Tag: construction

Broadband speeds up to 5 Gbps will be available in Hallam Borough, Hellam Township and Wrightsville Borough, Pennsylvania

According to Precedence Research, the global semiconductor market size was valued at USD 584.17 billion in 2024 and is projected to be worth around USD 1.2 trillion by 2034, reflecting a solid CAGR of 7.54% from 2025 to 2034.

PHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation, amortization, and other income ("Adjusted EBITDA") (non-GAAP)* was $17.8 million. During that time, American Homestar produced 1,676 homes.

THORNTON, Colo., July 14, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced that an MYR Group subsidiary has executed a five-year Design-Build Electric Distribution Master Service Agreement (MSA) with Xcel Energy Inc. (Xcel Energy). The MSA includes turnkey, design-build distribution services including, permitting, right of way, public outreach, design and construction in Xcel Energy’s service territories across multiple states. The contract is effective through 2029, and it is anticipated that work under this MSA will be in excess of $500 million over the five-year period.

NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has arranged a $43,500,000 debt placement to refinance a Class A independent living community in Oregon. The financing was sourced by David Young, Managing Director.