HAHDhAHSDHAHS

Heritage Construction and Materials Announces John Peisker Will Lead Walsh and Kelly Into the Future

Heritage Construction and Materials Announces John Peisker Will Lead Walsh and Kelly Into the Future

Heritage Construction and Materials Announces John Peisker Will Lead Walsh and Kelly Into the Future

Indianapolis, January 28, 2020 – Heritage Construction and Materials (HC&M), a diverse and innovative collection of infrastructure related businesses, announced today that as part of a year-long succession plan, Kevin Kelly will transition from his role as President of Walsh & Kelly to serving as Chairman of the Board.

“It has been an honor and a privilege to lead this company,” said Kevin Kelly. “I am incredibly proud of all we have done together, but I also look forward to stepping away from day to day responsibilities.”

With over 35 years of industry experience, John Peisker, P.E., was chosen to assume day to day leadership of the company. Peisker, who has been with Walsh & Kelly since 2015, received his undergraduate and graduate degrees in Civil Engineering from the University of Illinois. His deep expertise in road construction and personal knowledge of the business make Peisker the ideal candidate to lead the organization into the future.

 

“W&K has a strong, long-standing, and proud history of providing customers quality construction for their roadways, runways, and parking lots,” said John Peisker.  “We are a family business, and our co-workers are our extended family.   We will continue to uphold these values and our reputation for safety, integrity, quality, and relationships.”

“Kevin has successfully led the business for 20 years and will remain available to us for continued advice, counsel and friendship. We wish him continued health and prosperity”, said HC&M CEO, Greg Kelly. “John is well regarded by colleagues, respected as an industry leader, and has the full support of the entire HC&M group as he assumes this new leadership role.”

Heritage Construction and Materials is a customer-focused, innovative provider of high-quality road construction materials and services. For more than 50 years, the HC&M family of companies has offered expertise in asphalt products, aggregate supply, and construction services. HC&M companies are industry-leading innovators, due in large part to the capabilities afforded by the Heritage Research Group. The improvements in construction and materials technology developed in the lab allow HC&M companies to produce some of the best roadbuilding products in the world. Learn more at www.thgrp.com

 

Walsh & Kelly, Inc., a Heritage Construction and Materials company, is one of the largest civil contractors in northern Indiana with offices in Griffith and South Bend. The company operates asphalt plants in Griffith, South Bend, La Porte, Valparaiso, and Lowell, Indiana.  Learn more at http://walshkelly.com/

 

Download

HAHDhAHSDHAHS

P2 Science Raises $12 Million in Series C Financing

P2 Science Raises $12 Million in Series C Financing

P2 Science Raises $12 Million in Series C Financing

Woodbridge, Conn. – January 28, 2020 – P2 Science Inc., a renewable chemistry company, today announced the close of a $12 million Series C financing round. Lead investor HG Ventures and Chanel join existing investors Xeraya Capital, BASF Venture Capital, Elm Street Ventures, Connecticut Innovations and Ironwood Capital Connecticut.

 

Read More

HAHDhAHSDHAHS

HERITAGE CONSTRUCTION & MATERIALS ANNOUNCES GREG KELLY AS NEW CEO

HERITAGE CONSTRUCTION & MATERIALS ANNOUNCES GREG KELLY AS NEW CEO

HERITAGE CONSTRUCTION & MATERIALS ANNOUNCES GREG KELLY AS NEW CHIEF EXECUTIVE OFFICER

Indianapolis, IN – October 07, 2019:The Heritage Group welcomes Greg Kelly as chief executive officer of its Heritage Construction & Materials division (HC&M).  Kelly joins The Heritage Group from WSP, a premier global engineering professional services firm based in Canada, where he served as President and CEO of WSP in the USA.

As President and CEO WSP USA, Kelly led a team of close to 10,000 planners, engineers, scientists, and construction and program managers shaping today’s communities. His teams planned, designed and managed construction of major infrastructure projects across the US and around the globe for some of the world’s largest companies, utilities and governments.

Kelly’s career includes several designations and leadership roles in the infrastructure industry, including election to the National Academy of Construction, The Moles, and as a member of the Construction & Industry Round Table.  He is passionate about the future of infrastructure and the impact it has in building communities worldwide.

“We are thrilled Greg will be joining our strong Heritage Construction & Materials business. He brings deep global experience in infrastructure and a passion for talent development and high performing teams,” said Amy Schumacher, President of The Heritage Group. “Greg shares the values on which we have built our business over the last 90 years, and we are confident he will build upon our client-focused, innovative approach and continue to expand our HC&M business.”

