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Architectural Design Consulting Market SWOT Analysis
This press release was orginally distributed by SBWire
Pune, Maharashtra -- (SBWIRE) -- 05/04/2023 -- Global Architectural Design Consulting Market Size, Status and Forecast is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support (2023-2029). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Architectural Design Consulting Market. Some of the key players profiled in the study are Gensler, Perikins+Will, NBBJ, HKS, Inc., TFP, SWECO FFNS, DCM, Smith Group, Foster and Partner, GMP, SWECO FFNS, DCM, HPP, RMJM & SOM.
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Architectural Design Consulting Market Overview:
The study provides a detailed outlook vital to keep market knowledge up to date segmented by Residential & Commercial, Design & Consulting, and 18+ countries across the globe along with insights on emerging & major players. If you want to analyze different companies involved in the Architectural Design Consulting industry according to your targeted objective or geography we offer customization according to your requirements.
Architectural Design Consulting Market: Demand Analysis & Opportunity Outlook 2029
Architectural Design Consulting research study defines the market size of various segments & countries by historical years and forecasts the values for the next 6 years. The report is assembled to comprise qualitative and quantitative elements of Architectural Design Consulting industry including market share, market size (value and volume 2018-2022, and forecast to 2029) that admires each country concerned in the competitive marketplace. Further, the study also caters to and provides in-depth statistics about the crucial elements of Architectural Design Consulting which includes drivers & restraining factors that help estimate the future growth outlook of the market.
The segments and sub-section of Architectural Design Consulting market is shown below:
The Study is segmented by the following Product/Service Type: , Design & Consulting
Major applications/end-users industry are as follows: Residential & Commercial
Some of the key players involved in the Market are: Gensler, Perikins+Will, NBBJ, HKS, Inc., TFP, SWECO FFNS, DCM, Smith Group, Foster and Partner, GMP, SWECO FFNS, DCM, HPP, RMJM & SOM
Important years considered in the Architectural Design Consulting study:Historical year 2018-2022; Base year 2022; Forecast period** 2023 to 2029 [** unless otherwise stated]
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If opting for the Global version of Architectural Design Consulting Market; then the below country analysis would be included:- North America (the USA, Canada, and Mexico)- Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Key Questions Answered with this Study1) What makes Architectural Design Consulting Market feasible for long-term investment?2) Know value chain areas where players can create value?3) Teritorry that may see a steep rise in CAGR & Y-O-Y growth?4) What geographic region would have better demand for products/services?5) What opportunity emerging territory would offer to established and new entrants in Architectural Design Consulting market?6) Risk side analysis connected with service providers?7) How influencing are factors driving the demand of Architectural Design Consulting in the next few years?8) What is the impact analysis of various factors in the Global Architectural Design Consulting market growth?9) What strategies of big players help them acquire a share in a mature market?10) How Technology and Customer-Centric Innovation is bringing big Change in Architectural Design Consulting Market?
There are 15 Chapters to display the Global Architectural Design Consulting MarketChapter 1, Overview to describe Definition, Specifications, and Classification of Global Architectural Design Consulting market, Applications [Residential & Commercial], Market Segment by Types , Design & Consulting;Chapter 2, the objective of the study.Chapter 3, Research methodology, measures, assumptions, and analytical toolsChapters 4 and 5, Global Architectural Design Consulting Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels, Value Chain AnalysisChapters 6 and 7, show the Architectural Design Consulting Market Analysis, segmentation analysis, characteristics;Chapters 8 and 9, show Five forces (bargaining power of buyers/suppliers), Threats to new entrants, and market conditions;Chapters 10 and 11, show analysis by regional segmentation [United States, Europe, China, Japan, Southeast Asia, India & Central & South America], comparison, leading countries, and opportunities; Customer BehaviourChapter 12, identifies the major decision framework accumulated through Industry experts and strategic decision-makers;Chapters 13 and 14, are about the competitive landscape (classification and Market Ranking)Chapter 15, deals with Global Architectural Design Consulting Market sales channel, research findings, conclusion, appendix, and data source.
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Thanks for showing interest in Architectural Design Consulting Industry Research Publication; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, Japan, United Kingdom, India or China, etc
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Architectural Design Consulting Market to Witness Massive Growth ... - Digital Journal
Benton Harbor-based Wightman is opening a new office in South Bend. Wightman filled us in:
Wightman, a multi-disciplinary firm offering architecture, civil engineering, and land surveying services to government, energy, education, and commercial markets, is pleased to announce it has relocated its South Bend office.
Located at 1402 Mishawaka Avenue, the new office is close to the heart of South Bend and less than 2 miles from the former office.The 8,200-square-foot building was originally constructed in 1957 and included an addition in 2001.
The larger office comfortably accommodates the companys growing South Bend-based staff of more than 10 surveyors and civilengineers. With the increase in space, Wightman can provide additional architectural and engineering support, along with offering GIS, interior design, landscape architecture, planning, and reality capture services.
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Wightmans presence in South Bend began in January 2022 when the company acquired Lang Feeney and Associates, Inc., a legacyland surveying firm founded in 1976. Although Wightman had several clients in the South Bend area, this office location marked its first in Indiana.
Due to the growth opportunity in South Bend, Wightman began searching for a new location last summer, closing on a new site in theCity of South Bend in October.
We are excited to continue the legacy of Lang Feeney and the additional value our engineering and architecture services can bring tothe existing relationships Terry Lang and Bernie Feeney have built over the years. The investment in professionals, technology, andnew space will add value to Wightman and to the community as a whole, Wightman President Matt Davis shared. We are excited tocontinue our presence in the dynamic city of South Bend.
Wightman will host a community open house on Friday, May 19, from 3 to 7 p.m. at the new location. The public is invited andencouraged to attend.
Staff will be on hand to provide tours of the renovated space, WYBT B100 radio will broadcast live from 4 to 6 p.m., and food will beprovided by Mission BBQ and Kona Ice.
For more information about Wightman and its new South Bend office, visit https://gowightman.com
Read more:
Wightman opening new South Bend office - Moody on the Market
CLINTON As the demolition of the building that formerly housed the Strand Theater continues, initial plans for its future development have evolved.
The focus has changed, as have the developers, Clinton City Administrator Matt Brooke told the Clinton Herald about the building at 325 S. Second St. The first developers vision was focused on retail where now, with a different developer, we are looking at housing.
The developer will next provide the city with interior and exterior designs of a building containing multiple levels of living units, rather than those of a single-level commercial building.
The demolition that began April 27 is to be finished by June 1.
The cherry-red exterior made of St. Louis hydraulic-pressed brick in patterns, in which some were recessed and others projected, was once a point of architectural pride.
