Press Releases

iSqFt and CMD Announce Agreement to Merge

CINCINNATI and NORCROSS, GA – August 4, 2015 – iSqFt and CMD Group (CMD) today announced the companies have merged. CMD is one of the leading providers of construction information in North America.  iSqFt provides the commercial construction industry a leading software-as-a-service solution in addition to bid information both powered by a vast network of construction professionals across the United States. Terms of the agreement were not disclosed.

The combination brings together businesses with complementary strengths in different segments of the construction sector, creating an organization with an enhanced product offering for customers and a strong technology platform focused on innovation. After the merger is completed, the combined organization will provide comprehensive construction data and software solutions for customers across North America.

Dave Conway, President and CEO, iSqFt, will serve as the CEO of the combined company. 

“CMD has established an excellent track record providing high-quality data, information and insights to the construction industry across North America,” Conway said. “With our shared commitment to customer service and product delivery, this merger fits into our long-term strategy to leverage the best of our combined companies to provide improvements on our already great data and deliver innovative solutions.”

“iSqFt and CMD share highly complementary capabilities which, brought together, will build on our firms’ reputations for outstanding customer service and will create exciting opportunities for our employees,” said CMD CEO Graeme McCracken. “We have great respect for the iSqFt team and the software and data solutions they provide, and we are excited about what we can achieve together as one team.”

CMD, formerly Reed Construction Data and Construction Market Data, is owned by Warburg Pincus, a leading global private equity firm focused on growth investing, and Reed Business Information. Warburg Pincus will continue to be a shareholder in the combined company.

“We are excited about the combination of iSqFT and CMD and look forward to partnering with the management teams to support the company’s growth initiatives,” said Warburg Pincus Managing Director Alex Berzofsky.

“We have been very pleased with the progress that iSqFt has made, including introducing new technology tools and solutions to enhance the customer experience,” commented Genstar Managing Director Eli Weiss. “This merger with CMD, which has established an equally impressive track record in the construction sector, will position the combined company well for continued growth.”
The combined company will be headquartered in Cincinnati, Ohio.


About CMD
CMD is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and technologies includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmdgroup.com. 

About iSqFt
Cincinnati-based iSqFt is a leading software-as-a-service company, serving the commercial construction industry by offering its customers access to a network that connects hundreds of thousands of general contractors, subcontractors, manufacturers and suppliers. iSqFt helps its customers thrive by offering the information and tools they need to work more efficiently and profitably. For more information about iSqFt and its applications, visit isqft.com.

About Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $35 billion in assets under management. The firm’s current portfolio of more than 120 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 14 private equity funds, which have invested more than $50 billion in over 720 companies in more than 35 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, London, Luxembourg, Mauritius, Mumbai, San Francisco, São Paulo and Shanghai. For more information, please visit www.warburgpincus.com.

About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for more than 20 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of operating executives and strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar manages funds with total capital commitments of over $3 billion and targets investments focused on selected sectors within the financial services, software, industrial technology, and healthcare industries.