Kelly joins Heritage Construction & Materials at a terrific time as safety and innovation in infrastructure development are focus areas around the country. HC&M companies provide expertise in asphalt products, aggregate supply, and road and bridge construction services, primarily in the Midwest, West Coast and China. The group has designed Critical Commerce Corridors to separate cars and trucks to increase safety and improve traffic flow on the nation’s major roadways.

“I am excited to join the Heritage Construction & Materials family and work closely with this group of impressive leaders, core customers and suppliers who share my interest in community-building through creative, efficient and safe infrastructure,” Kelly said.

Kelly started with Heritage Construction & Materials on October 1, 2019, succeeding Jim Fehsenfeld who remains a member of the board of directors of Heritage Construction & Materials and the board of trustees of The Heritage Group.

 

About The Heritage Group

The Heritage Group is a privately held portfolio of companies focused on creating enduring value by building world-class businesses. Since 1930, it has managed a diverse set of business units involved in construction and materials, environmental services, specialty chemicals, and energy and refining. With operations in North America, Europe and Asia, and a client network that spans the globe, The Heritage Group’s focus is on innovation, quality and service. At the core of this focus is the Heritage Research Group, the world-class research and development facility operating at the cutting edge of new technology to provide new products, processes and training aimed at improving the way The Heritage Group companies serve their clients.

 

Download

HAHDhAHSDHAHS

HG Ventures Invests in Water Program Management Software Platform

HG Ventures Invests in Water Program Management Software Platform

120WaterAudit’s main focus is to help government agencies, public water systems, and schools manage their drinking water programs.

Indianapolis, IN – September 17, 2019: HG Ventures, the corporate venture arm of The Heritage Group, led a $7 million series A funding round for 120WaterAudit, a leading cloud based water management program.  120WaterAudit’s main focus is to help government agencies, public water systems, and schools manage their drinking water programs.

 

For more information, please see:

https://www.businesswire.com/news/home/20190917005070/en/Digital-Water-Company-120WaterAudit-Secures-7M-Series

HAHDhAHSDHAHS

The Heritage Group Announces First Class of Startups for Accelerator

The Heritage Group Announces First Class of Startups for Accelerator

10 startups set to reinvent legacy industries — including construction, infrastructure, materials and environmental services — over the next 13 weeks through Indianapolis-based accelerator

Indianapolis, IN – September 9, 2019: Today, The Heritage Group (THG) and Techstars launched The Heritage Group Accelerator Powered by Techstars, a mentorship-driven accelerator which will scale 10 startups that aim to reinvent industries that serve our most basic needs. The accelerator is taking place at The Center, THG’s purpose-built incubation, problem solving and collaboration facility in Indianapolis that is also home to HG Ventures, THG’s venture capital arm, and Heritage Research Group, THG’s central research and development laboratory.

The 10 companies represent a diverse array of technologies, spanning advanced materials, construction, infrastructure, sensors, and environmental services. Across the class, the companies share a mission of tackling some of society’s biggest challenges by innovating in traditional industries. Hailing from Indiana, four other US states, Canada, Estonia and Germany, the founders will meet in Indianapolis for the next 13 weeks.

Participants include:

Alkemy Environmental – Recycles waste materials into structural-grade concrete aggregate
AquaRealTime – Operates robust IoT systems to monitor water quality
Ateois – Manufactures truly flexible and ultra-thin printed batteries
E.O.I Technologies – Produces an innovative laser-based vibration sensor
Gelatex – Manufactures a non-toxic leather-like textile from organic substances
Magment – Builds magnetic concrete for dynamic wireless charging of electric vehicles
Mito Materials – Manufactures nano-additives for improving composite materials
Recycled Granite – Recycles granite waste materials into new products
Wildnote – Produces a digital platform for environmental compliance and management
Zilper Trenchless – Manufactures equipment to quickly and cheaply replace underground pipes

The Accelerator at The Center

“Each of the startups was selected on the quality of their teams, the strength of what they have built to date, and their fit for leveraging THG’s experience and operations,” says Jonathan Schalliol, Director, New Ventures Group at THG. “Experts from our core businesses and research group are looking forward to working with the startups on a diverse set of topics, such as recycling, infrastructure construction, new chemical formulations, and environmental management.”

