Construction & Property News

TOKYO--(BUSINESS WIRE)--LogProstyle Inc. Announces Pricing of $10 Million Initial Public Offering of Japanese Common Shares and Listing on NYSE American....

IRVING, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (“DB2RE”) is pleased to announce the successful sale of 1600 E. Airport Freeway, a premier low-coverage industrial service facility in Irving, Texas. The property, which consists of two buildings totaling 20,800 square feet on 4.08 paved acres, was sold by Clay Cooley to Ambient Capital. DB2RE’s David Guinn represented the seller in the transaction. The property was directly acquired by Ambient Capital, which recognized the investment o...

MILWAUKEE--(BUSINESS WIRE)--Zurn Elkay Water Solutions (NYSE: ZWS) announced today it has earned the 2025 Top Workplaces USA award, issued by Energage and USA Today. Top Workplaces USA celebrates organizations that have built great cultures, and winners are chosen solely based on employee feedback gathered through an employee engagement survey issued by Energage. “We are focused on making Zurn Elkay Water Solutions a company where people want to grow their careers and thrive,” said Todd A. Adam...

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of ASC Warehouse to Private Investors. The acquisition closed March 7, 2025. Located in Bluffdale, Utah, ASC Warehouse is a trusted supplier of high-quality new, remanufactured, and used diesel engine parts for a wide range of industries, including transportation, construction, and agriculture. With a focus on affordability and reliability,...

TROY, Mich.--(BUSINESS WIRE)--Champion Homes, Inc. (“Champion Homes”) celebrated the grand opening of a new Champion-exclusive manufactured housing development helping to address the affordable housing shortage in Florida. Twin Lakes at Avon Park, a community of more than 300 affordable homes for rent or purchase, had its official grand opening on Mar. 22, 2025, in Avon Park, Fla. Residents have already started moving into their homes, and the community is currently accepting applications. All...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a large(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The Johan Sverdrup field, which originally began production in 2019, is now one of the largest developments in the region. This latest phase will increase production by tying in additional wells to the current infrastructure, which is powered...

LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today reported results for its first quarter ended February 28, 2025. “Consumers are working through affordability concerns and uncertainties related to macroeconomic and geopolitical issues, which are causing them to move slowly in their homebuying decisions,” said Jeffrey Mezger, Chairman and Chief Executive Officer. “Demand at the start of this Spring’s selling season was more muted than what we have seen historically, despite a healthy level...

LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today announced that it has appointed Robert R. Dillard as the Company’s Executive Vice President and Chief Financial Officer, effective March 31, 2025. Most recently, Mr. Dillard was the Chief Financial Officer at Sonoco Products Company (NYSE: SON), a packaging and industrial products company, with 2024 net sales of $5.3 billion. Previously, he was the President of Domtar Personal Care Europe, a division of Domtar Corporation, and the Presiden...

BREMERTON, Wash.--(BUSINESS WIRE)--Tessera is proud to unveil its new name and brand redesign, marking a bold step toward the future of workforce excellence. Skookum, long recognized as a leader in facility management, manufacturing, warehousing, and vehicle maintenance, is now Tessera. While the company’s name has changed, its purpose of creating opportunities for people with disabilities and commitment to integrity, partnership, and inclusion remain as strong as ever. For more than 36 years,...

OMAHA, Neb.--(BUSINESS WIRE)--(BRK.A; BRK.B) – Berkshire Hathaway Inc. is pleased to announce that an employee of FlightSafety International Inc. is the winner of Berkshire’s 2025 Bracket Contest. The contest winner will be receiving the winning prize of $1,000,000 as a result of correctly picking the winners of 31 out of 32 games of the NCAA Men’s Basketball Tournament that were completed last Thursday and Friday. The winner of the contest along with eleven other Berkshire subsidiary employee...