Tag: Raises
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IPAF raises concerns over high-risk ‘transport systems’
According to IPAF, certain construction hoist manufacturers are marketing equipment, described as ‘transport systems’ or other similar terminology, that look like transport platforms, but with operating speeds and passenger capacities that exceed the limits set for a transport platform in the European standard EN 16719. View the original article and our Inspiration here
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Poettker Golf Classic Raises $61K for Big Brothers Big Sisters
The Poettker Annual Golf Classic, presented by Poettker Construction and Poettker Industrial Services, raised $61,000 benefiting Big Brothers Big Sisters of Southwestern Illinois (BBBSIL). The golf classic was held Friday, July 25, 2025, at Roland Barkau Memorial Golf Course in Okawville, Ill. Just surpassing its 12th year, Poettker’s annual golf classic has raised over $400,000…
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Stanley Black & Decker raises prices to mitigate tariff impacts
Revenue: $3.7B Down 3% year over year Net Earnings: $90.4 million Up nearly 4x YoY EPS: 60 cents Versus 13 cents YoY Dive Brief: Stanley Black & Decker is raising its prices and retooling its supply chain to mitigate tariff impacts, executives said on an April 30 earnings call. The tools manufacturer…
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viAct Raises $7.3 M in Series A Funding to Expand AI-Powered Safety Solutions
Safety AI startup viAct has announced the successful closure of a US$7.3 million Series A funding round. The round was led by Venturewave Capital, an Irish impact investing firm, with participation from Singtel Innov8, Korea Investment Partners, and PolyU Entrepreneurship Investment Fund. viAct is an AI company dedicated to enhancing safety and efficiency in high-risk…
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Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
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Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
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Equipment Rental Raises the Bar on Electric Offerings
For the past few years, electrification of rental equipment has been part of a larger discussion on greener ways of operation to meet stricter emissions regulations, follow environmentally friendly practices, and keep up with an increasing industry demand for such equipment. Companies offering electric equipment rental offerings are noting an uptick in the demand for…
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CIM Program Raises Over $2 Million at WOC 2025
The 2025 World of Concrete (WOC) tradeshow has come to an end but the amount of good the show was able to do is still being felt. At WOC, the Concrete Industry Management (CIM) program held a live auction and a silent auction. Many companies and organizations donated equipment and materials, as well as monetary…
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AI-Powered Construction Material Procurement App Raises $4.65M
Field Materials says it is the world’s first material-purchasing software powered by AI. The startup has now raised a $4.65 million seed round. Founders Eldar Sadikov and Victor Gane are Stanford-educated serial entrepreneurs. They sold their previous company to PayPal in 2018 and have backgrounds in AI, payments, e-commerce, and construction. Blumberg Capital leads the…
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DigiBuild Raises $4M Seed Round to Fix Construction Supply Chains
Construction is one of the largest and oldest markets in the world. Projects involve many stakeholders that bear significant costs and risks. McKinsey estimates that the average construction project is 80% over budget and 20 months behind schedule. Supply chain and material management issues are the number one reason for that failure. Moreover, according to…