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Associated Press
13-05-2025
- Sport
- Associated Press
Tarkett Sports Launches ClassicCourt(TM), the 50-Year Post-Tension Concrete Court System
Built to last, ClassicCourt sets a new benchmark for quality in racquet and multi-sport court construction CALHOUN, GEORGIA / ACCESS Newswire / May 13, 2025 / Tarkett Sports proudly announces the launch of ClassicCourt™-a world-class post-tension concrete court system engineered for exceptional strength, durability, and long-term value. Backed by an industry-leading 50-year structural warranty, built with patented technology, and installed by PTI-certified professionals, ClassicCourt raises the standard for tennis, pickleball, basketball, and multi-sport facilities. While traditional asphalt courts are vulnerable to surface issues-especially in areas with unstable soil-ClassicCourt is designed to outperform. The result: fewer disruptions, reduced maintenance costs, and greater long-term reliability for facility owners. ClassicCourt delivers leading value for sports facilities: ClassicCourt helps solve the challenges commonly associated with traditional asphalt with a precision-engineered post-tension concrete system. It uses high-performance U.S.-made steel cables, powder-coated hardware, and a patented Diamond Coating to regulate moisture release, which helps prevent surface bubbling and common acrylic adhesion issues. Designed to 'float' over the ground, the ClassicCourt slab is held in a constant state of compression, absorbing movement and resisting structural cracking. Post-tension concrete has been used in the commercial and residential construction industry since the 1950s. The method is frequently used in parking garages, high-rise buildings, bridges, and stadiums-all environments where structural integrity and long-term durability are critical. Developed by leading experts in post-tension construction, ClassicCourt brings together decades of experience from industry-leaders and highly respected experts including Greg McKenna (Renner Sports), Richard Zaino (Zaino Tennis), Brandon Jackson (Tarkett Sports Construction - Central), and John Eren (Classic Turf) - now all part of Tarkett Sports. Every ClassicCourt system is installed under the supervision of a Post-Tensioning Institute (PTI)-certified professional. Already trusted by leading institutions like the University of Utah, Apex Park & Recreation District, Tufts University, Vassar College, Kansas City Parks & Recreation, Claremont McKenna College, Saddleback College, and City of Eugene, ClassicCourt is ideal for both new court construction and asphalt court overlays, reducing demolition costs and minimizing downtime. Fully customizable, ClassicCourt can be surfaced with various premium acrylic systems, ensuring each facility achieves the desired color, texture, and pace rating. As a Proud Partner of the PPA Tour, ClassicCourt is also helping the Professional Pickleball Association inspire the next generation of athletes and support youth health through sport. ClassicCourt also expands Tarkett Sports' collection of surfacing solutions, including design & construction, turf, track, courts, and indoor flooring, offering customers a full-service turnkey solution. Start planning your court at ### ABOUT TARKETT SPORTS Tarkett Sports is a world leader in sports construction and surfacing, providing architectural design, full-scope construction services, and a comprehensive portfolio of industry-leading sports surfacing solutions. It is the industry leader in artificial turf, running tracks, post-tension concrete courts, hybrid grass, and gymnasium and fitness flooring. With over 25 years of experience and more than 80,000 installations worldwide, Tarkett Sports is dedicated to delivering innovative and sustainable solutions that enhance athletes' experiences and community well-being. Learn more about Tarkett Sports at Contact Information Iannick Di Sanza Director of Marketing, Tarkett Sports [email protected] +1 (514) 885-8638 SOURCE: Tarkett Sports press release
Yahoo
06-02-2025
- Business
- Yahoo
VCs prepare for the fog of (trade) war
Good morning. Greg McKenna here pinch-hitting for Allie and Leo today. Venture investors have been licking their lips for a wave of deregulation and lower interest rates to unlock pent-up demand for exits and a boom in M&A. What happens to those dreams—and the venture business broadly—in a trade war though? It's a question that's likely to become increasingly top-of-mind for anyone in the startup economy in coming months, as tariffs, counter tariffs, and other bellicose measures roil the waters of global trade. I polled some VCs and others close to the startup scene to take their temperature as Trump's tariffs on Mexico, Canada, and China were announced (and in two out of the three cases, delayed). Bradley Tusk, founder and CEO of Tusk Venture Partners, told me over text that many startups won't be impacted by the tariffs directly. But the tariffs could have ripple effects that are felt across the technology industry ecosystem. The concern lies in broader economic consequences as VCs and companies expect a liquidity boom from an uptick in IPOs and M&A. "When the markets are plunging because of tariffs, that hurts potential venture exits too,' Tusk wrote, 'so tariffs are a problem even if indirectly.' Umesh Padval, a managing director at Thomvest Ventures, says the short-term impact of tariffs on his portfolio companies—mostly software firms involved with cybersecurity, cloud, or GenAI infrastructure—is virtually nonexistent. But, he said, he's assuming everything will be resolved in the next three to four months. If they're not, and widespread tariffs cause persistent inflation, 'then I would have a different answer,' said Padval, who is a former tech CEO and partner at Bessemer. Monday's eleventh-hour deals with Mexico and Canada delaying the tariffs offered a temporary reprieve, but the risk of a trade war continues to loom large, not least because of Trump's warning to the European Union that it could be his next target. All that uncertainty creates a challenge for VC dealmakers, says Hooman Yazhari, a partner at law firm Michelman & Robinson with over 25 years of experience in private capital. While Yazhari stressed that he's not professing doom and gloom, he said that VCs may handle the uncertainty by standing pat and waiting for clarity—'which is very difficult if you've got a portfolio company that needs money for the next round,' he said, 'or were diligencing someone and suddenly you're like, 'Okay, we'll talk to you again in six months.'' Another question is how foreign funds, including Canadian LPs, will react to the geopolitical tensions. The Ontario Teachers' Pension Plan, which manages $216 billion in assets, per PitchBook, did not respond to a request for comment. At Eclipse, meanwhile, partner Aidan Madigan-Curtis is focused on companies set on disrupting areas like manufacturing, logistics, minerals, and energy—all places where tariffs loom large. She's far from panicking, though. She believes Eclipse, which boasts $5 billion in assets under management and is invested in top IPO candidate and Nvidia competitor Cerebras, is well-positioned to take advantage of America's recent shift to onshoring. 'There [are] lots of different ways things can play out,' she said. 'I think what I heard, and what we heard, from the last few days was this focus on re-industrialization is real, and it's going to be a key priority, and that companies and talent that are focused on this will really stand to benefit.' As the current U.S. President is fond of saying: We'll see what happens. Greg McKenna Email: a deal for the Term Sheet newsletter here. Nina Ajemian curated the deals section of today's newsletter. Subscribe here. This story was originally featured on