On Sept. 30, 1911, the Clinton Herald reported that construction of the building was to begin within the next few days, and on Sept. 12, 1912 reported it was practically finished.
The theater scheduled to open two days later was originally called the Royal. By 1916, it had become the Strand and featured movies, vaudeville, and other events, including the 1928 Miss Clinton pageant.
In more recent years, the building housed businesses that included England Music Center and the Retired & Senior Volunteer Program.
The Clinton City Council met in 2019 to decide whether to invest in rehabilitating the building or to demolish it. At that meeting, IMEG Structural Engineer Ali Gharamti told council members the building was not up to code. The lack of ventilation, electricity, general maintenance, and insufficient roofing thatd been damaged by harsh weather had allowed moisture to severely compromise structural integrity, causing mold and mildew, and other issues.
At that same meeting, Clinton Building and Neighborhood Services Building Official Paul Dotterweich said the work needed for the structure to be safe again, aside from being functional, would be extensive and that alone could cost the city as much as $340,000.
See more here:
Demolition continues in Strand Theater block - Clinton Herald
CADIZ Country music performer Neal McCoy returns to the Ohio Valley area to headline the grand opening and ribbon cutting of the newly constructed outdoor stage The Mark at Sally Buffalo Park in Cadiz on June 1.
The free concert will open at 4 p.m. and feature a variety of food truck vendors and beverages for sale.
Jewett music spot: Pennington's makes its mark as eastern Ohio entertainment venue
Activities start at 6 p.m. with recognition of donors who helped fund the construction of the stage and sponsors of the Summer Concert Series. A ribbon-cutting ceremony will commence and music starts at 6:30 with local Cadiz country music and recording artist Ashley Best and the Set em Up Band with special guest Abby Dodds. Following up will be local favorites The Hoard and Jones Band with special guest Cody Romshak.
Neal McCoy is an Ohio Valley fan favorite. In 1993, he broke through with the back-to-back No. 1 singles "No Doubt About It" and "Wink" from his platinum-certified album "No Doubt About It." His commercial success continued into the late 1990s with two more platinum albums and a gold album, as well as seven more Top 10 hits.
McCoy will take the stage at 9:30 p.m. A post-concert fireworks display will close the evening's festivities.
The Mark came to fruition through state grants and many local businesses and private individuals whose names are recognized on the stage right outer passage wing. Designed by Mark Puskarich and Kelly Architectural Services and constructed by local contactor Border Patrol Construction with support by various local and regional contractors, the opening is the culmination of three years of planning and construction.
Additional concerts will be posted on the Sally Buffalo Park Facebook page.
Continue reading here:
Neal McCoy to appear at Sally Buffalo Park in Cadiz - Times Reporter
Issued by the City of Wenatchee in February
KM Builders LLC, 190 Adel Lane, new single-family housing construction (except for-sale builders)
Burch Mountain Building Services LLC, 57 Red Bird Lane, new single-family housing construction (except for-sale builders)
Perez Family Construction LLC, 1833 Squilchuck Road, new single-family housing construction (except for-sale builders)
Double H Carpentry LLC, 285 Linda Lane, new single-family housing construction (except for-sale builders)
Elite Custom Builders LLC, 61 Depot St., new single-family housing construction (except for-sale builders)
Real Deal Construction LLC, 3519 Marilane Drive, new single-family housing construction (except for-sale builders)
Rorie Roberts On Time Builders LLC, 527 Okanogan Ave., residential remodelers
Redland Custom Builders LLC, 521 Princeton Ave. N., framing contractors
H&R Roofers LLC, 932 Cascade St., roofing contractors
North Shore Construction: Tom Kessler, 5670 Squilchuck Road, painting and wall covering contractors
Asphalt Sealing and Paving: 3J's Equipment LLC, 450 W. Rolling Hills Lane, all other specialty trade contractors
Asphalt Sealing and Paving LLC, 23 S. Wenatchee Ave., all other specialty trade contractors
Ferry Grocery Store LLC, 850 Methow St., supermarkets and other grocery retailers (except convenience retailers)
HL Vending, 1422 Poplar Ave., vending machine operators
B's Dirty Sodas LLC, 119 Okanogan Ave., all other specialty food retailers
Cave Noire LLC, 100 N. Wenatchee Ave., beer, wine, and liquor retailers
Gizmowe: Liliana Morales, 233 Princeton Ave. N., clothing and clothing accessories retailers
Catalogue LLC, 107 5th St., clothing and clothing accessories retailers
Joey and Me Jewelry: Erin Kathryn Senyohl, 1045 Monroe St., jewelry retailers
Columbia River Brush Benders, 1821 Heritage Drive, art dealers
According to the Heart: Celeste C. Ross Honsinger, 2 N. Western Ave., art dealers
Jetset Management LLC, 4362 Jim Smith Road, other support activities for air transportation
Chief End Ventures LLC, 435 Rams Lane, motion picture and video production
Wenatchee Garage: Ziply Fiber Northwest LLC, 320 Penny Road, wired telecommunications carriers
Joi Properties LLC, 232 Okanogan Ave., lessors of residential buildings and dwellings
Becky Scott: The Second Half LLC, 182 Emma Drive, offices of real estate agents and brokers
Rental Association of Wenatchee Valley: Rental Association of Wenatchee Valley, 112 Olds Station Road, other activities related to real estate
Crestview Law: Crestview Law PLLC, 285 Technology Center Way, offices of lawyers
Kirk Alexander Lyons: 112 Olds Station Road, tax preparation services
Letty the Bookkeeper: Gold Tax Services LLC, 1720 5th St., other accounting services
Underdog Planning and Design: David George Doubroff, 1220 Pershing St., architectural services
Christi and Trae Childs Creative, 1537 Skyline Drive, interior design services
Brianna Hartmann Designs: Brianna Hartmann, 92 Crandell Lane, custom computer programming services
GLS Coaching LLC, 3127 Ohme Road, administrative management and general management consulting services
Working Genius Washington: Douglas Ray Merrill, 1041 Pitcher Canyon Road, administrative management and general management consulting services
Level Up Local Up: Kathy Ann Scott, 1704 Jefferson St., marketing consulting services
Central Digital Marketing LLC, 1206 3rd St., marketing consulting services
Innhouse Photography, 5221 Squilchuck Road, photography studios, portrait
Cutting Edge Barber College, 212 5th St., cosmetology and barber schools
Wenatchee Valley Summer Swim League, 1913 Skyline Drive, sports and recreation instruction
Columbia Valley Community Health, 1027 N. Wenatchee Ave., offices of physicians (except mental health specialists)
