Thursday, May 31, 2018

Havwoods International Henley collection

Havwoods International, the innovative UK-based hardwood flooring supplier, provides newfound life to forgotten, discarded with the Henley collection.

Earlier this year, Havwoods International expanded the Henley collection with the addition of Coalburn, which presents a rustic, yet elegant, gray hue. These engineered planks, milled to twenty-first century production tolerances, offer an easy installation process and can be used for floors, walls, ceilings, doors, furniture, and even lighting!

More info at www.havwoods.com.

Calculated Industries New Feature on Calculator Apps

Keeping pace with customer needs, Calculated Industries (CI) has released its latest enhanced feature for a number of its calculator Apps. The new Advanced Tape feature is now available on five of the company’s Apps including the award-winning Construction Master Pro (CMP).

The Advanced Tape function provides a number of features that make the Apps more useful. It enables you to display, review, save and email inputs, descriptions and calculated values for many of the functions on the Apps. It records your inputs and outputs for saving as a file to archive or to send as an attached PDF in an email. It is available for the Construction Master Pro, Construction Master 5, Pipe Trades Pro, Qualifier Plus IIIx and the Measure Master Pro.

“Advanced Tape helps you work smarter by keeping track of measurements, cut lists, and other figures while you are at a jobsite, in the shop or just out of the office,” said Steve Kennedy, President of Calculated Industries. “Plus, being able to email files to estimators, sub-contractors and others makes construction and manufacturing work more efficient.”

When the Advanced Tape feature is available for a function in the App, a tape icon appears in the display, tap to open the Advanced Tape. It is just as easy to access Advanced Tape archives by opening the Tape function at any time. Using the Advanced Tape feature on a mobile device enables users to do advanced calculations, save the detailed results to a file, and then email the file to the office, a client and others to keep a job moving forward.

One example of how this works is in the calculation of a stair case on the CMP. Simply input the floor-to-floor rise and any horizontal constraints of where the stairs are needed and let the CMP figure out the rest. The App provides you with the output of the riser height, how many risers you have, tread width, number of treads, stairwell opening, the stringer length and stair angle of incline.

Calculated Industries’ Apps are available through the App Store, Google Play and the Windows Phone Store. Existing users of CI’s Apps can update their app to receive this new feature for free. Available for iOS and Android operating systems.

Calculated Industries is one of the country’s leading manufacturers of specialty calculators, apps, digital measuring tools, and precision hand tools for industry and personal use. CI has developed tools for tasks ranging from construction, architecture, real estate and lending to cooking and quilting. CI products are designed and tech-supported in Carson City, Nevada.

More info at www.calculated.com.

Arecont Vision LLC Signs Asset Purchase Agreement

Arecont Vision®, the industry leader in IP-based megapixel camera and video surveillance solutions, announced  that it has executed an asset purchase agreement (the “Purchase Agreement”) with an affiliate of Turnspire Capital Partners, LLC (“Turnspire”) under which Turnspire will acquire substantially all of the Company’s assets. As previously announced, the Company has initiated proceedings under chapter 11 of the United States Bankruptcy Code in the District of Delaware (“Court”) to facilitate the Purchase Agreement and substantially reduce its debt.

Key Elements of the Purchase Agreement:
• Employees will be retained.
• Customer programs and services will continue.
• Vendors and Suppliers with valid, prepetition trade claims will be paid in full.
• Arecont Vision will be debt-free.
• Investments will be made into the development of new, industry-leading products.
• Company will have new owners and a new Board of Directors.

“Through this partnership, Arecont Vision is poised for growth. Reducing our debt and putting resources back into the business will ensure greater innovation, larger strategic partnerships, and a stronger company for all of our constituents,” said Raul Calderon, Chief Operating Officer and General Manager, Arecont Vision. “Since we began the chapter 11, operations have been running very smoothly. We are appreciative of the support of our employees, customers and vendors, and look forward to closing the sale and emerging in July a stronger, more competitive company.”

The Company has also filed a bid procedures and sale motion with the Court. The Turnspire bid will be subject to an auction at which it will be subject to higher and better offers, and requires Court approval. Arecont Vision has requested a bid deadline of June 29, 2018, 4:00 p.m., prevailing Eastern Time; an auction date of July 5, 2018; and a Sale Hearing on or about July 6, 2018.

Court filings as well as other information related to the restructuring are available at www.omnimgt.com/arecont or by calling the restructuring information hotline, 844-378-2736 (toll free in North America) or +1-818-906-8300 (International).

