Wednesday, March 28th, 2012
CONSTRUCTION NEWS: March 27, 2012 PASADENA, Calif., /PRNewswire via COMTEX/
Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was awarded a contract to provide Project Management Consulting (PMC) services for a new pipe rolling mill near Corpus Christi, Texas for Tianjin Pipe (Group) Corporation (TPCO), a global leader in the manufacture of seamless pipe.
Officials did not disclose the contract value; however estimated the total program value at around $1 billion.
Jacobs’s Houston and Shanghai operations are responsible for the Project Management Consulting services. Jacobs is expected to assist TPCO with the coordination and management of engineering, procurement, and construction for the mill thereby enhancing TPCO’s own internal capabilities and resources as well as those of its Chinese associate engineering company, Capital Engineering & Research Incorporation Limited (CERI). Engineering, procurement and construction of the new facility is expected to be a multinational endeavor, including professional services, materials and/or labor from, the United States, Europe and China.
The new manufacturing facility, located in Gregory, Texas near the Port of Corpus Christi, is scheduled to be delivered with phased completions between December 2012 and end of 2014. This project is TPCO’s first major mill in the United States.
In making the announcement, Jacobs Group Vice President Tom McDuffie stated, “We are very proud that TPCO has chosen Jacobs to provide project management consulting services for its first project in the U.S. This is a major investment in Texas and reflects the confidence in our reputation for successfully delivering large facilities anywhere in the world.”
Headquartered in Tianjin, China, TPCO has major manufacturing facilities in China and Indonesia and according to TPCO, has captured over 40 percent of China’s OCTG domestic market and exports to over 100 countries in Europe, Americas, Asia, Africa and Oceania.
Jacobs is one of the world’s largest and most diverse providers of technical, professional, and construction services.
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2011 Form 10-K, and in particular the discussions contained under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.
Tags: ARTISAN PARTNERS LIMITED PARTNERSHIP, BLAIR (WILLIAM) & COMPANY L.L.C., Construction News, Firemans Contractors, frcn, FRCN.ob, Jacobs Engineering, Jacobs Engineering Group NYSE JEC, JEC Jacobs Engineering, LORD ABBETT & CO, NYSE: JEC, otc: frcn, otcbb: frcn, OTCQB: FRCN, Perkins Investment Management LLC, PLATINUM INVESTMENT MANAGEMENT LTD, WELLINGTON MANAGEMENT COMPANY LLP
Posted in ARTISAN MID CAP VALUE FUND, ARTISAN PARTNERS LIMITED PARTNERSHIP, ARTISAN SMALL CAP VALUE FUND, BlackRock Institutional Trust Company, BLAIR (WILLIAM) & COMPANY L.L.C., FIDELITY LOW-PRICED STOCK FUND, FMR LLC, LORD ABBETT & CO, PLATINUM INVESTMENT MANAGEMENT LTD, STATE STREET CORPORATION, VANGUARD GROUP, INC., WELLINGTON MANAGEMENT COMPANY LLP | 38 Comments »
Wednesday, March 28th, 2012
DALLAS and FORT WORTH, Texas /PRNewswire/ – Fireman’s Contractors, Inc. (OTCBB: FRCN.OB – News) (OTCQB: FRCN.OB – News) today announced the completion of a $38,000 parking lot maintenance and repair project for a Texas location of a nationwide property management firm. The project, which included parking lot stenciling and striping of stalls, marks the second project for this particular client. The work was completed on time and on budget.
Fireman’s was also an exhibitor at the Apartment Association of Greater Dallas (AAGD) Trade Show last week, generating numerous new business leads for the company among area property management companies.
“The leads generated at last year’s trade show resulted in $400,000 worth of new business for Fireman’s Contractors,” said CEO Renee Gilmore. ”We are pleased with the number of solid leads generated at this year’s tradeshow, and we look forward to developing business relationships with these new contacts.”
