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Reed Construction Data Completes Acquisition of Tectonic Partners Inc

Construction information provider accelerates development of industry-defining technology for BIM

Reed Construction Data today announced the completion of its acquisition of Tectonic Partners Inc., a leading developer and content provider of building information modeling (BIM).

The combination of these two companies further solidifies Reed’s strategic initiative to develop several leading platforms in the emerging building information modeling space.

 

“The technology of BIM has been developing for years and is near the tipping point,” said Iain Melville, CEO of Reed Construction Data.  “It’s now our task to simplify this technology, further develop our products and services, and offer the AEC community powerful solutions for integrating and managing BIM.”

Tectonic’s CEO, Arol Wolford, has joined Reed Construction Data as a consultant.

 

“The development and positioning of our combined content and services have the power to drive this emerging field,” said Arol Wolford, CEO of Tectonic.  “We’re excited to see advancements in the industry as we progress and the industry continues to embrace this powerful technology.”

Prior to the acquisition, Tectonic Partners was controlled by Geronimo Investments, LLC, the holding company of Atlanta entrepreneur, Jack Alexander.

Tectonic Partners Inc. is dedicated to advancement of Building Information Modeling, from 3D design visualization to engineering analysis and simulation that incorporates building product information. Tectonic develops frameworks and applications that manage BIM content, automate industry-strength quantity take-off, facilitate decision-making for product procurement with respect to quality, energy efficiency, sustainability, and availability, and collect and publish market data for building product demand forecasting.

Geronimo Investments, LLC is a diversified investment company involved in the hotel, oil/gas and technology industries.  For more information, call 404-583-0072.

Media Contact:

Ryan Cummings

Reed Construction Data

770-417-4000

 

read more >>

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    Reed Construction Data Inc (RCD) and the Architectural Institute of British Columbia (AIBC) have announced the signing of a strategic alliance agreement that will result in the two organizations combining resources to support British Columbia’s Architectural professionals, and to promote the region’s busy design and construction market. The agreement includes a number of provisions designed to foster growth and development of the Architectural profession in British Columbia. RCD has agreed to promote AIBC programs and to assist in efforts to advance the profession within the province. Initiatives include RCD sponsorship of AIBC’s Annual General Meeting.  AIBC members will also benefit from access to industry-oriented content gathered through RCD relationships, and will be eligible for preferred advertising rates in both online and print media. “Our base of operations in British Columbia extends back almost 100 years,” notes Mark Casaletto, Reed Construction Data’s Managing Director. “Our success, as evidenced by our longevity and growth, is largely attributable to the cooperation we’ve traditionally enjoyed between B.C.‘s Architectural and Design communities and our editorial and research staff. This is an important partnership for RCD, not only because it brings us closer to the design community, but because it allows us to give something back to the profession. And with the imminent launch of Buildcore.com, this agreement ensures we’ll benefit from close ties to our primary users. As we expend and further enhance our resources, we are committed to fulfilling the needs of our regional and national customers. This partnership will allow us to achieve this goal.” “We view RCD and Journal of Commerce as important sources of information for British Columbia’s design, building and construction industry,” adds Dorothy Barkley, Executive Director of the AIBC. “The Journal has an extensive history of addressing important issues and industry trends. Our members will always require access to reliable information about the unique challenges and opportunities facing BC’s design community and the AIBC encourages architects to use the best resources at their disposal.” About the Architectural Institute of British Columbia The AIBC is a self-governing body dedicated to excellence in the profession of architecture for the benefit of its membership, society and the environment. Through our many community initiatives, professional programs and partnerships with other professional organizations throughout the province and across the country, we strive to be effective and successful ambassadors on behalf of the profession, its practitioners and British Columbia. ### For more information about Reed Construction Data, contact Saundra Dobroski at 905-752-5552 or email to saundra.dobroski@reedbusiness.com
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    RSMeans, a business unit of Reed Construction Data, announces a new 225-page soft-cover book geared to construction company owners — giving them the guidance they need to put their firms on a solid footing for long-term success and profit. Only 43% of construction firms remain in business after 4 years, yet thousands of contractors achieve success over long and fulfilling careers. The difference between success and failure lies in large part in knowledge that most contractors have to learn “the hard way,” through difficult and sometimes costly experience. In this book, author Nick Ganaway, owner of a successful commercial construction company for more than 25 years, speaks directly to other contractors. He gives them the benefit of his sometimes hard-won experience — explaining what it takes to build all aspects of a business that’s profitable, enjoyable, and enduring. Here are some of the things contractors will learn from this book: Essential terms and conditions to include and exclude in contracts. “Commandments” contractors need to follow to ensure they’re paid what they're owed, including step-by-step change-order procedures to avoid disputes and non-payment. What must be done administratively before breaking ground on every project. How to select, hire, and keep “golden” employees. Ways to target, check-out, land, and retain profitable customers. Effective marketing even the smallest contractor can afford. How to identify the accountants, lawyers, and insurance agents that are right for the contractor and his business. The What, When, Where, and Why of licensing and registration. Strict do’s and don'ts of mechanics’ liens – including when an owner goes bankrupt. The advantages of specializing, including the opportunities in chain store construction. More than 40 construction, government, and other valuable online resources. Based on his years of experience, the author points out the opportunities and risks in various situations and explains how to build profit for the long haul. From the construction company owner’s role, to finding and retaining the right key employees, to marketing the company, there is a strong emphasis on the “human factor” so crucial to success in construction. The book also makes the case for specialization, or niche contracting, a strategy that allows a contractor to become more knowledgeable in a field, be seen as an insider, become sought-after, and achieve a more profitable business. "Construction Business Management provides insight into the critical business skills for our industry, that are not often mastered," says Wayne J. DelPico, Vice-President of The Mulligan Company, Inc. a building and development company in Massachusetts." Mr.Ganaway's professional experience is evident in the clear and concise manner in which he addresses some difficult, but essential topics in managing a successful construction business." John Ware, Senior Vice President and General Manager of RSMeans, says, “This book provides many practical insights that can make an immediate difference for contractors, superintendents, and subcontractors, especially in a tight, less forgiving economy.” About the AuthorNick B. Ganaway started and then operated his own successful construction business for 25 years. His prior experience includes several years as a construction manager for Shell Oil Company. He has a degree in industrial engineering from the University of Texas at Arlington and lives in Atlanta, Georgia, where he currently consults with contractors and other small-business owners.
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