Corporate/Finance: Page 8


  • A staffer at the Hotel Trio Healdsburg places drinks within a Relay robot.
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    Retrieved from Relay Robotics on July 31, 2023
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    Robot butlers take over hotel deliveries

    Relay Robotics CEO Michael O’Donnell said the company is in “full-on growth mode” as hotels turn to robots for assistance with making deliveries.

    By Noelle Mateer • Aug. 1, 2023
  • The Ohio Statehouse, located in Columbus, Ohio, is the house of government for the state of Ohio.
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    DenisTangneyJr/E+ via Getty Images
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    Federal government lags behind in facilities upgrades, maintenance

    Performing much-needed repairs and upgrading public spaces is key to retaining talent amid increasing return-to-office mandates, a JLL report says.

    By Aug. 1, 2023
  • Poor outdoor air quality affects indoor air quality, the effects of which can be mitigated only with an effective HVAC or filtering system.
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    Oleksandr Hruts via Getty Images
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    Opinion

    The air we breathe is changing. Here’s how to improve it in your facilities.

    Measuring temperature, humidity, particles and gases is vital to mitigating the impact of poor outdoor air quality, says TSI Incorporated President Tom Kennedy.

    By Tom Kennedy • July 31, 2023
  • Stock image of two construction workers silhouetted against a window with construction cranes in the background.
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    lamontak590623 via Getty Images
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    In rebounding M&A market, HR needs a strategic approach to integrate workplace cultures

    Organizational culture has become a significant consideration for employees choosing where they want to work, and M&A can disrupt that, a new McLean report advises.

    By Laurel Kalser • July 28, 2023
  • The preventable wastage of about 30% of energy used in commercial buildings represents a loss of $57 billion a year, according to data from the U.S. Office of Energy Efficiency and Renewable Energy.
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    Joe Potato via Getty Images
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    Inovues, QEA Tech partnership aims to recoup over 50% of energy lost through building envelopes

    The deal is expected to help commercial building owners reduce energy consumption and slash greenhouse gas emissions.

    By July 27, 2023
  • Close up photo of a man in a suit.
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    Chip Somodevilla via Getty Images
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    SEC votes to overhaul disclosure rules for material cyber events

    After a fierce debate, the agency voted to require companies to come clean on material breaches and attacks within four business days of determination.

    By David Jones • July 26, 2023
  • A person with long hair is in profile, with binary code projected on their face
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    cottonbro studio via Pexels

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    Can AI make better hires? Maybe, experts say

    AI can make HR's job easier in a myriad of ways, according to a report from The Josh Bersin Company. The utility of AI in hiring, however, remains up for debate.

    By Caroline Colvin • July 26, 2023
  • U.S. Government Accountability Office
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    Federal agencies struggle with office utilization, excess space

    Officials noted that reconfiguration costs and uncertainty over in-office attendance policies are roadblocks to effective space utilization.

    By July 24, 2023
  • Aeroseal intends to channel its funds and its partnership with PEG to boost building energy efficiency and tackle the pervasive issue of leaky air ducts in new and existing buildings.
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    Alex Potemkin via Getty Images
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    Climate tech startup Aeroseal nets $67M

    The company said the funding, led by Climate Investment and Bill Gates’ Breakthrough Energy Ventures, will be used to seal leaky air ducts in about 260,000 buildings per year by 2026.

    By July 24, 2023
  • A brown stone building looms in a city background. It features partitioned windows, with brick and stone in-between.
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    Courtesy of Northwestern Mutual
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    Northwestern Mutual taps Gilbane, CG Schmidt for $500M office renovation

    The contractors have posted bid packages to renovate the 540,000-square-foot North Office Building at the insurance giant’s Milwaukee campus.

    By Matthew Thibault • July 24, 2023
  • A brown and white building with a green lawn and a red and white 3M sign in front of it on a clear and sunny day.
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    Courtesy of 3M.

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    3M plans South Dakota healthcare facility expansion for up to $468M

    The move comes as the chemical manufacturer plans a healthcare business spinoff by the end of 2023.

    By Sara Samora • July 21, 2023
  • Aerial view of blue photovoltaic solar panels mounted on industrial building roof for producing clean ecological electricity.
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    Bilanol via Getty Images
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    New York completes state’s largest rooftop solar project atop Medline distribution center

    Governor Hochul says the 7.2-megawatt community solar project is expected to power over 1,600 homes and reduce energy costs for both Medline and local residents.