The Company is advised by the law firm of Pachulski, Stang, Ziehl & Jones LLP, Armory Strategic Partners as the Company’s chief restructuring officer and financial advisor, and Imperial Capital as the Company’s investment banker.

ABOUT ARECONT VISION
Arecont Vision is the leading US-based manufacturer of high-performance IP cameras and video surveillance solutions. The company offers two-megapixel camera families – the Mega® IP series includes Made in USA, cyber-secure MicroBullet®, MicroDome®, MegaBall®, MegaDome®, MegaVideo®, MegaView®, and SurroundVideo® models – plus the world-class Contera® IP series dome and bullets. Both camera families offer single- and multi-sensor choices that are integrated with the ConteraVMS® (video management system), ConteraWS® (web services), and the ConteraCMR® (cloud-managed video recorder) series for traditional or cloud-based video surveillance solutions. Arecont Vision supports integration with leading 3rd party products through the MegaLab™ and via ONVIF compliance.

ABOUT TURNSPIRE CAPITAL PARTNERS
Turnspire Capital Partners invests in high-quality businesses that have reached strategic, financial or operational inflection points and stand to benefit from our hands-on, operationally focused approach. Turnspire’s investment philosophy is predicated on creating value through operational improvements rather than through financial leverage. Turnspire strives to make each of its companies best-in-class in their respective industry niche, and then to grow the businesses through organic initiatives or strategic acquisitions. For additional information, please visit www.turnspirecap.com.

Guerdon New VP of Business Development

Guerdon Modular buildings, the leading manufacturer of large-scale, commercial modular construction projects in the Western US and Canada, has promoted Michael Merle from hospitality division director to vice president of business development. This announcement follows the retirement of Dan Horne who held the business development position for 17 years.

“Michael’s promotion is part of a succession plan that has been Guerdon’s strategy for quite some time,” said Jerry Goodwin, Guerdon CEO. “He is well equipped to manage Guerdon’s growing business development efforts and we are all looking forward to where Michael will take us.”

Merle will lead Guerdon’s business development team in all aspects of new business. As hospitality division director, he grew Guerdon’s hospitality segment from limited offerings to more than 80% of the company’s current pipeline.

About Guerdon Modular Buildings
Guerdon is the leading manufacturer of large-scale, complex modular construction projects and modular multi-family housing developments in the Western United States and Canada. Guerdon’s innovative modular construction technology reduces build time and construction impacts while delivering significant improvements in quality, energy efficiency, noise reduction and cost-effectiveness when compared to on-site building methods. Guerdon’s construction experience, engineering, design expertise and manufacturing capacity is unrivaled in the industry. For more information, visit www.guerdon.com.

Upgrades to FLIR Premiere Handheld HD Cameras

 

FLIR Systems, Inc. (NASDAQ: FLIR) announced the release of the FLIR T1010 – a new addition to the T1K series of HD thermal imaging cameras. This latest model includes software upgrades that will make all T1K series cameras more responsive and intuitive to use. When combined with the features that define the T1K as FLIR’s flagship handheld camera – HD resolution, precision HDIR lenses, proprietary image processing solutions, and thoughtful, ergonomic design – the T1010 and T1020 can help users find problem areas faster, gather detailed, accurate temperature information, and streamline their workday.

The T1010 is a lower-cost entry point to the expert lineup of T1K cameras. It offers the same 1024 x 768 (786,432 pixels) HD detector as the T1020, which can be boosted to 3.1 Megapixels thanks to FLIR’s unique UltraMax® image enhancement. Like all T1K cameras, the T1010 uses high-fidelity OSX™ Precision HDIR optics, which FLIR designed specifically to work with HD detectors for greater image clarity and measurement accuracy. The T1010 offers the same compact, reinforced design with a 120° rotating optical block, so users can scan targets at any angle while maintaining a comfortable position.

As FLIR releases the T1010, it is also upgrading the firmware for the entire T1K family. This latest version offers an updated graphical user interface (GUI) that’s as agile and responsive as a smartphone. New features include 1-Touch Level/Span, for improving image contrast, and customizable work folders to help streamline reporting. The latest firmware is integrated with all new T1010 and T1020 cameras, and also can be downloaded for free from FLIR customer support (http://flir.custhelp.com).

“The new GUI is a significant upgrade to what was already an industry-leading camera,” said Rickard Lindvall, General Manager of Instruments at FLIR. “By giving the T1K the feeling and responsiveness of a smart phone or tablet, we’re making it more accessible to new users. And it allows us to add on-screen tools that users really wanted, like 1-Touch Level/Span – which helps users fix the contrast on the target just by touching the screen.”
The T1010 is now available for purchase from select channel partners and directly from FLIR for $34,950. To learn more about all the T1K cameras, visit www.flir.com/t1k.

