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Homebuilder News

Fiber Cement Siding Demand to Exceed 2 Billion Square Feet in 2022
May 21, 2018 (Investorideas.com Newswire) Demand for fiber cement siding is forecast to grow 3.3% per year to 2.1 billion square feet in 2022.

Outdoor Lighting Fixture Demand to Grow 6.7% Annually Through 2022
May 21, 2018 (Investorideas.com Newswire) Demand for outdoor fixtures is expected to increase 6.7% per year to $5.5 billion in 2022.

Legalshield Law Index Points To Rise In Home Construction, But Trade Conflicts Are Driving Up The Cost Of Materials
ADA, OKLAHOMA - May 8, 2018 (Investorideas.com Newswire) Released today, the LegalShield Housing Activity Index, a leading indicator of housing starts and a component of the broader LegalShield Law Index, suggests there is reason for optimism about increasing housing construction momentum this year

Demand for Reactive Adhesives and Sealants to Reach 1.3 Billion Pounds in 2022
May 2, 2018 (Investorideas.com Newswire) Demand for reactive adhesives and sealants is projected to rise 3.0% per year to 1.3 billion pounds in 2022, valued at $4.8 billion. The leading reactive adhesive and sealant chemistries are silicones, polyurethanes, epoxies, and polysulfides.

Atrium Mortgage Investment Corporation (TSX: AI) Announces May 2018 Dividend
Toronto, Ontario - May 1, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of May 2018 of $0.075 per common share, to be paid June 12, 2018 to shareholders of record May 31, 2018.

Gardening Hand Tool Sales to Reach $738 Million in 2022
April 30, 2018 (Investorideas.com Newswire) Demand for gardening hand tools totaled $654 million in 2017, increasing only 0.6% annually between 2012 and 2017.

Cooling Systems Stock Now in Position to Take Off Higher
April 19, 2018 (Investorideas.com Newswire) Clive Maund provides a technical analysis on an energy efficiency company that he believes is a buy.

Wood Moulding and Trim Demand to Grow 3.7% Annually Through 2022
April 16, 2018 (Investorideas.com Newswire) Interior moulding is expected to continue to account for the majority of wood moulding and trim.

Legalshield Index: Housing Market Poised For Rebound - But Potential Tariff Battle And Rising Interest Rates Could Weaken Construction Investment
ADA, OKLAHOMA - April 9, 2018 (Investorideas.com Newswire) Released today, the LegalShield Housing Activity Index, a leading indicator of housing starts and a component of the broader LegalShield Law Index, ticked down in March, but remains up 2.8 percent compared to a year ago, suggesting there is reason for optimism regarding housing construction momentum in 2018.

Investing in the Modern Age
April 6, 2018 (Investorideas.com Newswire) A while back if you asked people about investing, it was assumed you were into property or stocks/bonds.

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Construction and Materials News from Globe Newswire

Primoris Services Corporation Announces Petrochemical Award Valued Over $27 Million

DALLAS, May 24, 2018 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select:PRIM) (“Primoris” or “Company”) today announced a new award with a major petrochemical customer valued over $27 million.  The contract was jointly secured by four Primoris business units: Primoris I&M and Primoris Heavy Civil, both part of the Civil segment, and Primoris Industrial Contractors and Primoris Fabrication, both part of the Power, Industrial, and Engineering segment.

  • The award is for civil and industrial work at a new petrochemical plant at an existing industrial complex in southern Louisiana.
  • The work includes clearing/grubbing, earthwork, limestone surfacing, concrete roadway paving, cooling water piping, firewater piping, and storm drain piping.
  • Work is scheduled to commence in the second quarter of 2018 and is estimated to be completed in the first quarter of 2019.

ABOUT PRIMORIS
Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the largest publicly traded specialty construction and infrastructure companies in the United States. Serving diverse end-markets, Primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation, and other customers. Growing both organically and through acquisitions, the Company’s national footprint now extends nearly nationwide and into Canada. For additional information, please visit www.prim.com.

FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements, including with regard to the Company’s future performance. Words such as "estimated," "believes," "expects," "projects," “may,” and "future" or similar expressions are intended to identify forward-looking statements.  Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, including without limitation, those described in this press release and those detailed in the "Risk Factors" section and other portions of our Annual Report on Form 10-K for the period ended December 31, 2017, and other filings with the Securities and Exchange Commission.  Given these uncertainties, you should not place undue reliance on forward-looking statements.  Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Company Contact                                                                                              
Kate Tholking
Director of Investor Relations
(214) 740-5615
ktholking@prim.com

REDI to emphasise experiences of relevance through art

SRV GROUP PLC     PRESS RELEASE    24 MAY 2018, 11:00 AM

REDI to emphasise experiences of relevance through art

The REDI shopping centre, implemented by SRV at Kalasatama in Helsinki, will have a significant amount of art located in a public urban space. The art is aimed at making the urban, compact and highly built-up environment particularly relevant to the residents of the REDI tower buildings, shopping centre visitors, passers-by and other inhabitants of the Kalasatama area.

Finland’s growth centres are becoming more compact at an accelerating rate. Finland therefore needs pathfinders who are able to plan and build urban, high-rise cities whose residents experience them as relevant.

“REDI is becoming Finland’s most urban city centre, and our task in SRV is to serve its future users and residents. By developing urban centres, we want to provide the best customer experience. A significant amount of art located in a public urban space will therefore be implemented at REDI. We don’t only wish to build a good environment, we also seek to stimulate debate on how to create it,” says SRV’s Deputy CEO, Timo Nieminen.

Art coordination has already, during the planning phase, brought the creators of art works into traditional construction industry working groups. In addition to its aesthetic value, the role of art as a creator of the overall maritime, urban and industrial experience of the area has been taken into account in art coordination, as has the value of art when used as part of the urban environment.

“At best, the urban space acknowledges its history – it is unique and relevant to its users. This means that people are able to orient themselves in the area, experience it as their own, and can feel extraordinary enthusiasm and pride about it. In a successful city, you don’t need to visit an art gallery or art museum to obtain stimulation, enjoyment, elation, insights and heightened experiences,” says Nieminen.

The scale of art in the REDI area will vary. Alongside exceptionally large, urban-scale permanent works, project-oriented, temporary, communal and, for example, light-installation works and experiences have been, and will be, brought to REDI. The task of all of them will be, in different ways, to create good feeling, joy and understanding.

As part of the overall plan, Finland’s largest mobiles, created by artist Jenni Rope, have already been completed and installed at Kalasatama’s Health and Wellbeing Centre. Coming up next will be a ventilation duct converted into a Whalefish (Valaskala) by Architectural Office Maisema, Architectural Office HLP and sculptor Pertti Kukkonen, which will be located in front of the urban centre; a 180-metre Helsinki-theme painting by artist Silja Rantanen, which will be located on the Baana cycle path; paintings by graphic artist EGS in the parking cave system; and a partly communal work by the internationally renowned ceramic artist Heini Riitahuhta, at the first to be completed residential tower. Sculptor Hans Christian Berg’s Nereids, the winning submission to an international invited competition, will be completed in front of the urban centre in September 2018.


For further information, please contact:
Timo Nieminen, Deputy CEO, SRV, tel. +358 400 424 552, timo.nieminen@srv.fi
Heli Pulkkinen, Communications Specialist, REDI by SRV, tel. +358 50 411 0787, heli.pulkkinen@srv.fi


REDI in brief
REDI, implemented by SRV at Kalasatama, Helsinki, will comprise the inner city’s largest shopping and experience centre as well as eight tower buildings. The elevator shafts and stairwells of the eight towers have been built simultaneously with the frame of the parking facility and shopping centre, all the way to the shopping centre’s roof level. In total, around 2,000 apartments will be completed in the REDI towers in the coming years. Below the centre will be a 2,000-space parking facility, usable by both the towers’ residents and the shopping centre’s customers. Construction work at REDI, Finland’s largest urban construction project, was launched in spring 2015 and is expected to continue until 2023.
 

