Rebranded Products Shown at Equip Exposition 2023

WEST FARGO, N.D.–(BUSINESS WIRE)–Doosan Bobcat, Inc., a company within Doosan Group, has expanded its global branding strategy as it announces its RYAN® turf renovation equipment will rebrand under the Bobcat trade dress in 2024. Bobcat, a global compact equipment, innovation and worksite solutions brand, invented the compact equipment industry when it introduced the first compact loader in 1958.

RYAN equipment joined the Doosan Bobcat portfolio in 2020, following the acquisition of BOB-CAT Mowers and the Steiner and RYAN brands of grounds maintenance equipment from Schiller Grounds Care, Inc. RYAN has produced trusted turf renovation equipment for more than 75 years and features a unique product lineup including aerators, sod cutters, dethatchers, power rakes, overseeders and other specialty products that serve landscaping and grounds care professionals across a variety of industries including golf, sports turf, landscaping and rental.

Following the company’s success in new product industries such as mowers, compact tractors and grounds maintenance equipment, Bobcat has streamlined its branding approach to strengthen overall brand equity, market recognition and consumer recall of all product offerings. The transition aims to create a cohesive customer experience and grow the organization’s footprint, making the brand more accessible to more customers in more places.

“Bobcat has been a recognized name for decades—known for its toughness and versatility. We are proud to extend the brand to new product categories so we can empower even more people to accomplish more,” said Scott Park, Doosan Bobcat CEO and vice chairman.

Earlier this year, Doosan Bobcat announced its Doosan Portable Power, Doosan Industrial Air and Doosan Industrial Vehicle brands would transition into the Bobcat product portfolio in North America and applicable markets worldwide in 2024.

“The Bobcat brand has grown tremendously over the past years, and we recognize the opportunity to further unleash the brand in bold, new ways by extending it into new product categories as we grow our brand portfolio,” said Laura Ness Owens, Doosan Bobcat vice president of global brand and North American marketing.

With this refreshed identity, RYAN products will undergo design and aesthetic changes in alignment with current Bobcat branding. The turf renovation equipment is produced at the Doosan Bobcat manufacturing facility in Johnson Creek, Wis., and will continue to be manufactured there following the brand transition.

Bobcat-branded RYAN equipment, along with its newly rebranded portable power, industrial air and material handling, is expected to be available for customer purchase through Doosan Bobcat’s extensive, global dealer network in 2024. Bobcat and these rebranded product lines will proudly remain part of the broader Doosan Group portfolio.

The Bobcat-branded turf renovation products will be displayed in the Bobcat indoor booth (3052) at Equip Exposition in Louisville, Ky., from Oct. 17-20.

Media Resources: For more information and visual assets of rebranded prototype machines, please visit this Dropbox link.

About Bobcat

Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. In 2024, Bobcat will expand its brand with the addition of portable power, industrial air, industrial vehicle and turf renovation offerings. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry with its new and innovative offerings.

The Bobcat brand is owned by Doosan Bobcat, Inc., a company within the Doosan Group. Committed to empowering people to accomplish more, Doosan Bobcat is dedicated to building stronger communities and a better tomorrow.

©2023 Doosan Bobcat, Inc. All rights reserved.

Contacts

Nadine Erckenbrack, Bobcat Public Relations Manager

Email: na.newsroom@doosan.com
Mobile: 701-205-9207

AUSTIN, Texas–(BUSINESS WIRE)–#Sustainability–Commercial building owners in Alberta and Saskatchewan will be able to upgrade their buildings with energy-efficient solutions and zero upfront costs. Efficiency Capital, Canada’s first energy-as-a-service company, has partnered with CLEAResult, the nation’s leading energy efficiency solutions provider, to launch this innovative initiative.

Businesses in Alberta and Saskatchewan can complete energy efficiency upgrades without any upfront capital. The investment is paid back over time from the savings generated, resulting in increased building values and positive cash flows from day one. In addition to access to preferred project capital, businesses will also enjoy the support of an expert project team to help manage the project’s implementation, leaving building owners to focus on what matters most—their business operations.