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    CMD, one of the leading providers of construction information in North America, and the American Institute of Architects (AIA) announced an agreement to offer a jointly-developed market analytics tool:  Insight for Architects. Strategic partners since 2008, the AIA and CMD continue to generate value for the more than 83,000 AIA members. “CMD is a highly-valued partner, and we are extremely pleased to collaborate with CMD for this new member benefit,” said AIA Chief Executive Officer, Robert Ivy, FAIA. “Insight for Architects offers our members important project-based intelligence that expands their network and business potential.” Insight for Architects gives AIA members instant access to hundreds of thousands of construction projects across the U.S., as well as market analytics. Architects can use Insight for Architects to view thousands of pre-bid projects, track desired projects, and stay alert to trends and forecasts. The new product is available exclusively to AIA members. The tool can be accessed at www.aia.org/cmd. CMD’s Chief Executive Officer, Graeme McCracken, added, “I’m excited to build upon our many years as the AIA’s Strategic Partner by offering resources members can use to grow their business and understand market dynamics. CMD’s technology and data, accessed through the Insight for Architects tool, will provide firms both large and small with a strategic view into new opportunities and the competitive landscape.” About CMD CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmdgroup.com. About The American Institute of Architects For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit www.aia.org.  
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    CMD, one of the leading providers of construction information in North America, today announced upgrades to its Forecast, Analyze and Intelligent Leads products on the Insight Platform. The new version includes better defined projects and categories, faster performance and tracking, and enhanced key work search capability. “With new market comparison tools, the ability to hide projects and expanded search options, the Insight platform makes it simple for contractors and manufacturers to identify the best opportunities available in the market,” said CMD Senior Director, Product and Development Jennifer Johnson. “We believe the upgraded product provides truly actionable intelligence, and sets us even further ahead of other offerings.” Analyze, designed to allow users to track their specification share among competitors, is now even more in depth. Upgrades include the ability to perform comparative searches within CSI divisions, allowing for a better understanding of market share.  Analyze and Leads are now more closely integrated, enabling customers to execute strategies more quickly and efficiently. Leads, which provides users commercial construction projects from inception to completion, is easier to navigate than ever. Searchable plans and specs, predictive material demand and powerful alerts mean users can focus on leads that give them the best results. Additional upgrades include the ability to hide projects from view, so users do not have to sort through the same set of leads multiple times. In addition, educational projects are now categorized to incorporate better delineation of educational facilities. For more information or to purchase the Insight Platform, visit cmd.group.com About CMDCMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and technologies includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at cmd.group.com.  
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    CMD, one of the leading providers of construction information in North America, today announced the release of BidCity, the only mobile app that provides bid information about new, private projects. The construction app offers general contractors and sub-contractors the ability to view actionable project and company details complete with scope, bidder and participant contact information, address, project name and more. "There are plenty of apps that provide data about public projects, but BidCity is the only one that provides information about bid opportunities for private jobs," said Claire Stubblefield, senior product manager for CMD. "With CMD’s incredibly in-depth private information, BidCity offers a competitive advantage to any contractor that uses it." The app is ideal for the “always on the go” contractor looking to locate local construction projects within 25-30 miles of their business. Upon opening BidCity, contractors are able to view details about projects in their immediate vicinity and search by key categories, including retail, commercial, hospitality, health care projects and more. Other key features include the ability to: Easily pinpoint projects with map-based layout Filter search results by construction stage from bid to post-bid Save searches for easy access Access favorite projects using the ‘track projects’ feature BidCity is available for free download in the iTunes store and is compatible with iPhone, iPad and iPod touch. Access to bid data is $9.99 per month. For more information, visit cmdbidcity.com or CMDGroup.com. About CMD CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at CMDGroup.com.
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    CMD, one of the leading providers of construction information in North America, today announced its sixth annual fall free economic webcast: "Is the Pace of Construction Investment Set to Quicken?," will take place from 2:30-4 p.m. EST on Nov. 20, 2014. The complimentary webcast will feature chief economists Kermit Baker of the AIA, Ken Simonson of the AGC of America and Alex Carrick of CMD.  