Mullen Family Chiropractic PLLC, 1737 N. Wenatchee Ave., offices of chiropractors
Peak Performance Counseling and Consulting PLLC, 300 King St., other individual and family services
Wilmer Perez, 1917 Leavenworth Place, independent artists, writers, and performers
We Write Hits LLC, 3272 School St., independent artists, writers, and performers
H2O Connection: Clinton Lloyd Hepper, 3785 Buck Haven Lane, all other amusement and recreation industries
Thalassa Retreat, 405 Castleview Place, all other traveler accommodation
Taqueria Luna: Crucast LLC, 821 S. Wenatchee Ave., mobile food services
Love Sushi: QQ Corporation, 1925 N. Wenatchee Ave., full-service restaurants
Riverhouse Cigar Bar: Wenatchee Cigar Bar LLC, 527 Piere St., full-service restaurants
Angel Window Tinting: Abraham Isai Sedano, 1000 Cashmere St., automotive glass replacement shops
Pure Maintenance of Central Washington, LLC, 1115A Walla Walla Ave., commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance
Hair by Stephani: Stephani Jo Baty, 401 N. Miller St., beauty salons
Hair Poetry: Austyn McKenzie Corning, 529 Wenatchee Ave., Suite A, beauty salons
Hair by Jaeda LLC, 123 Ohme Garden Road, beauty salons
Wenatchee Services: The Salvation Army, 1205 S. Columbia St., all other personal services
Redwood Sisters, 1302 Princeton Ave. N., religious organizations
Issued by the City of Wenatchee in March
The Dudels, 269 Lilly Lane, support activities for animal production
Valhalla Construction LLC, 624 Majestic View Drive, new single-family housing construction (except for-sale builders)
Kingsley Construction LLC, 1410 McKittrick St., new single-family housing construction (except for-sale builders)
C&J General Construction LLC, 601 S. Chelan Ave., new single-family housing construction (except for-sale builders)
LG Construction & Excavation Inc., 401 Marie Ave., new single-family housing construction (except for-sale builders)
Little Town Concrete LLC, 1319 4th St., poured concrete foundation and structure contractors
River Valley Painting & Power Washing, 1808 Rogers St., painting and wall covering contractors
JLA Brokers LLC, 841 Riverside Drive, other miscellaneous durable goods merchant wholesalers
Tienda la Bendicion LLC, 405 S. Chelan Ave., all other general merchandise retailers
Sweet Connections, 1 S. Chelan Ave., all other general merchandise retailers
7-Eleven, 1100 N. Miller, gasoline stations with convenience stores
Bbhandmadeboutique: Brandy Kristine Bridges, 1917 Lion Place, sewing, needlework, and piece goods retailers
Norland Books: Katherine Norland, 508 Greenwalt Place, book retailers and news dealers
Alligator Flowers LLC 1035 1st St., florists
Borogov Glass, 1610 Maple St., art dealers
Jubilee Bobbie Art By Micaiah: Micaiah Chanelle Reneae Davis, 1402 Walnut St., art dealers
Delg Transport Llc, 900 Stewart St., specialized freight (except used goods) trucking, long-distance
Digital Provisioners: Ross William Lambert, 617 W. Rolling Hills Lane, computing infrastructure providers, data processing, web hosting, and related services
Short Stayz: Falcon Innovations LLC, 1400 Madison St., portfolio management and investment advice
SDI Plans LLC, 101 Brandi Lane, portfolio management and investment advice
Country Financial Lenny Calderon's Agency (Dba): Lenny Calderon-Garcia, 25 N. Wenatchee Ave., insurance agencies and brokerages
Kriskrusesells LLC, 135 N. Mission St., offices of real estate agents and brokers
Ponderosa Notary: Melinda Dore, 1020 Columbine St., all other legal services
Fisher Home Inspections Co.: Jessica L Fisher, 1312 Springwater Ave., building inspection services
Emily Hutton, 1335 S. Miller St., graphic design services
50 Pies: Scott Ptolemy, 619 Royal Anne Drive, administrative management and general management consulting services
UCS LLC: U-Collection Site LLC, 516 N. Chelan Ave., administrative management and general management consulting services
Some LLC, 986 Racine Springs Drive, administrative management and general management consulting services
Summit Strategic Communications, 920 Westchester Drive, administrative management and general management consulting services
Emily Rose: Emily Rose Coaching LLC, 28 N. Wenatchee Ave., administrative management and general management consulting services
Michael Sokolowski Coaching LLC, 539 Hainsworth St., administrative management and general management consulting services
Ink-Link: Drach LLC, 29 S. Wenatchee Ave., marketing consulting services
Flying Fish Imaging, 1020 N. Western Ave., commercial photography
Don't Forget Remember Me: Catalina Hernandez, 611 S. Wenatchee Ave., janitorial services
Bud & Doris Farms: John Boyd Walter, 5280 Squilchuck Road, landscaping services
3 Brothers, 1131 Westview Drive, landscaping services
Gonzalito Cutting Edge Landscaping Service LLC, 1022 Madison St., landscaping services
Cascadian Plastic Surgery, 606 N. Chelan Ave., offices of physicians (except mental health specialists)
Johnson and McDonald PLLC, 620 N. Emerson Ave., offices of dentists
Mente Y Myo Massage Therapy LLC, 1022 N. Wenatchee Ave., offices of all other miscellaneous health practitioners
Confluence Health - Miller Street Complex Building B: Central Washington Health Services Association, 1000 N. Miller St., general medical and surgical hospitals
See original here:
For the Record | Business licenses issued in February and March ... - wenatcheeworld.com
If Im having a hard time keeping track of all the big developments in the works around here, a lot of other people must be, too. So heres a recap of the ten most significant projects, at least according to my memory; many smaller ones are also on the boards. A couple of caveats: these make take years to get builtor not even happen at alland the renderings could be out of date.
THE POSTL.A. developer Runyon, known for Platform in Culver City, is revamping the Las Aves complex (outlined in red) across from the Andre Clark Bird Refuge into The Post, a retail center with many shops, two restaurants, and two smaller food-and-beverage outlets. The company also bought the Montecito Athletic Club and Stella Mares buildings (in blue); its plans for those remain unknownand possibly up in the air till it either gets its hands on one or both of the other buildings (Magic Castle Cabaret and the apartments to the north) or gives up. More renderings can be found here and here.
PLATFORM SANTA BARBARAIf you were wondering why Runyon isnt calling the Las Aves project Platform, its undoubtedly because the company also plans to construct a new complexcalled Platformat the southeast corner of Garden Street and Highway 101 (currently home to Stoneyard Building Materials). Runyons David Fishbein said we can expect unique independent boutiques and great local chef/restaurateurs. Im not sure how many tenants we will have at this point but it will likely be similar to The Post given the projects are similar in overall size. Cearnal Collective is the architect; more renderings here.