The REDI shopping centre will open in autumn 2018 and Majakka, the first of the tower buildings to be completed, will receive its first residents in spring 2019. The remaining tower buildings will be completed in stages by 2023. Construction of REDI’s second tower building, Loisto, is due to begin in summer 2018.

www.srv.fi

www.redi.fi

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SRV – Building for life

Veidekke ASA: MANDATORY NOTIFICATION OF TRADE


On 23 May 2018 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 60 000 Veidekke shares at a price of NOK 92.1353 each. The Trust now holds 643 976 shares.

The shares will be resold to employees in Veidekke in the share purchase offer for executives in May 2018, see notification of 14 May 2018.


This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

VINCI : Implementation of the share buyback programme

Rueil Malmaison, 24 May 2018

Implementation of the share buyback programme

As part of the implementation of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 23 May 2018.

According to the agreement, the investment services provider will sell to VINCI no later than 27 June 2018, up to €150 million worth of VINCI shares at an average price per share determined based on the market prices observed during the entire duration of the agreement, with a guaranteed discount.  This price cannot exceed the maximum purchase price set by the VINCI Ordinary and Extraordinary Shareholders' Meeting.

About VINCI
VINCI is a global player in concessions and construction, employing more than 183,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.
www.vinci.com

PRESS CONTACT

VINCI Press Department

Tel.: +33 1 47 16 31 82

Media.relations@vinci.com

Attachment

Construction contract (HTR commercial and office building)

A consortium of Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company, and Mapri Ehitus OÜ entered into a contract with HTR Support OÜ for the design and construction of a 4-storey commercial and office building in Sepa 19, Tartu. The building will have 3,138 m² of net space.

The value of the contract is 4.43 million euros plus value added tax. The construction works will be completed in April 2019.

Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine, Finland and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2017 was 231 million euros. Currently Nordecon Group employs close to 700 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com
www.nordecon.com

Subscribe to Construction and Materials News

Real Estate News from Globe Newswire

Primoris Services Corporation Announces Petrochemical Award Valued Over $27 Million

DALLAS, May 24, 2018 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select:PRIM) (“Primoris” or “Company”) today announced a new award with a major petrochemical customer valued over $27 million.  The contract was jointly secured by four Primoris business units: Primoris I&M and Primoris Heavy Civil, both part of the Civil segment, and Primoris Industrial Contractors and Primoris Fabrication, both part of the Power, Industrial, and Engineering segment.

  • The award is for civil and industrial work at a new petrochemical plant at an existing industrial complex in southern Louisiana.
  • The work includes clearing/grubbing, earthwork, limestone surfacing, concrete roadway paving, cooling water piping, firewater piping, and storm drain piping.
  • Work is scheduled to commence in the second quarter of 2018 and is estimated to be completed in the first quarter of 2019.

ABOUT PRIMORIS
Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the largest publicly traded specialty construction and infrastructure companies in the United States. Serving diverse end-markets, Primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, state departments of transportation, and other customers. Growing both organically and through acquisitions, the Company’s national footprint now extends nearly nationwide and into Canada. For additional information, please visit www.prim.com.

FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements, including with regard to the Company’s future performance. Words such as "estimated," "believes," "expects," "projects," “may,” and "future" or similar expressions are intended to identify forward-looking statements.  Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, including without limitation, those described in this press release and those detailed in the "Risk Factors" section and other portions of our Annual Report on Form 10-K for the period ended December 31, 2017, and other filings with the Securities and Exchange Commission.  Given these uncertainties, you should not place undue reliance on forward-looking statements.  Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Company Contact                                                                                              
Kate Tholking
Director of Investor Relations
(214) 740-5615
ktholking@prim.com

REDI to emphasise experiences of relevance through art

SRV GROUP PLC     PRESS RELEASE    24 MAY 2018, 11:00 AM

REDI to emphasise experiences of relevance through art

The REDI shopping centre, implemented by SRV at Kalasatama in Helsinki, will have a significant amount of art located in a public urban space. The art is aimed at making the urban, compact and highly built-up environment particularly relevant to the residents of the REDI tower buildings, shopping centre visitors, passers-by and other inhabitants of the Kalasatama area.

