TRC, a global consulting, engineering, and construction management firm, has agreed to acquire Lockheed Martin Energy’s Distributed Energy Solutions group for an undisclosed amount. The acquisition will strengthen TRC’s position in the Advanced Energy segment, and allow the company to provide tech-enabled solutions to a combined customer base. Distributed Energy Solutions, a commercial business, offers […]
US retail store chain Blain’s Farm & Fleet announced plans to open its fifth store in Michigan to be located in the Standale Shopping District in the City of Walker. The Walker store is scheduled to open doors for the public in Fall 2020. The…
Indiana American Water, a subsidiary of American Water, has acquired the water system of Lake Station in northwest Indiana for around $20.68 million. The acquisition of the Lake Station water system adds 3,270 plus water customers, which represents a population in excess of 8,800 residents to the customer base of Indiana American Water. Matt Prine […]
C Spire, a telecommunications and technology services firm, and University of Mississippi Medical Center (UMMC) have launched a new mobile app called C Spire Health app to advance health care in the US state of Mississippi. C Spire Health app will provide improved access to quick and reliable health care for people with minor ailments […]
Hines, a real estate investment, development, and management firm, has agreed to invest in Edge-on-Hudson, a mixed-use development situated in Sleepy Hollow, New York, US. Edge-on-Hudson, a joint venture of SunCal and Diversified Realty Advisors, will develop 246 luxury apartments along the banks of the Hudson River in Phase Two. Hines has purchased Parcel F […]
Reliant Bancorp, the parent company of Reliant Bank, has agreed to acquire rival Tennessee-based bank holding company Tennessee Community Bank (TCB Holdings) in a cash-cum-stock deal worth around $37.2 million. TCB Holdings is the parent company of Community Bank & Trust (CB&T), which is based in Ashland City. It has banking centers across Ashland City, […]
Keweenaw Financial, the parent company of Superior National Bank and Trust has agreed to acquire rival Michigan-based bank holding firm North Star Financial and its subsidiary Main Street Bank for $42 million. While Superior National Bank and Trust, which was founded in 1890, holds more than $575 million of assets under management, Main Street Bank […]
BWXT Nuclear Operations Group, a subsidiary of nuclear components and fuel supplier BWX Technologies (BWXT), has won a contract of around $806 million from the US Naval Nuclear Propulsion Program. The contract, which comes with options, is for the procurement of long-lead materials needed for the manufacturing of naval reactor components. Rex Geveden – BWXT […]
Amazon has announced plans to open fulfillment centers in the US states of Illinois and Idaho, thereby creating more than 1,500 jobs. In Illinois, the e-commerce giant will be opening the fulfillment center in Channahon, where 500 plus new, full-time jobs will be created with starting wages of $15 an hour alongside company benefits. Employees […]
MGM Resorts International has signed two deals with a combined worth of around $5 billion to monetize Hotel Circus Circus Las Vegas, and the Bellagio – a resort, luxury hotel and casino in Paradise, Nevada. The global entertainment company has agreed to sell Circus Circus Las Vegas to an affiliate of Treasure Island owner Phil […]