THE GARDEN STREET HOTELThe Cabrillo Plaza Specific Plan of 1983 included hospitality as a possible use for the lot at 101 Garden Street (at the southwest corner of Yanonali), but when the Wright familys plan finally went before the citys Planning Commission in early April, commission members complained about the lack of housing. If an applicant cant rely on a specific plan, then what the hell are we asking specific plans for? said architect Brian Cearnal, whose Cearnal Collective designed the 250-room property (120 standard rooms and 130 extended-stay). As for whats next, Noozhawk had this: Rather than an outright denial, the commissioners voted 6-0 to continue the project, to give the developers time to study employee housing, do outreach to the neighborhood, and work with existing tenants on the site. Cearnal indicated that any employee housing would have to go on a third story, which would increase the height of the building about 45 feet. The developers plan to return to the commission in about 60 days. More renderings here.
SOMOFUNKDeveloper Neil Dipaola is spearheading the attempt to transform an entire block of the Funk Zonebordered by Yanonali, Santa Barbara, Mason, and Gray streetsinto SOMOfunk, a mixed-use development with 155 apartments and 18,000 square feet of commercial space. The city needs housing, and the Architectural Board of Review was generally in favor when it discussed the matter last July; the project next goes before the Planning Commission. There are more renderings on architect Cearnal Collectives website.
35 ANACAPA STREETThe third big mixed-use development in the Funk Zone is at 35 Anacapa Street, south of Mason. The description from when it went back in front of the citys Architectural Board of Review in March: The proposed building includes two 6-room small hotels (total of 12 hotel rooms, 300 square feet each), hotel lobby/amenities/back-of-house, and other commercial services including: corner market/bodega, restaurant, and tasting rooms. A total of two residential managers units (600 square feet each) will be provided for the two hotels. The architect is DesignARC.
SANTA BARBARA WATERFRONT HOTELBarring any delays from the city, construction is set to begin in the third quarter of this year on the Robert Green Companys 86-room resort at E. Cabrillo Boulevard and Calle Cesar Chavez (with back-of-the-house operations at a lot to the north), designed by local architect Robert C. Glazier. Of special note: the roof deck with pool and bar.
410 STATE STREETThe only project on this list thats actually under construction is the one at 410 State Street, which also fronts E. Gutierrez Street. In August 2020, the Santa Barbara News-Press described it thus: This new development involves retaining and modifying the approximately 17,150-square-foot building at 410 State St. [Reality Church] and retaining the approximately 6,800 square-foot building at 409 Anacapa St. [Reids Appliances], a voluntary lot merger to combine the three parcels, and construction of a new 84-unit, four-story Priority Housing project over the east parking lot on E. Gutierrez Street. The architect is Cearnal Collective.
710 STATE STREET HOTELFurther up State Street, SIMA is proposing to replace the building currently home to Restoration Hardware (710 State Street); the adjacent building directly behind the Santa Barbara News-Press building (19 E. Ortega Street); the Press Room bar at 15 E. Ortega; and a large parking lot with a 32,799-square-foot, four-story, 66-room hotel including two restaurants. (The buildings at 714-720 State Street are also part of the project but they wont be demolished.) The design, by Kevin Moore Architect, includes varied facades that give the feel of a village street and a paseo running from State to Ortega. The project sailed through the Historic Landmarks Commission; the Planning Commission is up next. More images here.
SANTA BARBARA POLICE DEPARTMENTThe Santa Barbara Police Departments current headquarters on E. Figueroa Street is too small and falling apart, so a new one will be built at the corner of Santa Barbara Street and E. Cota Street. The architect is Cearnal Collective, natch. Heres the description from its website (which also has more renderings): The proposed Santa Barbara Police Station consists of a three-story, 64,000 square-foot office building and a three-story 84,000 square-foot secure parking structure to accommodate 237 parking spaces. Both structures will have a subterranean basement level below grade. The existing Santa Barbara City police operations, currently located at four separate sites, would be consolidated at the new project site. P.S. The city hasnt announced what will happen to the building at 215 E. Figueroa. And the Saturday farmers market will move to the intersection of State and Carrillo.
THE NEIGHBORHOOD AT STATE AND HOPEThe local father-and-son team of Jim Taylor and Matthew Taylor at American Capital Management want to replace the 8.76 acres comprising the Macys building at La Cumbre Plaza and the parking lots around it with a mixed-use development called The Neighborhood at State and Hope. Cearnal Collectivecame up with the plan for 685 apartments (some of which would be affordable and some of which could end up being for seniors), underground parking, and commercial space, including retail. The architecture would be in four styles: traditional Mediterranean, modern Mediterranean, modern Moorish, and contemporary. (More renderings can be found here.) According to a Noozhawk update in March, the project exceeds the 60-foot height limit set by Santa Barbaras city charter and will need to undergo environmental review [.] The Taylors will take the comments made by the city and decide how to move forward before submitting a formal application. P.S. The owners of the Sears parcel at La Cumbre are said to be working on plans for a big mixed-use development, too. (The mall proper has multiple owners and a ground lease, so its unlikely to change for a long time.)
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Siteline | The 10 Major New Developments Set to Reshape Santa ... - Siteline Santa Barbara
increasing demand for decorative glass across several industries, including building, and interior design, is the primary factor driving market growth
Reports and Data.
The building industry is likely to witness a substantial increase in the demand for decorative glass as more homes and businesses are being constructed. The use of ornamental glass in interior design and architecture, such as furniture, shower enclosures, and wall partitions, among other uses, is a continuing trend that is driving the revenue growth of the market. The visual appeal of decorative glass enhances the building's overall environment, making it more popular to use in commercial structures like hotels and shopping malls.
Get a sample of the report: https://www.reportsanddata.com/download-free-sample/6439
Decorative Glass Market Segments:
The global decorative glass market is segmented by product type outlook and end-use outlook, as well as regional outlook. The product type outlook includes etched, beveled, stained, laminated, and other decorative glass types. The end-use outlook includes residential, commercial, and other applications.
The etched decorative glass type involves creating designs on the surface of the glass using an acid or sandblasting technique. The beveled glass type involves creating angled edges on the glass for added dimension and reflection of light. The stained glass type involves adding color to the glass using a combination of metallic salts and heat. The laminated glass type involves bonding two or more glass layers together using a polymer interlayer for added strength and safety. Other decorative glass types include frosted glass, textured glass, and mirrored glass.