About the AAGD:
The Apartment Association of Greater Dallas is made up of a wide variety of businesses, including rental property owners and management companies, with more than 1,890 properties representing over 451,000 units in the eleven counties in the north Texas area, as well as 635 companies that provide professional services to the property owners and management companies. For more than 50 years, the AAGD has provided services and promoted professionalism in the apartment industry.
About Fireman’s Contractors:
Fireman’s Contractors, Inc. is a full-service contractor providing professional services for commercial and government clients. Services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance. Fireman’s Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S. The company’s goal is to develop a number of new franchise locations in the next 24 to 48 months. Fireman’s Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations. For additional information about Fireman’s Contractors, visit: www.FiremansContractors.com
Founded by a Firefighter, Fireman’s Contractors — Contractors You Can Trust ®
For more information, contact:
Fireman’s Contractors, Inc.
2406 Gravel Drive
Fort Worth, TX 76118
Phone: 800-475-1479
Investor Relations Contact:
Geralyn Maher DeBusk
Halliburton Investor Relations
Gdebusk@HalliburtonIR.com
Phone: 972-458-8000
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Posted in APG Asset Management US Inc., B2B franchise, BlackRock Institutional Trust Company, COHEN & STEERS REALTY SHARES INCORPORATED, Constructions News, Daiwa Securities Group Inc., FIDELITY REAL ESTATE INVESTMENT PORTFOLIO, Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans Contractors Business Development, Firemans Contractors Franchise, Firemans PR, Firemans-Contractors.com, FMR LLC, Invesco Ltd, ISHARES RUSSELL 2000 INDEX FD, PRICE (T.ROWE) REAL ESTATE FUND INC., ProLogis Inc. (NYSE: PLD), STATE STREET CORPORATION, VANGUARD GROUP, INC. | 32 Comments »
Tuesday, March 27th, 2012
Seems Walgreens and IKEA think so, as the two Retailers Start to “Charge Up” their Parking Lots
Walgreens (NYSE: WAG) and IKEA is going to be offering a charging station in its parking areas to charge your vehicle very soon? It appears both of these retail procedures are planning for the future. Walgreens intends to install as much as 800 electric vehicle charging stations at locations over the U.S. this year, which may allow it to be the country’s greatest retail supporter from the concept. Meanwhile, home decorating store IKEA intends to test the acceptance of battery chargers at 10 stores within the Western Untied States.
The Walgreens installations, which began last summer time, uses EVGO Freedom Stations from NRG Energy. We’ve got the technology will include whether Electricity charger, which could give a “top off” that stretches an electrical vehicle’s range up to 30 miles in under ten minutes or with an amount 2 charger that stretches the number by 25 miles during a period of an hour or so. You will find trade-offs, obviously, since charging more rapidly could shorten the lifespan from the vehicle’s battery.
The websites specific for that charging stations includes Boston, Colorado, La, New You are able to City, Bay Area and Washington, D.C. Other states which get the battery chargers include Florida, New Jersey, Or, Tennessee and Washington. You will find already installations happening across Chicago, Dallas and Houston.
Could all parking lots become the perfect fueling stations in the future? Its appears to be happening right before our eyes as more plug-in electric vehicles come available and lots of charging stations are installed, it’s a great idea as gasoline prices continue to increase.
Tags: Bank of New York Mellon, BlackRock Institutional Trust Company, FAYEZ SAROFIM, Firemans Contractors, frcn, IKEA, IKEA parking lot, MASSACHUSETTS FINANCIAL SERVICES CO, NYSE: WAG, otcbb: frcn, otqb: frcn, STATE STREET CORPORATION, VANGUARD GROUP, VANGUARD TOTAL STOCK MARKET INDEX FUND, Walgreens, WELLINGTON MANAGEMENT COMPANY
Posted in Bank of New York Mellon Corporation (NYSE: BK), BlackRock Fund Advisors, Constructions News, OTC: FRCN, Parking Lot Maintenance, STATE STREET CORPORATION, VANGUARD GROUP, INC. | 203 Comments »
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