Qualifying projects will undergo a diverse range of energy retrofits, including—but not limited to—building envelope improvements, on-site renewable energy generation and fuel switching for retail spaces, warehouses, accommodation and food service facilities.

“Energy efficiency and economic stimulus go hand in hand,” says Chandra Ramadurai, CEO of Efficiency Capital. “We’re thrilled to provide capital and turn-key execution for these cash flow-positive projects that Alberta and Saskatchewan building owners can use as an opportunity to lower energy costs in their facilities while creating jobs and environmental benefits that support the whole community.”

Efficiency Capital, which has a significant track record of deploying capital for energy upgrade projects across the country, will bring in the required funding and project management capability, while CLEAResult will leverage its experience and reputation as a leading program execution partner to identify, plan, leverage funding programs and support the execution of these projects.

“Our biggest challenge is that there’s so much money available, and not enough businesses are taking advantage of it,” Keri Macklin, CLEAResult’s Vice President of Decarbonization, explains. “Deploying this much capital for energy conservation as quickly as we plan to has never been done, and we’re excited to make it happen.”

We are now accepting applications for our first cohort until 31 October 2023. To apply for funding and find more details on the program, visit clearesult.com/canada/programs/energy-efficiency-retrofit-program.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint. CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.com.

Follow us on: Facebook | LinkedIn | Twitter | Instagram

About Efficiency Capital

Efficiency Capital (EC) is Canada’s first energy-as-a-service company that develops, funds and manages net-zero projects in the built environment. Incubated by The Atmospheric Fund (TAF) – a regional climate agency, EC seeks to increase the flow of third-party capital into such projects by leveraging strategic partnerships with various banks, impact investors, community foundations and other organizations to enable the transition to an energy efficient, low-carbon economy. EC has announced many new partnerships in Nova Scotia, Quebec and Alberta as it seeks to expand across the country and has access to significant low-cost project funding to deliver fully funded, turnkey and de-risked decarbonization solutions.

For more information, visit: www.efficiencycap.com.

Follow us on: LinkedIn | Twitter

Contacts

CLEAResult

Amber Tester

Director Corporate Communications

media@clearesult.com

Efficiency Capital

Manasvi Thakur

Account Manager

manasvi@bubblegumcanada.com
437-366-4207

 

BEACHWOOD, Ohio–(BUSINESS WIRE)–Tremco CPG Inc. (“Tremco”) today announced the acquisition of the wall system fabrication segment of NOW Specialties, LLC (“NOW”). Located in Carrollton, Texas, NOW is a leading panel wall system fabricator specializing in Metal Composite Material (MCM) and Aluminum Composite Material (ACM) panels. The installation side of the business was not acquired and continues to operate as NOW Specialties.

“This acquisition represents a major step toward establishing Tremco as the leader in offsite construction – a significant and growing trend and a key strategic direction for the organization,” said Ron Kaminski, President, Tremco Commercial Sealants & Waterproofing Division. “Besides adding MCM and ACM to our growing Modulite™ panel fabrication program, this acquisition aligns with our core value proposition of delivering systems that are easy to build and maintain, virtually impervious to the elements and can be customized to provide nearly any desired look.”

Building Envelope Testing for Code Compliance, Performance and the Health and Safety of Occupants

“The NOW-8000 system was particularly attractive to us because it has been tested in full accordance with 2015 IBC 1407 (metal composite materials) and 2015 IBC 1703.5 (labeling) and, since 2018, can bear the Intertek mark,” Kaminski says.

NOW Specialties was the first US MCM fabricator to comply with IBC 2015 labeling requirements. A drained/back-ventilated rainscreen, the NOW-8000 system is lightweight, easy to install, designed around proven route-and-return and tongue-in-groove technology, and meets the latest, most rigid test standards and building codes.

