Latest news with #MichaelBrewer
Yahoo
08-07-2025
- Business
- Yahoo
StormTrap Announces Acquisition of Faircloth Skimmer, Expanding Stormwater Management Solutions Portfolio
ROMEOVILLE, Ill., July 08, 2025--(BUSINESS WIRE)--StormTrap, a leading provider of stormwater management systems, today announced the acquisition of Faircloth Skimmer, the leading manufacturer of surface drain dewatering devices used in sediment basins and stormwater ponds. This strategic acquisition enhances StormTrap's product offerings and reinforces its commitment to providing comprehensive, sustainable solutions for stormwater management. Founded in 2000, Faircloth Skimmer has built a strong reputation for its innovative floating skimmer technology, which helps improve water quality by removing sediment-laden water from construction sites and stormwater basins. The company's products are recognized for their reliability, regulatory compliance, and ease of installation, and have been used in thousands of construction projects across the United States. "We are thrilled to welcome Faircloth Skimmer to the StormTrap family," said Nate Olds, CEO of StormTrap. "Their cutting-edge products are a natural complement to our existing solutions, and this acquisition allows us to offer a more complete suite of stormwater management tools to our customers. Together, we will continue to lead the industry in innovation, quality, and environmental stewardship in every part of the country." The acquisition aligns with StormTrap's long-term growth strategy and strengthens its ability to deliver flexible, cost-effective solutions that span a broader range of the project lifecycle and meet the evolving needs of engineers, contractors, and municipalities in managing and treating stormwater. Faircloth Skimmer will maintain its brand in the marketplace in partnership with StormTrap, together upholding the high standards of service and product excellence that customers have long associated with both companies. "We are excited to join forces with StormTrap," said Michael Brewer, President & CEO of Faircloth Skimmer. "This partnership will allow us to scale our impact, reach new markets, and continue developing products that support sustainable construction and water management practices." Michael Brewer and the Faircloth team will continue in their current roles as Faircloth becomes a subsidiary and affiliate of StormTrap. StormTrap is a flagship company in the PSP Capital Partners portfolio. About StormTrap StormTrap is a leading provider of advanced stormwater management solutions across North America. Committed to protecting waterways and promoting sustainable infrastructure, StormTrap delivers engineered systems for detention, retention, infiltration, treatment, and water harvesting. Its proven, customizable solutions help civil engineers, developers, and municipalities meet stringent regulatory requirements while optimizing site design and reducing total project costs. StormTrap's product portfolio includes SingleTrap®, DoubleTrap®, ShallowTrap®, StormSettler®, SiteSaver®, TrashTrap®, and PumpGuard®. To learn more, visit About Faircloth Skimmer Faircloth Skimmer is a leading manufacturer of surface drain dewatering devices used in sediment basins and stormwater ponds. Its patented floating skimmer technology is widely adopted for its effectiveness in reducing sediment discharge and improving water quality on construction sites. To learn more about Faircloth Skimmer, please visit About PSP Partners and PSP Capital PSP Partners is a Chicago-based private investment firm founded by its Chairman Penny Pritzker, an entrepreneur, civic leader, and philanthropist, and former U.S. Secretary of Commerce. The firm is comprised of a highly experienced team of investment professionals and business builders focused on partnering with entrepreneurs, business owners, and management teams to build market-leading businesses and develop valuable assets. With investment strategies focused on established businesses (PSP Capital), emerging/growth companies (PSP Growth) and real assets (Pritzker Realty Group), PSP Partners invests across stages and asset classes with a primary emphasis on business & technology services, advanced industrials and real estate that are well-aligned with its expertise and experience. For more information, visit: View source version on Contacts Media Contact: Stefanie GeissDirector of MarketingStormTrapEmail: sgeiss@ Phone: (815-791-7291)
Business Wire
08-07-2025
- Business
- Business Wire
StormTrap Announces Acquisition of Faircloth Skimmer, Expanding Stormwater Management Solutions Portfolio
ROMEOVILLE, Ill.--(BUSINESS WIRE)--StormTrap, a leading provider of stormwater management systems, today announced the acquisition of Faircloth Skimmer, the leading manufacturer of surface drain dewatering devices used in sediment basins and stormwater ponds. This strategic acquisition enhances StormTrap's product offerings and reinforces its commitment to providing comprehensive, sustainable solutions for stormwater management. Founded in 2000, Faircloth Skimmer has built a strong reputation for its innovative floating skimmer technology, which helps improve water quality by removing sediment-laden water from construction sites and stormwater basins. The company's products are recognized for their reliability, regulatory compliance, and ease of installation, and have been used in thousands of construction projects across the United States. 'We are thrilled to welcome Faircloth Skimmer to the StormTrap family,' said Nate Olds, CEO of StormTrap. 'Their cutting-edge products are a natural complement to our existing solutions, and this acquisition allows us to offer a more complete suite of stormwater management tools to our customers. Together, we will continue to lead the industry in innovation, quality, and environmental stewardship in every part of the country.' The acquisition aligns with StormTrap's long-term growth strategy and strengthens its ability to deliver flexible, cost-effective solutions that span a broader range of the project lifecycle and meet the evolving needs of engineers, contractors, and municipalities in managing and treating stormwater. Faircloth Skimmer will maintain its brand in the marketplace in partnership with StormTrap, together upholding the high standards of service and product excellence that customers have long associated with both companies. 'We are excited to join forces with StormTrap,' said Michael Brewer, President & CEO of Faircloth Skimmer. 