Veolia Energy North America, a leader in sustainable energy services and facility operations and management solutions, is pleased to announce that it has entered into an agreement with MultiLayer Coating Technologies, LLC (MCT) to manage an on-site thermal energy plant at MCT’s newly acquired manufacturing facility in New Bedford, Massachusetts. Veolia Energy will also be providing energy procurement services to MCT. “In today’s market, industrial...
McGraw-Hill Construction, part of The McGraw-Hill Companies, has released its latest SmartMarket Report, Commercial and Institutional Green Building. Key findings from the report, which covers market activity, key triggers and obstacles, show an increase in the perceived value of green building among architects, engineering firms, contractors and owners over the last three years, especially as related to financial benefits: — Decreases of...
Carrier Corp., the world’s largest provider of heating, ventilation, air-conditioning and refrigeration solutions, and a unit of United Technologies Corp. has acquired Noresco, a leading independent energy services company. The acquisition was completed on Nov. 20. Terms of the deal were not disclosed. Established in 1984, Noresco has implemented thousands of efficiency and infrastructure upgrade projects that reduced energy and water consumption...
Veolia Energy North America, a leader in sustainable energy services and facility operations and management solutions, is pleased to announce that it has entered into an agreement with MultiLayer Coating Technologies, LLC (MCT) to manage an on-site thermal energy plant at MCT’s newly acquired manufacturing facility in New Bedford, Massachusetts. Veolia Energy will also be providing energy procurement services to MCT. “In today’s market, industrial...
The Shaw Group Inc. (NYSE: SGR) announced its Environmental & Infrastructure Group has been awarded an indefinite delivery/indefinite quantity contract for architect-engineering services by the U.S. Postal Service (USPS). The value of Shaw’s contract, which will be included in the company’s first quarter fiscal 2009 backlog of unfilled orders, was not disclosed. Under the contract, Shaw will perform investigative surveys, as well as...
Citi Foundation awarded Enterprise Community Partners a $500,000 grant in support of its Green Communities ® initiative, the largest effort in the U.S. to bring the benefits of green building to low-income people. The grant will support the continued growth and expansion of Green Communities by enabling Enterprise to create more green affordable developments, deepen technical support in improving building energy performance and tap the emerging...
Despite a faltering economy, commercial building owners are continuing to allocate funds and resources to green their portfolios. According to the “2008 Green Survey: Existing Buildings,” the second annual national survey of the commercial real estate sector, more than 80 percent of respondents have allocated funds to green initiatives this year. In addition, 45 percent said that their sustainability investment will increase in 2009. Findings...
A growing number of companies are seeking the benefits of “green cleaning” as a way to enhance employee health and productivity and to have a positive impact on the environment, according to ABM Industries Incorporated, one of the United States’ leading facility services contractors. The need for green cleaning is acute: According to the Environmental Protection Agency, Americans on average spend 90 percent of their time indoors – and poor...
Despite the concerns about the availability of credit, 75% of the commercial real estate executives surveyed said they would not be any less likely to construct “green” buildings. Green buildings are designed to be more efficient in their use of energy, water and other resources and to create better environments for occupants. In total, 754 commercial real estate executives were surveyed for Turner Construction Company’s 2008 Green...
Deep Down, Inc. announced unaudited results for the three months and nine months ended September 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission. Revenue for the three months ended September 30, 2008 increased $6.8 million to $11.7 million, a 140% increase over the same three-month period in 2007. The increase in revenue included $8.5 million from the acquisitions of Mako and Flotation, while our historical service lines...