Latest news with #Building
Edinburgh Live
4 days ago
- General
- Edinburgh Live
Former Midlothian primary school in historic building to become day care centre
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info A former primary school is to be turned into a day care centre for council and charitable organisations in Midlothian. The Category-C listed Bonnyrigg Infant School building dates back to the 19th century and was most recently used as council offices but closed five years ago. Now an application by Midlothian Council for Listed Building Consent to convert it into a new use has been given the go ahead by its planning authority. The centre will support two new neighbouring buildings which are currently under construction and will provide extra care housing and a care home. The school building will be turned into a day care service that will be shared between council services and third sector day care providers. A report into the plans says the existing hall space within the building will be re-purposed as a gathering/social space for building users with offices in the bays at either end. It says much of the work to convert the building has already been improved with changes to chimneys, external cladding. doors and windows proposed. The former school is listed as a single storey building in Queen Anne style with an octagonal, domed bellcote with a weather vane to centre. Sign up to Edinburgh Live newsletters for more headlines straight to your inbox
Yahoo
29-05-2025
- Business
- Yahoo
City of Eau Claire plans $48.3 million in capital improvement projects for 2026
EAU CLAIRE—The City of Eau Claire is asking for public feedback on its five-year capital improvement, which contains projects totaling approximately $266 million. 'There will be a public discussion on June 9 and also June 23,' said Eau Claire Finance Director Kitzie Winters. 'The City Council is scheduled to adopt the budget on June 24.' The Capital Improvement Plan, which plans out capital expenditures from 2026-2030, was presented to the council last week. It contains a plan to spend approximately $266 million over the next five years, including $48.3 million in 2026. Nearly a quarter of that would go to the Land, Building, and Equipment Fund. 'The capital improvement plan is exactly what it sounds like,' Winters said. 'It's a plan. We do call it a budget, but it is a plan for our assets or repairs that are over $5,000.' She differentiated it from the annual operating budget which are funds that go toward services and staff. 'The Capital Improvement Plan is for those larger repairs or acquisitions of land or creation of a trail or a park, or repair of a street,' she said. 'We do attempt to secure grants from the federal and state level. We use our tax dollars there that we retain as a city. Then we look toward any general fund usage, but it's half-funded from issuing general obligation debt.' In terms of the city striving to manage its debt, Winters said, 'We have an existing policy to keep that in a respectable limit. We're very conscious of the effect on the debt issuance and how that translates into the tax bills. Our targets are always very close to what we're paying off. We're not attempting to increase the tax bill. We're trying to keep that level.' She said that big things which would have the most impact on taxpayers would be needing to build a new fire station or addressing an issue with a large parking structure. Winters did note that there are plans for either remodel or construct a new fire station in 2027 and that the city council is still discussing the parking structure across from City Hall for 2029. 'It is reaching the end of its useful life to repair,' she said. '[Replacing it] would be over $30 million. It'll cost between $2 million to $3 million for demolition. We're evaluating how much parking will be needed. We're looking at scaling it down to maybe a two-level parking deck. It would cost around $14 million.' To view the full proposed capital improvement plan, visit
Business Upturn
28-05-2025
- Business
- Business Upturn
Rigaku Completes New Building at Yamanashi Plant
TOKYO, Japan: Rigaku Corporation, a global solution partner in X-ray analytical technologies and a Group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; President and CEO: Jun Kawakami; hereinafter 'Rigaku') completed an additional manufacturing building (hereinafter 'the New Building') at Yamanashi Plant, Rigaku's main production facility. The facility was established to serve as the center of Rigaku's production framework, in anticipation of global business growth and expansion in product demand. This press release features multimedia. View the full release here: Exterior view of the New Building, Yamanashi Plant Doubling of production capacity: a strategic base to support Rigaku's growth Demand for X-ray analytical solutions has soared in recent years, both in Japan and worldwide. To respond to growing demand, Rigaku implemented this expansion with two key objectives in mind. One objective is to further reinforce the Company's ability to serve the needs of rapidly growing fields such as semiconductors and electronic components; batteries and battery