NOW’s commitment to third-party certification aligns with Tremco’s focus on tested systems. More than ten years ago, Tremco invested in what is now the Tremco Building Science Laboratory. Developed in collaboration with the Air Barrier Association of America (ABAA) and with input from the building science community, the Tremco Building Science Laboratory is a state-of-the-art facility for testing air and moisture infiltration/exfiltration in building enclosures, pushing systems beyond ASTM standards to help avoid energy loss, structural deterioration and poor indoor air quality.

Supporting Growth of Offsite Construction

The benefits of offsite construction – including improved efficiency, higher quality and a faster path to revenue for building owners – are well documented and have contributed to the increased adoption of this building method. With increased adoption comes the demand for more design options.

“The acquisition of NOW’s wall system fabrication segment allows us to expand our Modulite offerings, giving our customers additional choices, which already include several Outsulation® continuous insulation panel types featuring a wide range of Dryvit® brand finishes replicating brick, stone, woodgrain, granite, metal and more,” Kaminski says.

Tremco’s network of offsite and modular construction specialists is available to help both those considering offsite construction and those new to this method who may require additional technical support and assistance.

The Single-Source Building Envelope

With the addition of ACM and MCM panels to the Tremco portfolio, building developers, designers and owners who want a metal panel facade can reduce risk and minimize the chances of envelope failure by taking advantage of fully tested, compatible building envelope systems and single-source warranty. This can include below-grade waterproofing, air barriers, sealants, expansion joints, traffic coatings and more.

About Tremco Construction Products Group

Tremco CPG Inc. is part of Tremco Construction Products Group (“Tremco CPG”). Leading Tremco CPG brands include Tremco Commercial Sealants & Waterproofing, Tremco Roofing & Building Maintenance, Tremco Barrier Solutions, Dryvit, Nudura, Prebuck, Willseal, Giraffe, Pure Air, Canam, WTI and WTC.

Together, Tremco CPG companies form an industry-leading provider of comprehensive systems and services for all six sides of the building enclosure. Whether new construction or restoration, commercial, residential, in-field or in-plant – structures with Tremco CPG systems are easier to build and maintain, virtually impervious to the elements, and can provide any look desired. For restoration and renovation of existing structures, Tremco CPG’s six-sided solutions deliver demonstrable performance at the lowest possible life cycle costs and ensure peace of mind through long-term warranties and maintenance programs. For more information, visit tremcocpg.com.

Contacts

John Buckley

Marketing Communications Senior Director

P 224.456.4601

jbuckley@tremcoinc.com

Momentum builds for ribbon cutting ceremonies introducing The Well as Toronto’s most dynamic mixed-use destination

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) and Allied Properties Real Estate Investment Trust (“Allied”) (TSX: AP.UN) provided the initial retail tenant roster for The Well. New tenants slated to open include a curated mix of beloved local brands, innovative concepts, multi-nationals and new entries into the Toronto market.

“RioCan and Allied are very excited to welcome retail tenants to The Well, our flagship mixed-use development in Toronto. RioCan has carefully curated a mix of dynamic and diverse tenants that define The Well as an extension of the vibrant and thriving King West district,” said Jonathan Gitlin, President and Chief Executive Officer of RioCan. “The ideal combination of location, thoughtful pedestrian-focused design, and community building establishes The Well as a quintessential urban hub hosting office workers and residents and attracting many more as a popular destination for shopping, dining, and special events.”

Incoming retail tenants represent exciting new opportunities to eat, shop, experience and connect at The Well and include necessity-based, experiential and service-oriented retailers. A complete listing of retail tenants can be found on The Well’s website at www.thewelltoronto.com, including those showcased below.

