Canada – SpecNews

Orbite Provides HPA Construction Update

Certain information contained in this document may include “forward-looking information”.
Following the dispute settlement, it was determined that working through the Québec end-of-year construction holiday (December 18th – January 3rd) would not result in commercial production prior to year-end.
MONTREAL, QUEBEC–(Marketwired – Dec 15, 2015) – Orbite Technologies Inc. (ORT.TO)(EORBF) (“Orbite” or the “Company”) announced today that a dispute, now resolved, with one of its contractors will push the end of construction of its HPA production facility and start of commercial production into Q1 2016.
In this document, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar words and the negative form thereof are used to identify forward-looking statements.
Without limiting the foregoing, the information and any forward-looking information may include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items.

Mass timber could prove to be a viable alternative to concrete and steel for mid-to-high rise buildings.
We don’t see mass timber replacing those, it just becomes another option when certain parameters and goals apply to a project.”
Called mass timber, the material is an umbrella term for large, solid chunks of panelized wood.
Out of the mass timber initiative, CLT might prove to change the construction paradigm.
Two urban building projects, in New York City and Portland, Oregon, will be changing their city’s skylines with an environmentally sustainable, cost-competitive building material.

Mortenson Construction, a recognized leader in energy and transmission infrastructure in North America, today announced it is entering the energy storage market.
The company will serve various roles in the engineering, construction and integration of energy storage systems interconnected to local energy grids and behind-the-meter commercial applications.
Driving this activity is increasing renewable energy generation, supportive policies and regulations, and growth of smart grids and energy infrastructure.
About Mortenson
Founded in 1954, Mortenson is a U.S.-based, family-owned construction and development services company.
Storage systems can provide near instantaneous injections of power to facilities and infrastructure without the inefficiencies of bringing additional power generation online.