About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. FLIR’s advanced systems and components are used for a wide variety of thermal imaging, situational awareness, and security applications, including airborne and ground-based surveillance, condition monitoring, navigation, recreation, research and development, manufacturing process control, search and rescue, drug interdiction, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) threat detection. For more information, visit FLIR’s web site at www.FLIR.com.

SuperMoney Launches Financing for Small Business Growth

SuperMoney, a leading financial service comparison site, has announced the launch of an innovative new No-Fee Financing Platform that offers affordable point of sale financing opportunities for small businesses nationwide.

Built on top of SuperMoney’s consumer loan offer engine technology – which has exceeded more than half a billion dollars in loan requests since launching one year ago – the company’s new No-Fee Financing Platform is making point of sale financing available for merchants and service providers across all industries including home improvement, healthcare and specialty retail.

Small businesses can get set up to offer financing in a matter of minutes with this sleek new platform and SuperMoney is partnering with banks, credit unions, and direct lenders to provide competing financing offers for the consumer.

“We are empowering businesses with a full-featured point of sale financing solution that has been unattainable for millions of small businesses nationwide,” said Miron Lulic, founder and CEO of SuperMoney. “Until now, the point of sale financing options available to small businesses have been archaic and painfully expensive.”

Because small businesses represent more than 99% of US companies, millions of businesses have been suffering from expensive and inefficient financing solutions for their customers – with rates typically up to 10%.

“We’re expanding opportunities for merchants to boost sales at no cost to them,” said Lulic. “It’s also allowing consumers the opportunity to receive competing financing offers with more transparency when making purchases. This is a game-changer for economic growth.”

For more information, visit https://www.supermoney.com/point-of-sale-financing/.

About SuperMoney
SuperMoney is a financial resource that helps consumers achieve their financial goals. The company’s tools allow people to compare financial products and services so they can make better financial decisions.

Michael Green Architecture Joins Katerra

Katerra, a technology company redefining the construction industry, and Michael Green Architecture Inc. (MGA), a globally recognized leader in mass timber architecture, announced a partnership today that underscores a profound evolution in the design and construction industries.

The two companies share the same vision for the future in which quality and efficiency align with reducing costs and affordability, from initial design, through the life of the building. This new partnership will bring together technology, manufacturing, and design excellence to offer more sustainable, cost effective, and elegant architecture options to North American and global markets.

In becoming a Katerra Company, MGA’s leadership and team will remain fundamentally unchanged and continue to provide their clients with thoughtful and sustainable solutions of all scales and typologies. With the support of Katerra’s technology expertise and production capability, MGA’s impact will grow through an increased project scope that will offer clientele a broader range of cost and construction options.

“Katerra is thrilled to welcome MGA,” said Michael Marks, chairman and co-founder of Katerra. “Michael Green and his team have built a reputation for engaging design and leadership in the use of mass timber. This goes a long way to support our mission to utilize cutting-edge technology and systems to revolutionize the construction industry.”

“MGA is excited to become a part of the Katerra ecosystem,” said Michael Green, CEO and President of MGA. “MGA and Katerra both aim to provide elegant, sustainable, high-performance, affordable buildings. Katerra’s goal to accomplish this on a large scale aligns with MGA’s long-term ambition. MGA is determined to create a meaningful and lasting legacy for our clients, the planet, and the social well-being of the people living on it.”

About Katerra
Katerra is a vertically-integrated technology company optimizing every aspect of building development, design, and construction. With leadership drawn from the most groundbreaking technology, design, manufacturing, and construction companies, Katerra transforms how buildings and spaces come to life. Founded in 2015, Katerra has a growing number of domestic and international offices, factories, and building projects.

About MGA
MGA is an award-winning, mid-sized architecture firm known worldwide for creating engaging, sustainable and innovative projects. Based in Vancouver, Canada, MGA was founded by Michael Green, a leading expert in tall wood building innovation and carbon-neutral urban building approaches. He has produced groundbreaking publications and delivered the 2013 TED talk, Why We Should Build Wooden Skyscrapers. MGA has received numerous honors including three Governor General’s Medals in Architecture, the highest distinction given to architectural projects in Canada.

Media Contacts
Robin Clewley
Katerra, VP, Marketing & Communications
Robin.Clewley@katerra.com
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Susan Gagnon
Director of Communications and Strategic Operations
Michael Green Architecture Inc, A Katerra Company
Susan@mg-architecture.ca