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Industry News

Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.

Verizon Initiates $98-Million Basking Ridge Renovation

Published 10/5/2005

Verizon Communications has awarded Skanska USA Building the construction management services assignment to renovate seven four-story buildings on a 135-acre campus in Basking Ridge, New Jersey. The 1.3 million-sf complex, formerly occupied by AT&T, will house the leadership teams for Verizon's Domestic Telecom and International units. Construction on the $98-million project has begun. The project involves interior and exterior renovations, as well as numerous mechanical plant upgrades.

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BD Medical Pharmaceutical Systems Expands Manufacturing Plant

Published 10/5/2005

BD Medical Pharmaceutical Systems , a maker of medical technology products, will broke ground on a $33.5-million addition to its Columbus, Ohio, manufacturing plant October 13, 2005. The project is comprised of a 15,000-sf sterilization addition to the existing 230,000-sf facility and equipment to increase manufacturing and production capacity for glass drug containers. One-third of the new production capacity will be functional in one year. The sterilization facility is slated for completion in two years.

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Genzyme Breaks Ground on Research Facility

Published 10/4/2005

Genzyme Corp. broke ground on a 177,000-sf research facility in Framingham, Mass., on October 5, 2005. The $124-million project consists of a six-story research building and a separate utilities facility that will provide services to it and three other Genzyme buildings in Framingham. The research facility will feature a six-story atrium with offices and labs designed to promote collaboration and interaction.

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Cisco Systems Develops Research Triangle Park Training Facility

Published 10/4/2005

Cisco Systems is developing the 37,000-sf Education and Development Center in Research Triangle Park, N.C. Located in Cisco's Building 11, the employee training center will cost between $1 million and $2 million to construct. Featuring classrooms, video rooms, laboratory space, and lounges, the facility will train approximately 2,000 Cisco employees annually.

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