Finland’s growth centres are becoming more compact at an accelerating rate. Finland therefore needs pathfinders who are able to plan and build urban, high-rise cities whose residents experience them as relevant.

“REDI is becoming Finland’s most urban city centre, and our task in SRV is to serve its future users and residents. By developing urban centres, we want to provide the best customer experience. A significant amount of art located in a public urban space will therefore be implemented at REDI. We don’t only wish to build a good environment, we also seek to stimulate debate on how to create it,” says SRV’s Deputy CEO, Timo Nieminen.

Art coordination has already, during the planning phase, brought the creators of art works into traditional construction industry working groups. In addition to its aesthetic value, the role of art as a creator of the overall maritime, urban and industrial experience of the area has been taken into account in art coordination, as has the value of art when used as part of the urban environment.

“At best, the urban space acknowledges its history – it is unique and relevant to its users. This means that people are able to orient themselves in the area, experience it as their own, and can feel extraordinary enthusiasm and pride about it. In a successful city, you don’t need to visit an art gallery or art museum to obtain stimulation, enjoyment, elation, insights and heightened experiences,” says Nieminen.

The scale of art in the REDI area will vary. Alongside exceptionally large, urban-scale permanent works, project-oriented, temporary, communal and, for example, light-installation works and experiences have been, and will be, brought to REDI. The task of all of them will be, in different ways, to create good feeling, joy and understanding.

As part of the overall plan, Finland’s largest mobiles, created by artist Jenni Rope, have already been completed and installed at Kalasatama’s Health and Wellbeing Centre. Coming up next will be a ventilation duct converted into a Whalefish (Valaskala) by Architectural Office Maisema, Architectural Office HLP and sculptor Pertti Kukkonen, which will be located in front of the urban centre; a 180-metre Helsinki-theme painting by artist Silja Rantanen, which will be located on the Baana cycle path; paintings by graphic artist EGS in the parking cave system; and a partly communal work by the internationally renowned ceramic artist Heini Riitahuhta, at the first to be completed residential tower. Sculptor Hans Christian Berg’s Nereids, the winning submission to an international invited competition, will be completed in front of the urban centre in September 2018.


For further information, please contact:
Timo Nieminen, Deputy CEO, SRV, tel. +358 400 424 552, timo.nieminen@srv.fi
Heli Pulkkinen, Communications Specialist, REDI by SRV, tel. +358 50 411 0787, heli.pulkkinen@srv.fi


REDI in brief
REDI, implemented by SRV at Kalasatama, Helsinki, will comprise the inner city’s largest shopping and experience centre as well as eight tower buildings. The elevator shafts and stairwells of the eight towers have been built simultaneously with the frame of the parking facility and shopping centre, all the way to the shopping centre’s roof level. In total, around 2,000 apartments will be completed in the REDI towers in the coming years. Below the centre will be a 2,000-space parking facility, usable by both the towers’ residents and the shopping centre’s customers. Construction work at REDI, Finland’s largest urban construction project, was launched in spring 2015 and is expected to continue until 2023.
 

The REDI shopping centre will open in autumn 2018 and Majakka, the first of the tower buildings to be completed, will receive its first residents in spring 2019. The remaining tower buildings will be completed in stages by 2023. Construction of REDI’s second tower building, Loisto, is due to begin in summer 2018.

www.srv.fi

www.redi.fi

You can also find us in the social media:
Facebook   LinkedIn   Twitter   Instagram

SRV – Building for life

Veidekke ASA: MANDATORY NOTIFICATION OF TRADE


On 23 May 2018 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 60 000 Veidekke shares at a price of NOK 92.1353 each. The Trust now holds 643 976 shares.

The shares will be resold to employees in Veidekke in the share purchase offer for executives in May 2018, see notification of 14 May 2018.