With many anticipating growth and a generally positive outlook for construction next year, the webcast will reveal what economists inside the construction industry expect in the months ahead. All three economists will take questions from the audience in the last half hour. "By the end of 2014, the total number of jobs in the architectural and engineering design professions will recover to their pre-recession peak," stated Alex Carrick, U.S. chief economist for CMD. "The year-over-year employment gain in the sector has been a strong, plus 4 percent. This is good news for on-site activity levels, since new projects appear on drawing boards first." The webcast will cover numerous topics important to the construction industry including: Trends helping construction growth Mild material costs and the items most at risk of price spikes Labor shortages – widespread or isolated? Single-family homebuilding – picking up speed? Regions showing the strongest growth Risks and wild cards that can affect the upcoming season To take part in the webcast sponsored by Info Tech International LLC, register here. AIA members who attend the live broadcast will receive AIA CEU credit, and all who register can download the presentation slides and view the webcast archive. "We are excited to bring together this panel of economic thought leaders," stated Wendy McBay, senior director of marketing for CMD. "Their insights into the construction industry will benefit professionals seeking strategic direction for their business." About The American Institute of Architects For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit the AIA website at http://www.aia.org. About The AGC of America The Associated General Contractors of America (AGC) is a national trade association, dedicated to furthering the ever-changing agenda of commercial construction contractors, improving job site safety, expanding the use of cutting-edge technologies and techniques, and strengthening the dialogue between contractors and owners. Founded in 1918, the AGC today represents more than 33,500 member firms, including 7,500 of America’s leading general contractors and over 13,000 specialty-contracting firms. Visit the AGC website at www.agc.com. About CMD CMD, the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. CMD’s diverse portfolio of innovative products and services includes national, regional and local project leads, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the CMD website at www.cmdgroup.com.
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    A generally negative April is brightened somewhat by increases in institutional and heavy engineering starts; industrial starts take a big hit Reed Construction Data announced the value of April construction starts, excluding residential contracts, fell 4.9% to $22.6 billion after rocketing 47.8% in March. Starts were down 7.8% from April 2013. Year-to-date starts data, which totaled $81.9 billion, were 3.6% lower than for the same period in 2013. “April starts data once again point to the negative impact adverse weather is having on construction activity,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. Commercial starts dropped dramatically in April, giving back over half of their March gain. That left year-to-date commercial starts 28.2% lower than the same period last year. The next few months will demonstrate whether this poor performance is weather-related or an indication of a more serious underlying problem. Lodging (hotel and motel) starts throttled back significantly in April, down by a third. An unusually large March 2013 starts figure continues to distort the comparison of the year-to-date number for lodging, which was down 59.6%. Although April’s $2.3 billion year-to-date starts total was not spectacular, it was the second highest total (after 2013) since April 2009. Year-to-date retail starts were also at their second highest level since 2009 (essentially at the same level as in 2009), but down 27.1% from 2013. Given that retail construction spending has struggled in recent months, declining on a seasonally adjusted basis from December through March, the lethargic performance of retail starts is of concern. One positive for this group is that both private office and government office starts were up on a year-to-date basis.Industrial (manufacturing) building starts have also struggled this year, with April taking a real hit—down 75.0% from March. Year-to-date starts were down a more modest 5.6%. The hope is that this year’s poor weather has adversely affected starts and, as the weather improves, so will starts.Institutional building starts posted a large increase for the second month in a row, up 24.0% in April after increasing 39.2% in March. Year-to-date starts were 9.1% higher than last year. Much of the recent improvement is due to starts for schools and colleges, which were up 62.8% in April and 28.8% in March, and accounted for more than half of the starts for the group. Year-to-date starts were up 5.3%. Another contributor was hospital and clinic starts, which although down for the month, were up 21.1% on a year-to-date basis. Heavy engineering (non-building) starts represent another positive area. Starts were up 1.2% in April following a 19.9% jump in March. Year-to-date starts were 13.1% higher than the same period in 2013. Road and highway starts were the source of much of this strength, surging 50.8% after tumbling 13.8% in March. They were 12.9% higher on a year-to-date basis. Meanwhile, water and sewage starts were up 9.7% on a year-to-date basis. The April starts numbers were generally negative, with only a few bright spots. The year-to-date numbers were somewhat better. Only heavy engineering was showing any evidence of improvement. The weather may still be responsible for the poor starts numbers. However, unless there is real improvement in coming months, this explanation will no longer be viable. “Many factors still indicate the economy is on the mend from the brutal winter and difficult spring,” stated Markstein. “Reed is comfortable with our forecast of nonresidential construction starts improving significantly in coming months and eventually exceeding last year’s starts numbers.” To read the complete report or download the PDF, visit http://www.reedconstructiondata.com/market-intelligence/articles/nonresidential-construction-starts-slip-back-in-april. Since starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit www.reedconstructiondata.com
