|By PR Newswire||
|April 25, 2014 09:00 AM EDT||
ST. LOUIS, April 25, 2014 /PRNewswire/ -- Two construction industry leaders, Millstone Bangert, Inc. and Fred Weber, Inc., based in the St. Louis region, have signed a definitive agreement to merge Millstone Bangert and the construction operations division of Fred Weber. The agreement was driven by an awareness that these two storied companies are stronger together. This agreement will create a new leader in construction services, Millstone Weber, offering a combined 185 years of experience.
As leading civil construction firms with strong records of success, both Millstone Bangert and Fred Weber bring significant resources to the new company - technical and project management know-how, state-of-the-art equipment, and significant foresight about how projects develop based on deep experience. Their combined experience includes large commercial site development, roads, bridges and other infrastructure, as well as airport expansions. Two recent joint projects are standouts. The two firms combined to complete the new I-64 through metropolitan St. Louis, the largest Design-Build project in Missouri history at $535 million; this project opened a full year earlier than expected. The companies also completed together the new $75 million runway at Lambert St. Louis International Airport, a multifaceted project completed months ahead of schedule.
Well-positioned to deliver the most complex projects, showcasing personal and business integrity, trustworthy skill and construction knowledge, this merger of equals will offer clients a strong business partner.
"This truly is a merger of equals; an evolution in the relationship between two great companies," said Douglas Weible, chairman of Fred Weber, Inc. and board member of Millstone Weber. "Previous collaborations between Millstone Bangert and Fred Weber have resulted in great successes for our customers. Merging these firms into Millstone Weber will enable us to efficiently and effectively get the job done for our customers with insights based on the unrivaled strength of our combined experience."
Company leaders noted that the combined company also offers greater strength in a historically uncertain marketplace.
"Leveraging our combined strengths will provide even greater confidence for our customers," said Thom Kuhn, president of Millstone Weber. "No matter the project, no matter its complexity, Millstone Weber will have the depth to make it a success."
The key strategic benefits of the merger include:
- Comprehensive performance: Where other contractors may specialize in one or two aspects of complex, demanding projects, Millstone Weber will have the management prowess, technical expertise, equipment and resources to complete them from start to finish.
- Insight to drive higher quality results: Millstone Weber's ability to leverage vast experience enables its leaders to advise customers on both cost efficiency and project success.
- Tenacity to deliver the job: With reputations for quality, timeliness and tenacity, the merger will further strengthen our client's trust in their strong partnership with Millstone Weber.
Millstone Weber will have a combined revenue of nearly $190 million. Headquartered in St. Charles, Missouri, the company will have more than 500 employees and will operate in multiple states.
Fred Weber, Inc. had been both a civil construction firm and a materials services company. The construction operations division of Fred Weber is now within Millstone Weber. Fred Weber, Inc. will continue to supply the highest quality construction materials for projects from driveways to interstate highways to airports, and continue contract mining operations.
For more information, visit millstoneweber.com.
SOURCE Millstone Weber
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Jul. 31, 2015 04:30 PM EDT Reads: 423
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Jul. 31, 2015 03:00 PM EDT Reads: 493
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Jul. 31, 2015 02:30 PM EDT
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Jul. 31, 2015 02:30 PM EDT Reads: 274
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Jul. 31, 2015 02:00 PM EDT Reads: 365
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Jul. 31, 2015 01:45 PM EDT
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Jul. 31, 2015 11:45 AM EDT Reads: 130
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Jul. 31, 2015 11:45 AM EDT Reads: 119
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Jul. 31, 2015 10:00 AM EDT Reads: 145
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
Jul. 31, 2015 08:45 AM EDT Reads: 302
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Jul. 31, 2015 08:00 AM EDT Reads: 160
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Jul. 30, 2015 07:30 PM EDT Reads: 1,401
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Jul. 30, 2015 06:30 PM EDT Reads: 893
Malicious agents are moving faster than the speed of business. Even more worrisome, most companies are relying on legacy approaches to security that are no longer capable of meeting current threats. In the modern cloud, threat diversity is rapidly expanding, necessitating more sophisticated security protocols than those used in the past or in desktop environments. Yet companies are falling for cloud security myths that were truths at one time but have evolved out of existence.
Jul. 30, 2015 06:00 PM EDT Reads: 1,806
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Jul. 30, 2015 05:00 PM EDT Reads: 1,091