The Heritage Group Accelerator Powered by Techstars will run through December 4th, when the program will culminate in a Demo Day event. During Demo Day, the companies will present to an audience of venture capitalists, corporate leaders, industry experts and the Indianapolis entrepreneurial ecosystem to raise additional capital and make meaningful business connections. To learn more about The Heritage Group Accelerator Powered by Techstars, or connect with the startups, please visit techstars.com/heritage-group-program.

About The Heritage Group

The Heritage Group is a privately held portfolio of companies focused on creating long-term value by building world-class businesses. Since 1930, it has managed a diverse set of business units involved in construction and materials, environmental services, specialty chemicals, and energy and refining. With operations in North America, Europe and Asia, and a client network that spans the globe, The Heritage Group’s focus is on innovation, quality and service. At the core of this focus is the Heritage Research Group, the world-class research and development facility operating at the cutting edge of new technology to provide new products, processes and training aimed at improving the way The Heritage Group companies serve their clients. Learn more at www.thgrp.com.

About Techstars Techstars is the worldwide network that helps entrepreneurs succeed. Techstars founders connect with other entrepreneurs, experts, mentors, alumni, investors, community leaders, and corporations to grow their companies. Techstars operates three divisions: Techstars Startup Programs, Techstars Mentorship-Driven Accelerator Programs, and Techstars Corporate Innovation Partnerships. Techstars accelerator portfolio includes more than 1,900 companies with a market cap of $23 Billion. Learn more at www.techstars.com.

 

Download
HAHDhAHSDHAHS

CustoMem Changes Name To Puraffinity And Announces Successful Fundraise To Accelerate Its Growth

CustoMem Changes Name To Puraffinity And Announces Successful Fundraise To Accelerate Its Growth

NEWS – Aug 07, 2019 – Puraffinity, a spin-out from Imperial College London, that develops advanced materials for selectively removing target chemical compounds from water, has announced an oversubscribed seed round of $3.55M (£2.8M) from leading sustainability investors.

 

Read Full Article

HAHDhAHSDHAHS

Biosynthetic Technologies Secures Series A Financing Led by HG Ventures

Biosynthetic Technologies Secures Series A Financing Led by HG Ventures

Biosynthetic Technologies (BT) is developing and providing Estolides, fluids which combine excellent performance and environmental sustainability. They have recently announced that they have completed their Series A round of financing led by HG Ventures. John Glushik, Managing Director of HG Ventures will join Mark Miller, CEO of BT on the Board of Directors.

HG Ventures invests at the pre-revenue and pre-product stage, but wants to see the development of a dedicated, full-time executive team. Their geographic focus is in the United States but they are open to opportunities in other countries.

The Series A financing builds on an exceptional year for BT which made significant strides toward building the platform through product improvement and commercial production. Biosynthetic Technologies has also expanded their research and development team and continues to grow their sales and marketing efforts. They are well along in both client sampling programs and pilot scale-up.

“Biosynthetic Technologies’ sustainable-hydrocarbon product line is well-timed as the industry is demanding environmentally safer alternatives while also demanding higher performance,” said John Glushik, Managing Director of HG Ventures and Vice President, New Ventures. “We believe the market will continue to grow both in terms of synthetic performance and sustainability. We are confident we have the right team and the right product at the right time. That’s a recipe for success.” 

“I’ve been interested in the unique capabilities of the Estolide technologies for over 20 years,” says Mark Miller, CEO of BT. Mr. Miller is an experienced entrepreneur and a well-known pioneer in the bio-lubricant space. “I’ve watched Biosynthetic over the years, have been very impressed by their development and I’m thrilled to be part of the team. Lubricants, additives and functional fluids are our first markets, but we see this as a platform with much broader applications.” The company is exploring utilizing Estolides in plastics, rubbers, personal care and several other diverse markets. Varying production cycles, feed stocks, catalysts and other inputs changes the products made, allowing the Estolide to be custom tailored to the application.

“Getting quality products to market is job one,” Miller continues. “Having financial support and expertise from HG Ventures as well as technical resources from the Heritage Research Group will help us execute our vision even faster.”

HAHDhAHSDHAHS

HG Ventures Leads $8.3 Million Investment in Epogee

HG Ventures Leads $8.3 Million Investment in Epogee

INDIANAPOLIS – Feb 21, 2019 – HG Ventures today announced it led a $8.3 million investment in Epogee, which produces a portfolio of revolutionary fat replacement and flavor enhancement food ingredients that aim to dramatically improve nutrition and taste in food throughout global markets. Epogee will use this investment to expand current manufacturing and accelerate technical capabilities to support customers.

 

Read Full Article