materials; and life sciences. The other objective is to dramatically expand Rigaku's production capacity for the components that support the Company's product lineup generally. The components are the crystallization of Rigaku's core technologies and the wellspring of its competitive strength. To accomplish the two objectives described above, Rigaku plans to double its overall manufacturing capacity by 2027 (compared with 2022, unit basis). Rigaku aims to achieve this goal by expanding production space, through the construction of the New Building at Yamanashi Plant in addition to the expansion provided by Osaka Plant and external partners, and by shortening lead time to reinforce its supply chain. Yamanashi Plant: Advancing as a Comprehensive Manufacturing Base With the New Building's completion, Yamanashi Plant's floor space has expanded dramatically, almost tripling (2.7x) from 8,500 sqm to 23,000 sqm. Processes for manufacturing, assembly and shipping of X-ray diffraction systems, formerly distributed between Yamanashi and Tokyo, are now concentrated in spacious Yamanashi Plant, delivering a quantum leap in operational efficiency and ensuring stable supply of high-quality products. Rigaku is also advancing proving tests for automation of production processes at Yamanashi Plant. The Company's aim is to transform the Plant into a 'smart factory' that achieves excellence in both efficiency and quality. An eco-friendly 'plant in harmony with nature' Rigaku used eco-friendly construction methods to erect the New Building, taking care to reduce CO 2 emissions. To minimize energy waste, the facility is outfitted with high-efficiency equipment and solar-power generation systems. The New Building is a 'plant in harmony with nature,' contributing to the achievement of a sustainable society by reducing environmental impact. Jun Kawakami, President and CEO of Rigaku, offered the following comment: With this major floor space expansion, Rigaku is boosting manufacturing capacity and enhancing product quality to support its substantial growth. It also strengthens our ability to produce the components of our products, which are the foundation of Rigaku's competitive advantage. This facility is the key to ensuring that our existing customers continue to choose Rigaku, as well as helping Rigaku acquire new customers globally. The New Building is slated to begin operation in early June, gradually strengthening Rigaku's production framework. About the Rigaku Group Since its establishment in 1951, the engineering professionals of the Rigaku group have been dedicated to benefiting society with leading-edge technologies, notably including its core fields of X-ray and thermal analysis. With a market presence in over 90 countries and some 2,000 employees from 9 global operations, Rigaku is a solution partner in industry and research analysis institutes. Our overseas sales ratio has reached approximately 70% while sustaining an exceptionally high market share in Japan. Together with our customers, we continue to develop and grow. As applications expand from semiconductors, electronic materials, batteries, environment, resources, energy, life science to other high-tech fields, Rigaku realizes innovations 'To Improve Our World by Powering New Perspectives.' For details, please visit View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Wire
27-05-2025
- Business
- Business Wire
Rigaku Completes New Building at Yamanashi Plant
TOKYO--(BUSINESS WIRE)--Rigaku Corporation, a global solution partner in X-ray analytical technologies and a Group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; President and CEO: Jun Kawakami; hereinafter 'Rigaku') completed an additional manufacturing building (hereinafter 'the New Building') at Yamanashi Plant, Rigaku's main production facility. The facility was established to serve as the center of Rigaku's production framework, in anticipation of global business growth and expansion in product demand. Doubling of production capacity: a strategic base to support Rigaku's growth Demand for X-ray analytical solutions has soared in recent years, both in Japan and worldwide. To respond to growing demand, Rigaku implemented this expansion with two key objectives in mind. One objective is to further reinforce the Company's ability to serve the needs of rapidly growing fields such as semiconductors and electronic components; batteries and battery materials; and life sciences. The other objective is to dramatically expand Rigaku's production capacity for the components that support the Company's product lineup generally. The components are the crystallization of Rigaku's core technologies and the wellspring of its competitive strength. To accomplish the two objectives described above, Rigaku plans to double its overall manufacturing capacity by 2027 (compared with 2022, unit basis). Rigaku aims to achieve this goal by expanding production space, through the construction of the New Building at Yamanashi Plant in addition to the expansion provided by Osaka Plant and external partners, and by shortening lead time to reinforce its supply chain. Yamanashi Plant: Advancing as a Comprehensive Manufacturing Base