The residential end-use segment includes applications such as windows, doors, and furniture in homes. The commercial end-use segment includes applications such as storefronts, display cases, and partitions in commercial buildings. Other applications include transportation, such as decorative glass used in automobile windows and windshields.
Geographically, the global decorative glass market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America and Europe are major markets for decorative glass, driven by the growing trend of energy-efficient and aesthetically pleasing building designs. The Asia Pacific region is expected to witness significant growth in the market due to the increasing construction of commercial and residential buildings in countries such as China and India. Latin America and the Middle East & Africa are expected to see steady growth in the decorative glass market due to the growth of the construction industry in these regions.
Inquiry Before Buying: https://www.reportsanddata.com/inquiry-before-buying/6439
Decorative Glass Market Competitive landscape:
The global decorative glass market is dominated by a few key players, including some of the biggest names in the glass industry. Some of the major companies in the decorative glass market include:
Saint-Gobain S.A.: A French multinational corporation that produces and distributes a variety of construction materials, including glass products for the building and automotive industries.
AGC Inc.: A Japanese glass manufacturing company that produces a wide range of glass products, including decorative glass for architectural applications. Nippon Sheet Glass Co., Ltd.: Another Japanese glass manufacturer that produces a variety of glass products for the automotive, architectural, and technical glass markets.
Pilkington Group Limited: A British glass manufacturer and supplier that produces a range of glass products for the construction and automotive industries, including decorative glass products.
Corning Incorporated: An American company that produces a variety of glass and ceramic products for a range of industries, including decorative glass for architectural and interior design applications.
DuPont: An American conglomerate that produces a variety of materials and chemicals, including decorative glass products for architectural and automotive applications.
Asahi Glass Co., Ltd.: Another Japanese glass manufacturer that produces a wide range of glass products for the building and automotive industries, including decorative glass for architectural applications.
Viracon: An American company that specializes in the production of architectural glass products, including decorative glass.
Guardian Glass: An American company that produces a wide range of glass products for various applications, including decorative glass for architectural and interior design applications.
PPG Industries, Inc.: An American global supplier of paints, coatings, and specialty materials, including decorative glass for architectural and interior design applications.
These companies are investing in research and development to create innovative and environment-friendly decorative glass products that meet the growing demand for energy-efficient and sustainable construction materials. They are also expanding their distribution networks to increase their global reach and cater to the rising demand for decorative glass in different regions.
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Decorative Glass Market Upcoming Growth, Key Player Analysis and Forecast 2032 - EIN News
This spring, the design industry is abuzz with fresh hires, new team structures and leadership changes. Read on for Business of Homes monthly roundup of arrivals and departures in design, manufacturing, media and more.
To the Trade Kravet welcomed Suzanne Cohen as chief marketing officer. She brings two decades of experience in the hospitality sector, previously serving as a vice president of marketing at Starwood Hotels and then Marriott International, leading brand strategies for luxury hotels including the St. Regis and The Ritz-Carlton, and most recently as the CMO for The Ironman Group. In her new role, Cohen will lead Kravets marketing team in brand strategy, digital performance, customer engagement and licensing initiatives.
Custom carpet brand Patterson Flynnowned by F. Schumacher & Co.announced Peter Touma as president. Touma comes to Patterson Flynn from management consulting company Bain & Company, where he worked primarily with clients in the consumer product and retail sectors in New York. In his new role, Touma will be partnering with Patterson Flynns creative director Pamela Marshall to focus on company growth.
Furniture manufacturer Artisant Lane, formerly called American Leather Holdings, announced Dan Campbell as executive vice president of business development and president of BenchMade Modern, a branch of the company. Campbell brings more than 20 years of industry experience to his new role, most recently serving as the vice president of sales and business development for Holly Hunt, a division of MillerKnoll. Prior to joining Holly Hunt in 2005, Campbell was managing director of Swiss textile mill Cration Baumann.
Hardware company Belwith Keeler announced promotions and new hires to its expanding creative team. After eight years at the company, Knikki Grantham has been promoted to creative director to guide the design team in expanding product lines. David Warmenhoven, who has been designing legacy products with the company since 2006, is now director of product innovation. Nick Clark has joined the team as marketing manager, bringing eight years of experience in the home improvement space, most recently as marketing manager for retail channel and digital at Novo Building Products. Belwith Keeler has also welcomed new e-commerce manager Jon Reibel, who brings over 15 years of experience growing and managing e-commerce startups and Fortune 500 brands including Home Depot, Lowes and Wayfair, and who will be responsible for formulating the companys online retail strategy and customer experience.
New Jerseybased tile and stone producer Artistic Tile appointed Robert Rivera as vice president of slab operations, a newly created position designed to oversee the growing division. With more than 20 years of experience in operations, management, sales and logistics in the natural stone industry, Rivera most recently managed the slab department at Walker Zanger in Port Chester, New York. In his new role, Rivera will lead the sales and warehouse staff, enforcing safety protocols and overseeing team training.
Furniture and lighting manufacturer Iatesta Studio welcomed Sarah Gately as U.S. director of sales and showrooms. Gately has more than 30 years of industry experience and 23 years in managing multiline showrooms, previously working in retail with Crate & Barrel and then transitioning to trade jobs with showroom sales and management roles at Chicagos design center The Mart and most recently at John Rosselli & Associates.
Flooring supplier Summit International Flooring celebrated its 20th anniversary with new promotions. Long-term flooring veteran Marc Becker has been with the company for 11 years and was promoted to vice president of sales, having most recently served as national sales director. Rick Taylor was named hospitality and residential market manager, bringing years of experience in high-end residential hospitality furniture and architectural products at companies such as Treo Textiles International and Modern Design Ventures. Newly appointed creative director Melissa McLaughlin brings 11 years of creative marketing experience, seven years in social media management and 15 years of customer service to her new position, in which she will manage Summits social media, advertising, marketing, design materials and new website. Jennifer Powers, who has a background in interior design and outside flooring sales, was hired as an architectural and design representative, and Thauane Danza was promoted to senior manager of supply chain logistics.
Home furnishings brand John-Richard named industry veteran Scott Smith as its chief merchandising officer and promoted Andrea Kimbrell to chief operating officer, a new position at the company. Smith held various leadership roles with major home furnishings companies, including Vanguard Furniture, Caracole, Legacy Classic, Drexel Heritage and Lexington Home Brands, and he most recently served as the president of Samuel Lawrence Furniture. In his new role, Smith will lead the merchandising and marketing divisions, overseeing product design, brand development, marketing and sales. Kimbrells experience is in outdoor consumer products and public accounting, having joined John-Richard in 2019 and most recently serving as the vice president of finance and administration. Kimbrell will now be handling day-to-day manufacturing operations, adding to her responsibilities overseeing finance, information technology, customer service and human resources.