• Food: Each new restaurant and bar at The Well are an intentionally designed integration of culinary experiences that celebrate Toronto’s diverse food scene. The 38^th floor of The Well’s office tower features the highly anticipated Aera restaurant with an expansive rooftop patio that provides dramatic views of Toronto and Lake Ontario. With more than 55 food purveyors, The Wellington Market will offer everything from core essentials to the adventurous, complemented by National, a beer market inspired by North American tastes, with food, games, events, and select craft beers. The Wellington Restaurants present a full suite of inspired restaurants and bars and include new concepts such as La Plume, The Dorset and Bridgette Bar; and Montreal favorites, Mandy’s Gourmet Salads and L’Avenue; as well as the debut of LuLu Bar.
• Health & Wellness: Catering to the well-being of guests, The Well offers a host of health-focused amenities, including previously announced Sweat and Tonic, a fitness and wellness boutique, and Shoppers Drug Mart, Canada’s largest pharmacy. HealthOne Medical & Wellness is a full-service medical clinic offering medical, dental, rehab, wellness, mental health, optometry and skin clinic; an all-in-one centre will also be at The Well.
• Everyday conveniences: In keeping with the open street and pedestrian-centered environment of The Well is a host of retailers offering everyday conveniences, including barista-style cafés such as De Mello Coffee; Fix Coffee + Bikes; and Quantum Coffee. For 24/7 convenience, Aisle 24, a fully-automated, cashier-less grocery store will open its newest store serving residents and visitors at The Well. Other convenient amenities include personal banking with Bank of Montreal; Royal Bank; and Scotiabank branches, as well as beauty and grooming from Etiket; Room1six and Vie Nail & Beauty Salon.
• Elevated Retail: Reinforcing The Well’s seemingly endless amenities, retailers from multi-nationals to independent boutiques are setting up shop. Recognizable brands include consumer favourites such as Adidas; Indigo; Structube; The Bone & Biscuit; Bailey Nelson; and Le Creuset. And most recently, Sephora and Frank & Oak will join The Well’s roster of tenants. Leaning into The Well’s King West character is a slate of chic boutiques including Black Rooster Décor; Design Republic; Giotelli; Gotstyle; Groovy Shoes; and Suetables.

Retail tenants are expected to physically open in phases through the remainder of 2023 and into 2024. As we finalize additional lease deals, more announcements of exciting retailers opening at The Well are forthcoming. To celebrate the openings, a ribbon cutting event is scheduled for November 17, 2023 at The Well.

Office and Residential Update:

• Office: The 38-storey, 1.2 million square feet ⁽¹⁾, office space at The Well is stabilized at 98% leased. The office component of the Well is registered under the LEED® green building rating system and is targeting a LEED® Platinum certification.
• Residential: Residences at The Well comprise six buildings offering approximately 1,700 condominium and purpose-built rental suites. FourFifty The Well, the residential rental tower at the Well, is owned by RioCan in partnership with Woodbourne Canada Partners (“Woodbourne”). This 46-storey, 592 units, luxury residential rental tower offers modern amenities, superior services and direct access to The Well’s commercial conveniences through its retail podium. This building commenced pre-leasing in March 2023 and is currently 30% leased. With tenant move-ins starting on August 1, 2023, FourFifty The Well is now 21% occupied. Woodbourne owns the other two residential rental buildings, totalling 330 units, which have achieved 65% leased in aggregate. For the three condominium buildings, developed by Tridel Builders Inc., occupancy has commenced for two of the buildings. Occupancy activity for residences at The Well further underscore the desirability and demand for this mixed-use community.

About The Well

The Well is a joint venture between RioCan and Allied. Situated at Front, Spadina and Wellington, spanning more than three million square feet, The Well comprises seven mixed-use towers and mid-rise buildings. This interconnected mixed-used development introduces new residential housing, a relevant urban streetscape of retail experiences and concepts in approximately 320,000 square feet ⁽¹⁾ of indoor and outdoor space and workspace solutions for thousands of users across 1.2 million square feet ⁽¹⁾ of office. Once complete, The Well will draw people from down the street and across the globe to eat, shop, work, live and play in Toronto.

