Despite Economy, Study Reveals Greening of Building Portfolios Remains a Priority for Commercial Real Estate Industry

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... 

PGA TOUR Star, Course Designer Brad Faxon to Advocate Benefits of Axion Golfs Green Building Materials for Bridges, Walkways

Axion Golf — a division of Axion International Holdings Inc. and provider of the company’s 100-percent “green” materials for building golf-course bridges and walkways — today announces PGA TOUR star and accomplished course designer Brad Faxon will promote its products as company advisor. A 25-year TOUR veteran with eight victories and two Ryder Cup appearances, Faxon will help market Axion’s environmentally sound,... 

Project FROG, Makers of Smart Building Systems, Closes Series B Funding with RockPort Capital Partners

San Francisco-based Project FROG®, a smart building start-up, announced today that it has closed an $8M Series B financing led by RockPort Capital Partners. The financing will enable the company to accelerate the product development and sales of its cutting edge, high performance building products and systems. “RockPort has a very impressive track record and we are excited to have them join the FROG team,” said founder and CEO Mark Miller. “Their... 

Owens Corning Increases Recycled Content in PINK Fiberglas(TM) Insulation to 40 Percent

At the Greenbuild International Conference and Expo in Boston, Mass., Owens Corning announced it has increased the certified recycled content in its flagship PINK Fiberglas(TM) insulation to a minimum of 40 percent. At this level of recycled content, the amount of waste glass diverted from landfills could form a two-lane glass highway that extends 1.3 times around the world(1). The certification, supplied by leading, independent third-party certifier... 

MMFX Technologies Corporation Starts Mill and Completes Institutional Funding

MMFX Technologies Corporation, an Irvine-based materials science company, announces completion of a $55 million commitment in secured debt financing and receipt of final funding that was contingent upon the startup of its Welland, Ontario, Canada steel mill facility. MMFX had previously received $27 million of the financing. Axiom Capital Management Inc. acted as the procuring agent for the transaction. MMFX Steel of Canada opened ahead of schedule... 

Deep Down Announces 140% Increase in Revenues for the Third Quarter

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... 

Dowdey, Anderson & Associates, Inc. Chooses Silver Peak Systems for WAN Acceleration

Silver Peak Systems, the leader in scalable Wide Area Network (WAN) acceleration, announced that Dowdey, Anderson & Associates, Inc. (DAA), the leading civil engineering firm based in Dallas, selected Silver Peak NX appliances to improve the performance of AutoCAD 2D designs and 3D models across the WAN. DAA is leveraging Silver Peak’s unique network optimization capabilities to improve collaboration among employees and save bandwidth costs... 

IBT Holdings Honored by Women Presidents Organization and Entrepreneur Magazine

The Women Presidents’ Organization (WPO) and Entrepreneur Magazine have announced that IBT Holdings has been named one of the Top 50 fastest-growing women-owned/led privately-owned businesses in North America. Comprised of IBT Enterprises, Design Build Concepts and International Banking Technologies, IBT Holdings offers the complete continuum of solutions for the financial services and specialty retail industries. IBT Holdings companies provide... 

Technology and Environmental Leaders Unite to Call for National Strategy on Economy, Energy and Environment

Technology and environmental leaders announced a new initiative to develop a national strategy for information and communications technologies (ICT) to improve the energy efficiency of the economy. The Digital Energy Solutions Campaign is made up of leading technology companies and organizations as well as environmental and energy conservation groups working on energy efficiency initiatives. The Campaign will work with the incoming Obama Administration... 

White Paper Recommends 22 Ways Building Designers and Contractors Can Fight Climate Change

Green Buildings + Climate Change,” a 64-page White Paper from Building Design+Construction magazine (http://www.bdcnetwork.com), offers 22 action items that architects, building engineers, contractors, homebuilders, building owners, and real estate developers can take to save energy and reduce greenhouse gas emissions. Buildings account for about 70% of electricity use, about 40% of primary energy consumption, and 40% of carbon emissions in developed...