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    Reed Insight provides access to construction opportunities across the U.S. and Canada, with all-new analytics and forecasting to boost strategic direction and drive growth. Reed Construction Data introduces Reed Insight, the game-changing new platform that provides single-point access to the popular Intelligent Leads, Analyze and Forecast modules. Packed with features for enhanced performance and convenience, Reed Insight gives construction professionals an unprecedented view of opportunities within the U.S. and Canada to strategically drive business success. “Reed Insight gives our customers a distinct advantage in understanding their current and prospective markets,” said Rich Remington, chief operating officer, Reed Construction Data. “For the first time ever, our customers gain access through a single platform to Reed’s powerful forecasting, market intelligence and project opportunities. This strong combination provides the insight necessary to drive their company’s success to new levels.” Developed with a uniquely intuitive and visual design, Reed Insight puts rich, robust content at the user’s fingertips. With just a few clicks, users gain access to a database of hundreds of thousands of construction projects across the United States and Canada, as well as analytic tools and construction starts and forecasts. The Reed Insight platform offers: • Intelligent Leads – Reed’s comprehensive database of construction projects, with fully-searchable plans, specs, key participants, contacts and more • Analyze – Visual and interactive market intelligence that provides a 360 degree view of current market share, potential new markets and competitor activity, based on plans and specifications • Forecast – Detailed view of construction activity developed by industry-leading economists, with historical construction starts and 5-year construction forecasts “The beauty of Reed Insight is not only in its depth of information, but also in the fact that it’s designed, based on direct customer feedback, with a focus on simplicity and convenience,” stated Remington. “Reed has made it very easy for our customers to gain a clear view of what’s happening today, with a view of the past plus a five-year forecast that they can use to plan best courses of action for the future. This is just the beginning of the new innovative tools that will enable our customers.” Reed Insight is available today with Analyze, Forecast and Intelligent Leads modules. For more information, visit www.reedconstructiondata.com/construction-project-leads/reed-insight. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a trusted source for detailed, accurate, and up-to-date information on private, public and civil construction projects across the United States and Canada. Reed’s data collection teams leverage strong industry relationships, innovative technology and third-party data sources to deliver timely and accurate information on projects, companies and contacts, with daily updates for all types of general and civil construction. For more information, visit www.reedconstructiondata.com. About Reed Construction Data Canada Reed Construction Data Canada is a leading provider of construction information solutions and industry news. Reed Canada provides actionable insight to the construction industry through comprehensive project leads, market intelligence and industry news, as well as construction cost tools and a suite of online, digital and print references. For more information, visit www.reedconstructiondata.com/can.
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    Reed Construction Data reported a significant increase in the value of March construction starts, excluding residential contracts. After a 14.2% decrease in February, March starts surged to $23.7 billion – a 46.9% increase and the highest value for starts since November 2013. Starts were up a modest 0.4% from March 2013. Year-to-date starts data, which totaled $58.6 billion, were down 2.9% from the same period in 2013. March starts data are an indication construction is bouncing back from the harsh winter weather. Since starts data are not seasonally adjusted (NSA), caution should be used in analyzing monthly movements. Year-over-year comparisons are often used, as they remove much of the seasonal effects. “We believe the economy is on a clear upward trajectory,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. “The combination of a growing economy and low long-term interest rates will spur an increase in nonresidential building construction starts, exceeding last year’s starts numbers and, as a result, construction activity.” Commercial starts doubled in March (+109.9%) after plunging 35.9% the previous month. Year-to-date, commercial starts were down 24.1% from the same period last year. To some extent, that comparison obscures the bounce back in commercial starts, since there were some unusually large starts in the first quarter of 2013. The $17.1 billion first quarter commercial starts were the second highest since 2008. First quarter lodging (hotel and motel) starts were at their second highest level since 2009. An unusually large starts figure in March 2013 is skewing the year-to-date total for this category. Similarly, first quarter retail starts lagged behind first quarter 2013 starts, but were at their second highest level since 2008. Industrial (manufacturing) building starts, despite a more than five times increase over an unusually low February number, were still down 41.3% on a year-to-date basis. Although the first quarter 2013 starts were on the strong side, they were not unusually so. First quarter 2014 starts were the second lowest on record since the start of the Reed data series in 2003. The hope is that this year’s slow beginning is weather related and will be offset by stronger numbers in coming months. Institutional building starts are showing strength largely due to a strong gain in hospital and clinic starts, which more than doubled in March (+111.9%). On a year-to-date basis, these starts were up 98.2% from the same period a year ago. In spite of improvements in March (+20.1%), starts for schools and colleges were down 10.8% on a year-to-date basis from last year. Heavy engineering (non-building) starts strengthened 19.2% in March. Year-to-date, starts were up 15.7% from the same period in 2013. Road and highway starts, although off 15.0% in March, were up 9.3% on a year-to-date basis. Surprisingly, heavy engineering starts are doing much better than nonresidential building starts. The weather appears to have adversely affected the latter more than the former. As the weather improves, starts of both should also improve. To view the complete report, click here. The value of construction starts each month is summarized from the Reed database of all active construction projects in the U.S., excluding residential construction. Missing project values are estimated with RSMeans building cost models. A start is determined by taking the announced bid date and adding 30 days. It is then assumed the project will actually break ground within 30-60 days of the start date. Reed continues to follow the project via our network of researchers, so if the project is abandoned or rebid, the start data are subsequently updated to reflect the new information. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit www.reedconstructiondata.com.  