'This partnership will allow us to scale our impact, reach new markets, and continue developing products that support sustainable construction and water management practices.' Michael Brewer and the Faircloth team will continue in their current roles as Faircloth becomes a subsidiary and affiliate of StormTrap. StormTrap is a flagship company in the PSP Capital Partners portfolio. About StormTrap StormTrap is a leading provider of advanced stormwater management solutions across North America. Committed to protecting waterways and promoting sustainable infrastructure, StormTrap delivers engineered systems for detention, retention, infiltration, treatment, and water harvesting. Its proven, customizable solutions help civil engineers, developers, and municipalities meet stringent regulatory requirements while optimizing site design and reducing total project costs. StormTrap's product portfolio includes SingleTrap ®, DoubleTrap ®, ShallowTrap ®, StormSettler ®, SiteSaver ®, TrashTrap ®, and PumpGuard ®. To learn more, visit About Faircloth Skimmer Faircloth Skimmer is a leading manufacturer of surface drain dewatering devices used in sediment basins and stormwater ponds. Its patented floating skimmer technology is widely adopted for its effectiveness in reducing sediment discharge and improving water quality on construction sites. To learn more about Faircloth Skimmer, please visit About PSP Partners and PSP Capital PSP Partners is a Chicago-based private investment firm founded by its Chairman Penny Pritzker, an entrepreneur, civic leader, and philanthropist, and former U.S. Secretary of Commerce. The firm is comprised of a highly experienced team of investment professionals and business builders focused on partnering with entrepreneurs, business owners, and management teams to build market-leading businesses and develop valuable assets. With investment strategies focused on established businesses (PSP Capital), emerging/growth companies (PSP Growth) and real assets (Pritzker Realty Group), PSP Partners invests across stages and asset classes with a primary emphasis on business & technology services, advanced industrials and real estate that are well-aligned with its expertise and experience. For more information, visit:
Yahoo
07-07-2025
- General
- Yahoo
Aussie homeowners warned over hidden danger of common but 'invasive' backyard plant
With the winter solstice in the rearview mirror, many Aussie homeowners are looking forward to spring and preparing their garden for new growth. But that comes with warnings over the perils of certain types of plants and tress, even ones commonly found in backyards. Golden cane palms have long been a popular feature in Aussie yards, particularly in Queensland but green thumbs and pest controllers alike are warning about the costly drawbacks to the species. The Invasive Species Council of Australia has been campaigning hard in recent months about the scourge of invasive plants — including those sold at Bunnings — both for their impacts on gardens as well as Australia's broader landscape. While native to Madagascar, golden cane palms (Dypsis lutescens) are commonly found in Aussie gardens but are considered invasive in some areas due to their aggressive growth, disruptive fibrous root systems and ability to outcompete native vegetation. Despite that, they've long been a bit of a favourite around pools and provide shade and privacy near bedrooms. But experts warn they can lead to costly and unforeseen issues, including "aiding and abetting" termites. Termites can be attracted to palms, often nesting in the base of the tree, Brisbane-based pest controller Michael Brewer told Yahoo News Australia. And their disruptive roots can even become highways into your home if planted nearby. "Their roots are quite invasive, and if there's an existing termite treatment in the soil against the wall of a house, it can compromise that treatment... over time, the roots can grow through and move the soil around and create little paths where the termites can get through," he explained. The invasive roots can cause cracks in foundations and open up gaps for termites to exploit, while also making it difficult for pest controllers to apply chemical deterrents in the soil around the home. "We find it difficult because when we're doing the treatments, it's very hard to dig because [the roots] are a thick matting," he said. "People spend thousands of dollars on these treatments, and the roots could compromise that – it's something that might unknowingly cost them money... In some ways it's very similar to cracked pavers, it's an expense you don't realise as it's happening." 🐰Photos show destruction as invasive species 'take over' caravan parks 🏡 Aussie man locked in $100k battle with council over tree complaint 🌸 Warning to remove 'pretty but invasive' plant taking over Aussie gardens Michael, who is the director at Termite Guys in Brisbane, attended a property in recent weeks that had a large termite nest at the base of a golden palm tree. He shared a photo (seen above) with Yahoo of the sizeable nest. While palms can be great in certain areas of the garden, they can disrupt things like retaining walls and footpaths. "We do see some cracking in things like retaining walls that are caused by, well, all palms really," Michael said. One Brisbane homeowner found that out the hard way earlier this year when her golden cane palms ended up costing her $15,000 when they dislodged paving around her pool. "If I had done the original landscaping ... I would never have planted palm trees," she told Yahoo. Golden cane palms can be bought at Bunnings for about $30, but one Brisbane gardener has urged Aussies to think twice before buying them. "Bunnings sell these plants by the container full," he said in a recent video that heavily criticised the "rubbish" plant, and has been watched more than 100,000 times on TikTok. He warned they can take over your garden when not maintained, and will continually drop fronds. Plenty of Aussies seemed to share his distaste in the comments, with one gardener referring to them as the "devil's plant". "I bought three palms for $45, and 20 years later it costs $2,500 to get them removed," one person said. "My dad planted a tonne of these around the boundaries of all of his properties, they were $2 a plant in the 90' how we spent our weekends, a never ending cycle of cleaning and burning the fronds ... Not to mention the cockroaches that bred in them as well," another person commented. Others, however, said they were fine plants when kept in pots. Love Australia's weird and wonderful environment? 🐊🦘😳 Get our new newsletter showcasing the week's best stories.