    By July 21, 2023
  • A technician checks the air conditioning system, using a portable computer.
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    Alex Potemkin via Getty Images
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    HVAC manufacturer Modine adds high-efficiency heating and cooling systems to K-12 portfolio

    The new product line, slated to merge into the company’s distribution network, aims to help facilities managers install cost-efficient air systems.

    By July 21, 2023
  • An Amtrak train crosses a bridge from right to left leaving North Station in Boston.
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    Permission granted by Dan Zukowski
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    Amtrak looks to upgrade maintenance facilities in 4 major cities

    The rail company has issued Requests for Qualifications for Boston, New York City, Seattle and Washington, D.C., as part of a push to modernize facilities across 20 U.S. sites.

    By July 20, 2023
  • Envizi's single-platform interface is designed to streamline reporting processes and consolidate ESG data to boost sustainability, profitability, and operational efficiencies.
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    Joern Pollex via Getty Images
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    Digital Realty picks IBM software to elevate ESG performance

    IBM’s ESG suite is expected to accelerate sustainability goals through refined tracking, monitoring, analysis and reporting.

    By July 20, 2023
  • A sign labeled Pennsylvania College of Technology at one of the school's entrances.
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    Courtesy of Pennsylvania College of Technology
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    Feds award $2M to Penn College for workforce development

    The college will match the investment, creating a $4 million budget for initiatives such as construction to add capacity for worker training programs.

    By Megan Ruggles • July 19, 2023
  • More employees are being drawn back into offices with open-landscape settings and collaborative spaces gaining popularity among those who choose to come onsite to work.
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    Chip Somodevilla via Getty Images
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    Growing US office foot traffic drives surge in bookings through H1 ’23

    Data from a hybrid workplace experience outpost points to a 20% jump in total desk bookings amid increased office traffic.

    By July 19, 2023
  • Computer-generated image of creative office working space with plants.
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    alvarez via Getty Images
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    Johnson Controls buys FM:Systems to expand digital building capabilities

    The $455 million acquisition is expected to strengthen Johnson Controls’ OpenBlue platform and ramp up its net-zero building capabilities with workplace management software.

    By July 18, 2023
  • JPMorgan's building headquarters as seen on Madison Avenue in New York City.
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    Michael M. Santiago via Getty Images
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    JPMorgan transforms 27-year-old Polaris facility in Ohio into a smart building

    The 2-million-square-foot building’s renovations involved installing almost 40,000 rooftop and carport solar modules, and will help achieve a 40% decarbonization target by 2030.

    By July 17, 2023
  • Sign spelling Cushman & Wakefield
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    Permission granted by Cushman & Wakefield
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    Q&A

    C&W Services’ Life Science SVP: Labor consistency more important than dollar increase in wages

    Chisolm recently assumed a leadership role at Cushman & Wakefield Services to drive the development of the firm’s life sciences portfolio.

    By July 13, 2023
  • Getty graphics
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    Getty graphics via Getty Images
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    Fidelity Building Services snaps up ESC to meet sustainability demand

    The acquisition will become part of Fidelity Energy & Sustainability, guiding its foray into the thriving New England energy market.

    By July 13, 2023
  • The front of the General Services Administration headquarters
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    Douglas Rissing via Getty Images
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    GSA selects nZero to track carbon emissions across its federal building portfolio

    The company will provide real-time carbon management and accounting to help the federal government test novel and historical sustainability-focused building technologies.

    By July 12, 2023
  • LED 40W lightbulbs
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    Scott Olson via Getty Images
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    Colorado Clean Energy Fund launches low-interest financing for commercial LED upgrades

    The 3.45% interest rate financing, part of a partnership with the National Energy Improvement Fund, aims to entice commercial entities to upgrade their lighting systems.

    By July 11, 2023
  • An engineer checks the installation of  heat pump on a model house.
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    Leon Neal/Getty Images via Getty Images
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    Emcor bolsters energy efficiency operations with ECM acquisition

    The transaction brings specialized retrofit services and $60 million in estimated 2023 revenue to the engineering and construction company.

    By July 7, 2023
  • Downtown Los Angeles California skyline cityscape skyscrapers
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    dszc via Getty Images
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    JLL leans into collaborative owner, tenant relationships to decarbonize office portfolio

    The firm’s sustainability report found that due diligence was vital to gathering usage data, driving building sustainability efforts and earning green certifications.

    By July 6, 2023