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GRHU this week announced the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GRHU's brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GRHU has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
"These contract awards with new and existing clients is a reflection of the trust our customers have in GreenHouse's commitment to delivering top-quality products and services," said Russ Earnshaw, President of GRHU. "We are extremely proud of LPI's ability to immediately secure highly desirable contracts within an industry with high barriers to entry. Management remains dedicated to strengthening our associations with the Directors of government agencies and expanding our geographic footprint as we continue to increase revenue, grow earnings and improve overall shareholder value."
Billy Jones, founder of LPI, and Vice President of Government Services for GRHU, commented, "Our Rapidly Assembled Portable Structures are vital for numerous governmental sectors that require the ability to provide immediate, safe, and effective shelter in a variety of terrains and climates. We are confident that our advanced portfolio of product offerings and long-held industry associations provide a competitive advantage within both the governmental and commercial market. We look forward to servicing our clients and gaining new customers as we continue to establish ourselves as a leader in the environmental energy solutions sector."
In other company news, GRHU recently announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant. GRHU is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.
“Auto-DR is a perfect complement to Greenhouse’s vision to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GRHU. “We are truly honored to be selected to partner with Pepsi and we are looking forward to the Auto-DR projects as the first of many opportunities to be included in Pepsi’s corporate sustainability initiatives. This project goes to the heart of Greenhouse’s mission to deliver green solutions that reduce energy consumption with a positive return on investment.”
PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.
“It’s clear to Pepsi that both Southern California Edison and GreenHouse are working in the best interests of Pepsi and other ratepayers with their Auto-DR program,” said Pablo Cussatti, Vice President of Manufacturing at Pepsi Beverages Company West. “We are pleased to be doing our part for the environment and promote the responsible management of critical resources like the electric grid.”
In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.
GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
Johnson & Johnson (NYSE:JNJ)
JNJ announced on October 19, 2010 sales of $15.0 billion for the third quarter of 2010, a decrease of 0.7% as compared to the third quarter of 2009. Operational results increased 0.1% and the negative impact of currency was 0.8%. Domestic sales declined 2.5%, while international sales increased 1.1%, reflecting operational growth of 2.6% and a negative currency impact of 1.5%. Net earnings and diluted earnings per share for the third quarter of 2010 were$3.4 billion and $1.23, respectively, representing increases of 2.2% and 2.5%, as compared to the same period in 2009. The Company raised its earnings guidance for full-year 2010 to $4.70 - $4.80per share, reflecting recent currency exchange rates. The Company's guidance excludes the impact of special items.
JNJ engages in the research and development, manufacture, and sale of various products in the health care field worldwide. The company operates in three segments: Consumer, Pharmaceutical, and Medical Devices and Diagnostics.
Walt Disney Co. (NYSE:DIS)
DIS released on October 20, 2010 its annual “Most Wanted Holiday Toys List” featuring a magical assortment of playthings that offer boys and girls a robust play experience with endless ways to enjoy favorite Disney characters, recreate movie moments or play out new adventures. These must-have holiday gifts are already earning top honors from the media and toy industry insiders including Family Fun magazine’s Toy of the Year Awards, FunFare Magazine, The Oppenheim Toy Portfolio, TimetoPlayMag.com, and Woman’s Daymagazine’s Toy Insider as well as recognition on the Toys“R”Us and Kmart “Fabulous 15” hot holiday toy lists.
DIS, together with its subsidiaries, operates as an entertainment company worldwide. The company’s Media Networks segment includes domestic broadcast television network, television production and distribution operations, domestic television stations, cable networks, domestic broadcast radio networks and stations, and publishing and digital operations.
United States Steel Corp. (NYSE:X)
United States Steel Corp. is pleased to announce the addition of a new high-quality, value-added product to our lineup of construction steels that supports "green" building design and practices, positively impacting these projects' environmental sustainability. ACRYLUME CF Coated Sheet, a new coated flat-rolled steel that has a chromium-free clear polymer coating, continues to provide all of the quality and performance attributes inherent in the new product's predecessor, ACRYLUME Coated Sheet. U. S. Steel's new ACRYLUME CF offers the environmentally conscious metal building construction industry the nation's first chromium-free acrylic coating on GALVALUME Coated Sheet, which exceeds anticipated environmental regulations in the United States.
United States Steel Corp., through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe. The company operates through three segments: Flat-rolled Products, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-rolled Products segment offers slabs, rounds, strip mill plates, sheets, and tin mill products. This segment serves service center, conversion, transportation, construction, container, and appliance and electrical markets in North America.
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