This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

VINCI : Implementation of the share buyback programme

Rueil Malmaison, 24 May 2018

Implementation of the share buyback programme

As part of the implementation of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 23 May 2018.

According to the agreement, the investment services provider will sell to VINCI no later than 27 June 2018, up to €150 million worth of VINCI shares at an average price per share determined based on the market prices observed during the entire duration of the agreement, with a guaranteed discount.  This price cannot exceed the maximum purchase price set by the VINCI Ordinary and Extraordinary Shareholders' Meeting.

About VINCI
VINCI is a global player in concessions and construction, employing more than 183,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.
www.vinci.com

PRESS CONTACT

VINCI Press Department

Tel.: +33 1 47 16 31 82

Media.relations@vinci.com

Attachment

Construction contract (HTR commercial and office building)

A consortium of Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company, and Mapri Ehitus OÜ entered into a contract with HTR Support OÜ for the design and construction of a 4-storey commercial and office building in Sepa 19, Tartu. The building will have 3,138 m² of net space.

The value of the contract is 4.43 million euros plus value added tax. The construction works will be completed in April 2019.

Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Ukraine, Finland and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2017 was 231 million euros. Currently Nordecon Group employs close to 700 people. Since 18 May 2006 the company's shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com
www.nordecon.com

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Homebuilder Stocks Directory Preview

ABB Ltd. ( NYSE:ABB ), ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in some 100 countries and employs approximately 120,000 people. In Canada ( www.abb.ca ), ABB employs over 2,000 people in 26 locations from coast to coast.

Abbey plc ( LSE:ABBY.L ) main activities are residential housing developments in the UK, Ireland and Prague.

Acciona SA ( OTC:ACXIF ; MCE:ANA.MC ) is one of the foremost Spanish business corporations, leader in the development and management of infrastructure, renewable energy, water and services. ACCIONA Construction is at the forefront in R&D+ and one of the leading construction companies in the world, using the latest techniques to carry out projects. ACCIONA Construction covers the whole range of construction , from engineering to the performance of works and their later maintenance, and also the management of public works concessions, particularly in the field of transport and social infrastructures.

Acuity Brands, Inc., ( NYSE:AYI ) is a North American market leader and one of the world`s leading providers of luminaires, lighting control systems and related products and services with fiscal year 2010 net sales of over $1.6 billion. The Company`s lighting and system control product lines include Lithonia Lighting®, Holophane®, Peerless®, Mark Architectural Lighting(TM), Hydrel®, American Electric Lighting®, Gotham®, Carandini®, RELOC®, Antique Street Lamps(TM), Tersen®, Winona® Lighting, Syner­gy® Lighting Controls, Sensor Switch®, Lighting Control & Design(TM), Dark to Light®, ROAM®, Sunoptics®,  acculampTM) and Healthcare Lighting®. Headquartered in Atlanta, Georgia, Acuity Brands employs ap­proximately 6,000 associates and has operations throughout North America, Europe and Asia.

AECOM Technology Corporation ( NYSE:ACM ) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.1 billion during its fiscal year 2009.

Aecon Group Inc. ( TSX:ARE.TO ) As the largest publicly traded construction and infrastructure development company in Canada, our expertise covers the full range of services, including design and construction, financing, operating, procurement and project management.

Aerofoam Metals Inc. ( OTCPK:AFML ) under the brand Aerometal, manufactures foamed aluminum products for applications in automotive, defense, and aerospace industries.

Alumasc Group plc ( LSE:ALU.L ) is a UK based supplier of premium building and precision engineering products. The majority of the group's business is in the area of sustainable building products which enable customers to manage energy and water use in the built environment. We believe that growth rates in these sectors, through the construction cycle, will exceed UK industry averages.

AMCOL International Corporation ( NYSE:ACO ) produces and markets a wide range of specialty minerals and materials used for industrial, environmental and consumer-related applications. AMCOL operates four primary segments: Minerals & Materials, Environmental, Oilfield Services and Transportation, providing a diverse range of products and services. Major markets served include metalcasting, detergents, pet products, building materials and personal care.

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