1) Square footage measures are based on gross leasable area for retail and office space

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail- focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at June 30, 2023, our portfolio is comprised of 193 properties with an aggregate net leasable area of approximately 33.5 million square feet (at RioCan’s interest) including office, residential rental and 11 development properties. To learn more about us, please visit www.riocan.com.

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

Forward Looking Information – RioCan

This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects RioCan’s objectives, strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events.

Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in RioCan’s MD&A for the period ended June 30, 2023 and in its most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information.

The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing RioCan’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Forward Looking Information – Allied

This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects Allied’s objectives, strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events.

Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on Allied’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in Allied’s MD&A for the period ended December 31, 2022 and in its most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information. The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing Allied’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Contacts

RioCan

Jonathan Gitlin

President and Chief Executive Officer

(416) 866-3033

Allied

Cecilia Williams

President and Chief Executive Officer

(416) 977-9002

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that it is open for business in Vermont, increasing the company’s presence to 49 states and the District of Columbia in the U.S. and four Canadian provinces.

“We are thrilled to launch in Vermont, which has led the nation in inbound movers for two years in a row¹,” Real Chairman and Chief Executive Officer Tamir Poleg said. “Real’s tools, technology and culture of collaboration will be attractive to agents looking to differentiate themselves with clients and build long-term wealth, especially in today’s low inventory market that is keeping sellers on the sidelines and pricing many buyers out.”

Joining Real as Principal Broker in Vermont is Sandy Reavill. A long-time real estate investor and educator, Reavill went into residential real estate full-time when the pandemic closed schools. During her first year as an agent, she closed 61 transactions.

“As real estate professionals, we need to be more agile than ever before – clients are demanding it,” Reavill said. “Real’s technology platform which is all about increasing agent productivity will allow me to focus on what’s most important, helping my clients find their dream homes.”

Real’s expansion to Vermont follows its launch in West Virginia last month and marks its fourth state opening in 2023.

¹ According to United Van Lines’ 46th annual National Movers Study.

About Real

The Real Brokerage Inc. (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 49 states, D.C., and four Canadian provinces with more than 12,000 agents. Additional information can be found on its website at www.onereal.com.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s ability to continue to expand its presence to additional locations.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns and Real’s ability to attract new agents and retain current agents. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Dealer management software company recognized for revenue and employment growth for a second consecutive year

CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global provider of enterprise software for equipment dealers, today announced it is listed among the 2023 Triangle Business Journal Fast 50. This is the second consecutive year the company has been selected to appear on this annual list.

The Fast 50 annual awards program recognizes the most dynamic, fastest-growing private companies in Raleigh, Durham and across the Triangle. Winners are selected and ranked based on a formula that includes dollar growth, percentage rate of growth, and profitability during a three-year period. Winners will be recognized during an awards ceremony on November 8.

“It’s exciting to be included on this prestigious list again this year, which reflects the value we provide equipment dealers who want to modernize their business operations,” said Jeff Hart, President and CEO of e-Emphasys. “With the right technology, these dealerships can transform and grow, digitalizing their processes and harnessing the power of their data. We’re here to support them in their journeys to operate more efficiently, better serve customers, and increase profitability.”

For more than 20 years, e-Emphasys has served the equipment dealership industry and its various market sectors. The company’s software suites, e-Emphasys ERP and IntelliDealer, allow clients to connect every function of their dealerships to standardize and automate workflows, access real-time analytics, and make data-driven decisions.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is the leading global provider of dealer management software. Our e-Emphasys ERP and IntelliDealer solutions give agriculture, construction, heavy truck, material handling and other equipment dealers the digital transformation and data intelligence technology to better manage and grow their businesses. Designed to meet these clients’ industry-specific needs, our platforms connect every aspect of dealership operations and provide the insights to increase efficiency, customer satisfaction and profitability. We’re proud to support the ecosystem of manufacturers, dealers and their customers who help the world run every day. Learn more at www.e-emphasys.com or follow us on LinkedIn.

