Tag: Strategic
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Navigating Transit Tariffs: Strategic Solutions for Agencies
In recent years, the landscape of public transit has been significantly influenced by various economic factors, and now these include tariffs. These tariffs, imposed on imported goods, are expected to lead to increased costs for hardware components essential to transit operations. As transit agencies deal with these financial challenges, it is important to develop a…
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Ankrom Moisan Boosts Team with 19 Strategic Promotions
Ankrom Moisan, a leading architecture, interior design, brand, and planning firm, is pleased to announce the promotion of 19 team members, who have demonstrated a strong commitment to designing smarter and going beyond for their clients and communities. The recent elevations include the appointment of five associates, seven senior associates, one associate principal, four principals,…
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Republic Companies & T.F. Ehrhart Announce Strategic Merger
Republic Companies, a leading HVAC and electrical distributor with 108 years of industry experience, and T.F. Ehrhart, a premier HVAC distributor with a 73-year legacy, are pleased to announce their merger. This strategic move unites two industry leaders, strengthening their market position and enhancing service offerings for contractors, technicians, and trade professionals across the Midwest.3…
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Strategic Implementation of AI in AEC
In this episode of the AI AEC Show, host Aarni Heiskanen welcomes Dr. Sam Zolfagharian, co-founder and president of YegaTech, a consulting firm focused on AI strategies for the AEC industry. Dr. Zolfagharian shares her background in structural engineering and her journey into the world of AI. She discusses her firsthand experiences on construction sites,…
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Why Strategic Action is Construction’s Strongest Ally in 2025
In what appears to be a continuation of the previous year’s performance, the construction industry continued to see either growth or stability in all of its sectors. Anchored by a large thrust in the residential sector once again, businesses largely flourished. Most organizations have seen stability in both profitability and the competitive landscape, according to…
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OpenSpace Expands Its Strategic Capital to $111M
OpenSpace, a 360° construction jobsite capture and AI-powered analytics company, has announced US$9M in additional strategic capital for its Series D round. The latest funding brings the total capital raised to US$111M. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners. OpenSpace will use the to continue scaling the business and developing additional AI-powered…
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Prescient Announces a $190 Million Strategic Investment
Prescient’s game-changing digital design-build platform is increasing returns on investments across the entire development, construction, and operating value chain. The platform provides an efficient, integrated, and transparent approach for advanced professionals who plan, design, and build multi-family housing and hospitality structures. Prescient announced it has closed a $190 million strategic investment and bonding support led…