Commercial flooring company Matter Surfaces appointed Rachel Pettit to vice president of brand development and Christine Gorman to director of brand and collection marketing. Previously the vice president of sales for the companys Parador Modular One line, Pettit will expand her role to oversee marketing strategy for Matter Surfacess other brands, including Bolon and Purline. Gorman transitions to her new role after serving as the director of marketing and will help expand categories, grow revenue and oversee marketing strategy.
Design & Architecture Minneapolis-based architecture and design firm Nelson Worldwide appointed Jeff Cumpson to director of sales marketing, Adam Zingrone as mixed-use studio leader and Tyler Rice as director of environmental graphic design. Cumpson brings more than 10 years of marketing experience to his directorship, most recently serving as the marketing manager of strategy at Nelson. In his new role, he will oversee the day-to-day operations of the sales marketing group and support departmental and organizational projects. Zingrone has more than 15 years of experience in health care, civic and mixed-use projects, having built his portfolio at architecture companies including CallisonRTKL, Anderson Mikos Architects and, most recently, Path Construction. Zingrone will now lead the multifamily and mixed-use studio in the Chicago office, overseeing business development throughout the Midwest market. Rice brings more than 10 years of industry experience to his new position, including as a designer for a creative agency that produced environmental graphics for major sporting events and facilities across the U.S., and will continue to provide creative guidance on the firms projects.
Multidisciplinary Washington, D.C.based design firm //3877 hired interior designer Alexandria Seimetz, who brings residential design experience at architecture firm Chambers. As the newest interior designer at //3877, Seimetz will support projects across the brands hospitality portfolio, utilizing her niche experience in club amenity spaces.
Washington, D.C.based GrizForm Design Architects welcomed Tamara Dennis-Gamage as an architectural designer. Dennis-Gamage brings experience in commercial, residential and religious projects to her new role, most recently working with architect Errol McIntosh as a junior designer. In her new position at GrizForm, she will assist with design efforts, architectural detailing and construction documentation.
Ohio-based architecture firm Moody Nolan appointed Dawne David-Pierre as director of operations for the New York office, Kathryn T. Prigmore as director of operations for the Washington, D.C., office, and Louis Chang as associate principal and director of operations for the Philadelphia office. David-Pierre has 25 years of industry experience and has facilitated team growth since joining the firm in 2020 as the interim director of operations. In her new role, she will expand the New York offices scope of work and community impact. Prigmore brings more than 40 years of firm leadership, project management and academic experience to her new position, where she will grow the firms presence. Prior to Moody Nolan, Prigmore worked at architecture firms including nSpire Design and Consulting, as well as Shalom Baranes Associates. Chang has over 20 years of industry experience, working at Daroff Design and, most recently, at Nelson Worldwide. He will now oversee all aspects of Moody Nolans business to amplify the firms regional presence.
Paris-based architecture and planning firm Liaigre announced Rock Axtman as general manager of the Miami and Latin America branches. A sales executive and interior designer, Axtman previously served as the architecture and design key accounts manager at furniture manufacturer Desiron, the national sales director of North America at Italian furniture company Promemoria and as a design associate for Mitchell Gold + Bob Williams in Boston.
Media & PR New Yorkbased communications and digital marketing agency UpSpring promoted three team members to leadership roles: Caroline Saba as vice president and chief of staff, Ashley Bond as vice president of residential interiors and product, and Adelaide Godwin as associate vice president. Saba started as an account coordinator in 2014 and most recently served as associate vice president; in her new role, she will work with senior leadership to develop initiatives for architecture, interior design, construction and engineering clients. Bond joined UpSpring in 2017, overseeing residential interior design and architecture firms and B2C product clients; as vice president, she will serve as a senior contact for clients, cultivate company talent and mentor senior staff. Godwin has been with UpSpring since 2017, overseeing clients in architecture, construction, design and engineering, and most recently serving as senior communications director.
Lifestyle and interior design media company Apartment Therapy appointed Lindsay Funston as editor in chief of The Kitchn. Funston brings 15 years of experience in content direction for digital and print media, most recently serving as executive editor of Delish, where she spent six years helping build the brand. Previously, she led social media and content strategy for several national brands, including editor roles at O, The Oprah Magazine; Martha Stewarts Whole Living; and Real Simple. Funston succeeds Faith Durand, who was promoted to senior vice president of content at The Kitchn in 2022.
Retail & Manufacturing Home furniture company Mitchell Gold + Bob Williams appointed Chris Moye as interim CEO and board member, replacing Allison OConnor. Moye has held CEO and interim CEO roles outside the home sector, including a year-long interim stint at nutrition brand GA Foods and two years at the helm of business consulting company Crossmark.
Family-owned French furniture brand Ligne Roset announced that cousins Antoine Roset and Olivier Roset will jointly serve as chief executive officers. Over the past 16 years, the duo worked across various business departments to gain a broad array of experiences at the company. During their tenure, Olivier was responsible for finance and production, serving as the director of finance and general director, while Antoine oversaw marketing and the commercial business as the global marketing director and executive vice president of Roset USA. Their fathers, Michel Roset and Pierre Roset, remain president and CEO, respectively, of Ligne Roset parent company Groupe Roset SAS.
Danish lighting manufacturer Louis Poulsen announced Carly Conelli as CEO for the United States and Canada, and Austin Durling as the PR and marketing manager for North America. Conelli has experience in design brands including Roll & Hill, Aerin, Ralph Lauren and Caro Home, where she most recently served as their senior vice president of sales and merchandising. She will be responsible for wholesale partners and work closely with the Louis Poulsen sales team in North America and Denmark on a growth plan for the United States and Canada. Durling brings experience in media relations, partnerships and influencer marketing, previously working for PR company Sharp Think and most recently as the U.S. PR manager at computers and electronics manufacturing company VanMoof.
Michigan-based furniture manufacturer Gormans Home Furnishings announced the retirement of CEO Tom Lias. Over the course of his 53-year career, Lias served as vice president and general manager of Ethan Allen stores in Michigan and Ohio before becoming co-owner and president of eight La-Z-Boy stores in Pennsylvania, New York and New Jersey. Lias joined Gormans in 1983 and was elevated to the position of CEO in 2017, and he was recently honored as Michiganian of the Year by The Detroit News for his legacy of philanthropic work with local nonprofit The Arc of Oakland County, which serves people with developmental and intellectual disabilities.
Furniture and accessories brand Fritz Hansen appointed Chris Paulsen as vice president of the Americas. With more than a decade of retail and contract management experience, Paulsen most recently served as the managing director of the Americas for furniture manufacturer Gubi and formerly as the general manager at Design Within Reach. In his new role, Paulsen will help promote growth and empower the local markets in America.