Contacts

Media:
Lisa Williams

press@e-emhasys.com
+1 339. 788. 0067

• Study quantifies impact of technology upgrades on energy performance and carbon reduction in office buildings
• Research finds retrofitting buildings using a digital-first approach is best pathway to decarbonization

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Retrofitting buildings using a digital-first approach is the best pathway to decarbonization, according to new research from Schneider Electric, the leader in the digital transformation of energy management and automation.

Buildings represent an estimated 37 per cent of global carbon emissionsⁱ, and as about half of today’s buildings are still likely to be in use in 2050ⁱⁱ, the sector must urgently reduce operational carbon emissions, by making buildings more energy efficient.

The research findings show that deploying Schneider Electric’s digital building and power management solutionsⁱⁱⁱ in existing office buildings could reduce their operational carbon emissions by up to 42 per cent with a payback period of less than three years. If fossil fuel-powered heating technologies are replaced with electric-powered alternatives, and a microgrid with local renewable energy sources is installed, all-electric, all-digital buildings will see an additional 28 per cent reduction in operational carbon emissions resulting in a total reduction of up to 70 per cent.

Mike Kazmierczak, Vice President of the Digital Energy Decarbonization Office, the team leading the science-based research and product innovation to accelerate the energy transition within Schneider Electric’s Digital Energy division, explained that, “Tackling operational emissions is the number-one lever to decarbonize existing buildings at scale and achieve net-zero emissions targets by 2050. This breakthrough research reveals that reducing carbon emissions by up to 70 per cent is feasible if we transform our existing building stock into energy-efficient, fully-electrified and digitized assets.”

The research, carried out with the global design firm WSP, is based on modeling the energy performance and carbon emissions of a large office building built in the early 2000s across various U.S. Climate Zones^iv. This digital approach to building renovations is, however, applicable to all building types and climates, and is, therefore, the most effective building decarbonization strategy, yielding fast results with lower ‘upfront carbon’^v.

Renovating through the deployment of digital technologies is not only less disruptive to daily operations, but also more effective from a lifecycle carbon perspective. Failing to rapidly decarbonize buildings could also result in stranded assets that lose value and are unattractive to both investors and tenants.

Furthermore, recent research from the Boston University Institute for Global Sustainability and the Schneider Electric Sustainability Research Institute estimates that there is a sizable potential to create new jobs through the transition to low-carbon buildings.

Schneider Electric is widely recognized as an impact company and a leader in decarbonization. Its connected products, software and sustainability services help drive operational efficiency, eliminate energy waste, and provide strategies for carbon reduction in buildings, factories, data centers, infrastructure, and homes. Schneider Electric’s research and decarbonization scenarios offer immediate, practical solutions to help organizations navigate the complexities of the energy transition.

To learn more about the findings of Schneider’s research and three step process (strategize, digitize, decarbonize) to accelerate the path to net-zero buildings, visit here.

Related resources:

• Decarbonize the Office: Unleash the Power of Digital Solutions for Building Renovations
• A structured methodology for planning commercial real estate portfolio decarbonization
• The Path to Net-Zero Buildings: A 3-step guide to turn sustainability ambitions into actions
• Back to 2050: a major report on how 1.5°C is more feasible than many think

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com/ca

Discover Life Is On     Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.

Hashtags: #ClimateWeekNYC #CREtechNewYork2023 #Buildings of the Future

_______________________

ⁱ Tracking Clean Energy Progress (International Energy Agency 2022). 

ⁱⁱ Energy Technology Perspectives (International Energy Agency 2020). 

ⁱⁱⁱ Schneider Electric solutions include EcoStruxure Building Operation, EcoStruxure Building Advisor, Connected Room Solutions, Accusine power factor correction and harmonic filtering, PowerLogic submetering 

^iv Using the ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) 90.1-2004 baseline for large offices (12-stories, 46728 m2). 

^v Upfront carbon refers to the emissions primarily related to the extraction and production of building products and materials

Contacts

Media Relations – Edelman on behalf of Schneider Electric

Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com