With the New Building's completion, Yamanashi Plant's floor space has expanded dramatically, almost tripling (2.7x) from 8,500 sqm to 23,000 sqm. Processes for manufacturing, assembly and shipping of X-ray diffraction systems, formerly distributed between Yamanashi and Tokyo, are now concentrated in spacious Yamanashi Plant, delivering a quantum leap in operational efficiency and ensuring stable supply of high-quality products. Rigaku is also advancing proving tests for automation of production processes at Yamanashi Plant. The Company's aim is to transform the Plant into a 'smart factory' that achieves excellence in both efficiency and quality. An eco-friendly 'plant in harmony with nature' Rigaku used eco-friendly construction methods to erect the New Building, taking care to reduce CO 2 emissions. To minimize energy waste, the facility is outfitted with high-efficiency equipment and solar-power generation systems. The New Building is a 'plant in harmony with nature,' contributing to the achievement of a sustainable society by reducing environmental impact. Jun Kawakami, President and CEO of Rigaku, offered the following comment: With this major floor space expansion, Rigaku is boosting manufacturing capacity and enhancing product quality to support its substantial growth. It also strengthens our ability to produce the components of our products, which are the foundation of Rigaku's competitive advantage. This facility is the key to ensuring that our existing customers continue to choose Rigaku, as well as helping Rigaku acquire new customers globally. The New Building is slated to begin operation in early June, gradually strengthening Rigaku's production framework. About the Rigaku Group Since its establishment in 1951, the engineering professionals of the Rigaku group have been dedicated to benefiting society with leading-edge technologies, notably including its core fields of X-ray and thermal analysis. With a market presence in over 90 countries and some 2,000 employees from 9 global operations, Rigaku is a solution partner in industry and research analysis institutes. Our overseas sales ratio has reached approximately 70% while sustaining an exceptionally high market share in Japan. Together with our customers, we continue to develop and grow. As applications expand from semiconductors, electronic materials, batteries, environment, resources, energy, life science to other high-tech fields, Rigaku realizes innovations 'To Improve Our World by Powering New Perspectives.' For details, please visit
Yahoo
22-05-2025
- Business
- Yahoo
What Makes CSW Industrials (CSWI) a Great Stock Despite a Boring Business?
Investment management company First Pacific Advisors recently released its 'FPA Queens Road Small Cap Value Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned -2.51% compared to a -7.74% return for the Russell 2000 Value Index. President Trump announced his tariffs on April 2nd, causing equity markets to decline sharply and increasing volatility. Additionally, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, FPA Queens Road Small Cap Value Fund highlighted stocks such as CSW Industrials, Inc. (NASDAQ:CSWI). CSW Industrials, Inc. (NASDAQ:CSWI) is a diversified industrial company that operates through Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions segments. The one-month return of CSW Industrials, Inc. (NASDAQ:CSWI) was 0.05%, and its shares gained 22.92% of their value over the last 52 weeks. On May 21, 2025, CSW Industrials, Inc. (NASDAQ:CSWI) stock closed at $314.45 per share with a market capitalization of $5.277 billion FPA Queens Road Small Cap Value Fund stated the following regarding CSW Industrials, Inc. (NASDAQ:CSWI) in its Q1 2025 investor letter: "CSW Industrials, Inc. (NASDAQ:CSWI) sells HVAC and plumbing parts and accessories, mostly for professional tradespeople. This is one of those boring but surprisingly great businesses – margins are near 30% for what looks like a basic industrial company with low tech products. But CSW has scale and scope advantages across its product range, the products they sell are high value but low cost, and they benefit from a dynamic where the tradesperson chooses the product they are most familiar with but the end customer is the one who pays. CSW was a big beneficiary of Covid era inflation and stimulus. Despite fears of a slowdown, earnings in 2024 were exceptional. We have trimmed our position along the way as the stock price has increased." Close-up of a specialized engineer team examining architectural railings. CSW Industrials, Inc. (NASDAQ:CSWI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held CSW Industrials, Inc. (NASDAQ:CSWI) at the end of the fourth quarter which was 23 in the previous quarter. CSW Industrials, Inc. (NASDAQ:CSWI) reported revenue of $194 million in the fiscal third quarter of 2025, a $19 million or 11% increase when compared to the prior year period. While we acknowledge the potential of CSW Industrials, Inc. (NASDAQ:CSWI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered CSW Industrials, Inc. (NASDAQ:CSWI) and shared FPA Queens Road Small Cap Value Fund's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