New Yorkbased modern home furnishings company Maiden Home hired Nadia Dobel as senior product development manager. Dobel has experience in product management and development, previously holding managerial roles at business consulting service Fabric to Finish, Kohls and Stitch Fix.
Design company and material manufacturer Designtex welcomed Oriana Reich as vice president of marketing. Reich brings experience in creative marketing strategy, previously co-founding her own consultancy firm The Joinery Limited and working as the brand director of wholesale building materials company Shaw Contract. After collaborating with Designtex on creative direction over the past year and a half, Reich will manage and direct the brands creative, marketing and go-to market strategies.
Home accessories store Sid & Co appointed Charles Comeau as senior designer and director of new business development. With more than 30 years of experience, Comeau returns to the design industry after his company Dessin Fournir filed for Chapter 11 bankruptcy in 2019.
Window treatment brand Hunter Douglas appointed Christin Tang as the director of advertising. Tang most recently worked at kitchen and bath manufacturer Kohler Co. for seven years as the channel manager for digital marketing. In her new role, she will lead full-funnel marketing strategies and campaigns across traditional and digital paid media channels.
Perigold, Wayfairs high-end division, announced Meghan Moreland as head of copy. Morelands previous roles include senior editor of product copy for RH, as well as content creation positions at home services publication The Franklin Report and West Elm.
Decorative lighting company Crystorama welcomed Ben Tuminello as national sales director. Tuminello has 20 years of sales management and business development experience, including at The Home Depot and most recently as the director of e-commerce at electrical manufacturing company Satco Products Inc. In his new role, Tuminello will provide leadership, market strategy, customer management and product development insight for the companys team.
Furniture wholesaler Sagebrook Home appointed Kendra Wilkins as director of merchandising. Wilkins has 16 years of product development and merchandise experience, previously working at IMAX Worldwide Imports for 13 years as senior buyer, and most recently as director of product development at Kavana Decor by The Import Collection. In her new role, Wilkins will create a new higher-end lifestyle brand launching in fall of 2023 that aims to target furniture stores, interior designers and small retailers.
Mattress producer Serta Simmons Bedding named Guy Longworth as chief marketing officer and Brian Dengler as chief innovation officer. With more than 30 years of global marketing experience, Longworth held leadership roles at brands including Intuit and Sony Interactive Entertainment America, as well as technology startups like agriculture-tech company Farmers Business Network. In his new role, Longworth will be responsible for leading the SSB portfolio of brands and oversee the companys strategy and licensing business. Dengler brings more than 30 years of product development experience to SSB, previously holding senior leadership roles at Yeti, Newell Brands and most recently Instant Brands, a global manufacturer of kitchen and homeware appliances. Dengler will be responsible for SSBs innovation strategy, R&D and product development, aesthetics and advanced engineering.
Mattress company Saatva promoted Shari Ajayi to public relations director, Christina Heiser to content director and Kristen Jefferson to senior social media manager. A nine-year veteran of the home furnishings industry, Ajayi previously managed U.S. public relations and marketing for The Rug Company, and marketing and communications for the Americas at B&B Italia; in her new role, she will continue to lead public relations strategy as the brands first in-house publicist. Heiser has been with the company since 2018 and is an experienced writer, editor and content strategist with more than a decade of experience, previously holding roles at Womens Health and working with a variety of editorial and content marketing clients including The Vitamin Shoppe and LOral. Heiser will lead content strategy for Saatvas Sleep Enlightened blog. Jefferson joined Saatva as social media manager in 2020, having previously managed social media and corporate gifting for New Jerseybased gourmet food purveyor DArtagnan. Jefferson will continue leading social media strategy and influencer partnerships for the companys growing social media channels.
Industry Organizations The Chicago Architecture Center appointed Lisa Pickell, president of local design and architecture firm Orren Pickell Building Group, to its board of trustees. Pickell has led OPBG since 2017, expanding the firms footprint with custom home projects in Illinois, Indiana, Wisconsin and Michigan.
The University of Pennsylvania announced that Rossana Ju-shan Hu will lead the schools architecture department starting in January 2024. Co-founder of Shanghai-based design practice Neri&Hu, Hu will bring her multidisciplinary mindset and global view to the role. Her approach to urban renewal is exemplified in projects such as the Waterhouse at South Bund in Shanghai, and her firms designs have received international awards.
Science in Design, a program focused on educating interior designers about how their work can serve as a health resource, appointed Angela Harris to the certification advisory board. A product designer herself, Harris has worked with builders, developers and product manufacturers for the past 22 years and is the CEO, principal and founder of design companies Trio, Bode & Well and By Angela Harris.
Homepage image: Josefmicic/Adobe Stock
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Ligne Roset's new CEOs, Kravet appoints a new CMO and more - Business of Home
When Jeff Hargrave started his commercial construction company, Mahogany Inc., 32 years ago, he says the hardest part was finding work. Now, the hardest thing is finding people.
"Salaries are up," he said during the Baltimore Smart Business Dealmakers Conference. "If you've got a company where you've had people in your company for a long period of time, they're getting incremental raises. When you're bring other people in it's, Hey, I need $130, I need $150, I need $160, and you may have a senior PL making $120. So, that's a dilemma in construction. It's a real problem. But this is the market we're in and if you want to play you got to play. Sometimes you got to bite the bullet and hire those people at those salaries, then, of course, now you got to look at your people within and they need to be increased."
There's also the threat of training somebody up just to have them go to a competitor.
"That's the worst," Hargrave says. "Mahogany's taken young project engineers, young people who have no experience, and basically we groom them, we train them, we bring them up to the point where they're project managers. And of course, then someone comes at him and says, I'm gonna give you $115. And you've got three years experience in the industry. Do you make the decision to match that $115? Or do you let that individual walk? Those are decisions I have to make every day?"
Acme Paper & Supply Co. Vice President Andy Attman says as they put ads out on various platforms to hire for the many positions within the company, the quality of the people they're seeing apply just isn't what it used to be.
"We try to hire new, but then trying to get them to stay with us and not take the next higher paying job because we've trained them and they see they don't understand the investment that we may put into that aspect of it," Attman says. "We've got a couple openings that we just can't find the right people. We do collections and we get people who say, Hey, we do collections, I've worked as a cashier at Walmart. And that's what we'll get so people are not necessarily reading the job descriptions that we'll get a lot of the times."
From the senior leadership side, he says they're trying to find innovative thinkers.
"We don't want to be the same as everybody else," he says. "We try to promote innovation. So, we'll try to find people outside of our industry. But again, it's the education aspect of it for them to understand what we do and how we're a little bit different than most."