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    Construction economy experts, Bernard Markstein of Reed Construction Data, Kermit Baker of the AIA and Ken Simonson of the AGC join forces in an all-new webcast to discuss what’s ahead for 2014 construction. Reed Construction Data announces its sixth annual spring economic webcast:  2014, Breakthrough Year for Construction. The complimentary webcast, featuring chief economists Kermit Baker of the AIA, Ken Simonson of the AGC and Bernie Markstein of Reed, is set for April 17, 2014. With many anticipating growth and a generally positive outlook for construction this year, find out what economists inside the industry expect in the months ahead. “Construction professionals have a lot of reason to be optimistic this season,” stated Bernard Markstein, U.S. chief economist, Reed Construction Data. “While weather has hindered the early months, and despite a few obstacles still ahead, 2014 is certainly heading in the right direction.” The webcast is open to everyone and will cover topics important to all industry professionals: Trends helping construction growth Bright spots for non-residential construction Competition for skilled labor and difficult-to-fill positions Housing trends - continuing upward? Regions showing the strongest growth Risks and wild cards that can affect the upcoming season The live, interactive webcast airs on April 17, 2014, 2 - 3:30 p.m., EDT. AIA members who attend the live broadcast can receive AIA CEU credit, and all who register can download the presentation slides and view the webcast archive. All three economists will take questions from the audience in the last half hour. To take part in the webcast, register here. “We are excited to once again bring together this panel of economic experts, who can speak to issues that affect all of us,” stated Wendy McBay, Senior Director of Marketing, Reed. “Their insight can benefit everyone who wants to stay up-to-the-minute on trends and issues that affect our industry.” About The American Institute of Architects For over 150 years, members of the American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. Members adhere to a code of ethics and professional conduct to ensure the highest standards in professional practice. Embracing their responsibility to serve society, AIA members engage civic and government leaders and the public in helping find needed solutions to pressing issues facing our communities, institutions, nation and world. Visit the AIA website at http://www.aia.org. About The AGC of America The Associated General Contractors of America (AGC) is a national trade association, dedicated to furthering the ever-changing agenda of commercial construction contractors, improving job site safety, expanding the use of cutting-edge technologies and techniques, and strengthening the dialogue between contractors and owners. Founded in 1918, the AGC today represents more than 33,500 member firms, including 7,500 of America’s leading general contractors and over 13,000 specialty-contracting firms. Visit the AGC website at www.agc.com. About Reed Construction Data Reed Construction Data LLC (RCD), a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed Construction Data’s diverse portfolio of innovative products and services includes national, regional and local project leads, accurate and up-to-date RSMeans cost information, marketing solutions and market intelligence to provide insight to construction industry professionals throughout the U.S. and Canada. Visit the Reed Construction Data website at www.reedconstructiondata.com.
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    New strategic alliance between NLCA and Reed will share information on an unprecedented scale, creating outstanding value for the Atlantic construction industry. Newfoundland and Labrador Construction Association and Reed Construction Data have signed an agreement to share information, improve the distribution of bid information outside the province and create new economic value benefiting members. NLCA values collaboration; however, we partner selectively – and only when there are clear benefits to our membership,” said Rhonda Neary, President and CEO, NLCA. “Our board carefully assessed the Reed opportunity, and we believe it’s a great fit logically, strategically and culturally, now and for the future.” “The NLCA is a first rate organization. Its leadership, board and staff set very high standards for themselves and their service to their members and the Atlantic construction industry,” added Mark Casaletto, General Manager and Vice President, Reed Construction Data Canada. “Reed is delighted to be partnered with the NLCA.” The alliance exchanges proprietary information between the organizations and creates new economic value from content available within NLCA’s electronic plan room. Specifically, the alliance allows NLCA to better serve and inform its members. Also, building product manufacturers across North America will now have greater visibility into the specifications history and opportunities within Newfoundland’s $9 billion non-residential construction industry. “The alliance with Reed gives us access to valuable and hard-to-get economic and industry intelligence,” said Kevin McEvoy, Chair of NLCA. “The new economic value created funds key events directly for our members.” “Newfoundland’s economic and construction fundamentals are among Canada’s best. Relatively, the province outperforms most other regions,” said Craig Roberts, Senior Director at Reed Construction Data. “Partnering with NLCA provides our customers across North America unparalleled intelligence and data on this important construction market.” The partners have ratified a multi-year legal agreement and are currently implementing its functional aspects.  About NLCA The Newfoundland and Labrador Construction Association (NLCA) is an incorporated not-for-profit association of contractors, builders, and suppliers primarily engaged in the construction industry throughout the province. NLCA’s members have representatives of all aspects of the construction industry (including all sectors) as well as architectural and engineering firms. To learn more about NLCA, visit http://www.nlca.ca. About Reed Construction Data Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information. Reed provides actionable insight to construction professionals through a diverse portfolio of innovative products and services, including national, regional and local construction project data, accurate and reliable construction cost data, effective marketing solutions and dynamic market intelligence. To learn more about Reed, visit http://www.reedconstructiondata.com.
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