic locations can be combined to reduce carbon emissions — the leading cause of greenhouse gases. A significant part of achieving this goal in the construction of such homes is ensuring that each building product installed has the maximum amount of sustainable attributes. Such is the case with the Carbon...

Metabolix, Inc. announced that Bioverse, a developer of natural products to assist bioremediation of commercial and residential water features, has contracted to purchase injection molding-grade Mirel™ bioplastic resin. It will be used for producing a new biodegradable version of its AquaSphere PRO pond and lake treatment system for golf courses. The specific terms of the contract with Telles, the joint venture between Metabolix and Archer Daniels...

Towering over the Philadelphia skyline at an amazing 58 stories (975 feet), the city’s new Comcast Center is a high-performance sustainable building, with an abundance of features that will conserve energy and reduce impact on the environment. Designed to receive LEED® certification from the U.S. Green Building Council, Comcast Center uses 40 percent less water than the average office building, and the building’s water fixtures will save more...

Manitowoc recently unveiled three new GT series of truck cranes. The truck crane range will initially offer three models, ranging in capacities from 10t to 25 t. The cranes are: the GT-10, with a 10 t capacity; the GT-18, with an 18 t capacity; and the GT-25, with a 25 t capacity. The cranes are the first new models from the Manitowoc factory in Tai’an, China. Manitowoc created a joint venture, known as Manitowoc Dongyue, with Tai’an Dongyue Heavy...

Today, luminaries of Los Angeles politics, entertainment and business gathered to celebrate the rise of Hollywood’s newest star at the iconic corner of Hollywood & Vine: the W Hollywood Hotel & Residences. The “topping out” ceremony offered a dramatic preview of the property in true Hollywood style; complete with aerial acrobats, streaming banners, plenty of cameras and a clear message: Get ready for the excitement coming in November...