Looking at the real estate landscape, Owen Rouse, Jr., Senior Vice President at MacKenzie Commercial Real Estate Services, says in an environment in which remote work has become more prominent, there are a couple trends underway.
"Downsize to quality go from 30,000 to 15,000 (square feet), but I'm going up in rent," Rouse says. "Annually, my budget might be less, but I'm going to use nicer spaces as a recruitment and retention tool. There's a downside to the bottom line. I'm shedding 50 percent of my space. I'm saving the money. It's going into the company. Maybe I'll spend it on something else."
Some companies are closing large offices and popping up smaller offices in other markets while spending the same amount. Occasionally, a company will want two kitchens instead of one, they need some touchdown space, huddle rooms and they dump the big conference room and they'll upsize slightly. Overall, it's a fluid dynamic.
"There's blue chip renewals happening and there's companies shedding space," he says. "So, there's more to be revealed and it's not clear where it's going to end up."
While there are challenges in the market that can be attributed to the climbing interest rates, when Hargrave looks at the market, private and public, he says it's a great market right now.
"I just don't know who to believe," Hargrave says. "You hear the news, you watch the news, they talk about a recession, and all this other stuff, but I don't see it. Our backlog is as high as it's ever been in the 32 years we've been in business. There's more work out there than we can bid, so I just don't know where the slowdown is. And maybe it's coming. But I talk to the architectural firms because in construction, we try to get close to the architects because when they get slow, that means they're not designing, and that means we're going to not have anything to bid. But these guys are busy as well. So, I mean, private sector, public sector, it's booming right now."
Read the rest here:
Baltimore Business Leaders See An Economy of Both Ups And Downs - Smart Business Dealmakers
Olivier Le Moal
Author's Note: This is our monthly series on Dividend Stocks, usually published in the first week of every month. We scan the entire universe of roughly 7,500 stocks that are listed and traded on U.S. exchanges and use our proprietary filtering criteria to select five stocks that are relatively safe and maybe trading cheaper compared to their historical valuations. Some of the sections in the article, like 'Selection Process/Methodology,' are repeated each month with few changes. This is intentional as well as unavoidable, as this is necessary for the new readers to be able to conceptualize the process. Regular readers of this series could skip such sections to avoid repetitiveness.
************
A lot can happen in a month. The market recovered quite a bit during the last month before falling back somewhat in the last couple of days. During this time, another regional bank - First Republic Bank (OTCPK:FRCB) - in the U.S. failed and was quickly taken over by JPMorgan Chase & Co. (JPM) in a deal arranged by the Federal regulators.
The Fed is meeting right now as we write this and going to announce if they decide to raise the short-term interest rate by another 25-basis point or take a pause. The market is fully expecting another 25-basis point raise; however, there is not much consensus after that. We should get some clarity tomorrow, May 3rd.
By looking at the S&P 500 (SP500), we do not get the impression of a crisis or impending recession. Sure, the S&P500 is still down roughly 13% from its peak, but that is quite normal. However, there are two ominous signs that should cause some worry. First, almost all of the gains so far in 2023 are heavily concentrated in just the top seven technology stocks. Secondly, most of the U.S. yield curves are inverted and have been so for the last six months. If history is any guide, these are signs of a coming recession. But then, history does not always repeat. It could still turn out to be a soft landing or a minor recession if the Federal Reserve decides to pivot now.
All that said, a lot of uncertainties and stress points remain on the horizon. Against this backdrop, it is important to keep some cash reserves and dry powder ready to be able to deal with any scenario. At the same time, we believe it is not possible to catch the exact bottom (or the peak), so it is best to invest regularly and consistently in good, solid dividend-paying stocks when their valuations are attractive.
Data by YCharts
The main goal of this series of articles is to shortlist and highlight companies that have a solid history of paying and raising dividends. In addition, we demand that these companies support strong fundamentals, carry low debt, and are offered at a relatively cheaper valuation. These DGI stocks are not going to make anyone rich overnight, but if your goal is to attain financial freedom by owning stocks that would grow dividends over time, meaningfully and sustainably, then you are at the right place. These lists are not necessarily recommendations to buy but a shortlist of probable candidates for further research. The purpose is to keep our buy list handy and dry powder ready so that we can use the opportunity when the time is right. Besides, every month, this analysis is able to highlight a few companies that otherwise would not be on our radar.
Every month, we start with roughly 7,500 stocks that are listed and traded on U.S. exchanges, including over-the-counter (OTC) networks. By using our filtering criteria, the initial list is quickly narrowed down to roughly 700 stocks, which are mostly dividend-paying and dividend-growing stocks. From thereon, by using various data elements, including dividend history, payout ratios, revenue growth, debt ratios, EPS growth, etc., we calculate a 'Dividend Quality Score' for each stock that measures the relative safety and sustainability of the dividend. In addition to dividend safety, we also seek cheaper valuations. We also demand that the selected companies have an established business model, solid dividend history, manageable debt, and investment-grade credit rating.
This month, we highlight three groups with five stocks each that have an average dividend yield (as a group) of 2.68%, 5.14%, and 7.21%, respectively. The first list is for conservative and risk-averse investors, while the second one is for investors who seek higher yields but still want relatively safe dividends. The third group is for yield-hungry investors but comes with an elevated risk, and we urge investors to exercise caution.
Notes: 1) Please note that when we use the term "safe" in relation to stocks and investments, it should be interpreted as "relatively safe" because nothing is absolutely safe in investing. Even though we present only 5 to 10 stocks in our final list, one should have 15-20 stocks at a minimum in a well-diversified portfolio.
2) All tables in this article are created by the author unless explicitly specified. The stock data have been sourced from various sources such as Seeking Alpha, Yahoo Finance, GuruFocus, and CCC-List (drip investing).
Note: Regular readers of this series could skip this section to avoid repetitiveness. However, we include this section for new readers to provide the necessary background and perspective.
Goals:
We start with a fairly simple goal. We want to shortlist five companies that are large-cap, relatively safe, dividend-paying, and trading at relatively cheaper valuations in comparison to the broader market. The objective is to highlight some of the dividend-paying and dividend-growing companies that may be offering juicy dividends due to a temporary decline in their share prices. The excess decline may be due to an industry-wide decline or some kind of one-time setbacks like some negative news coverage or missing quarterly earnings expectations. We adopt a methodical approach to filter down the 7,500-plus companies into a small subset.
Our primary goal is income that should increase over time at a rate that at least beats inflation. Our secondary goal is to grow the capital and provide a cumulative growth rate of 9%-10% at a minimum. These goals are, by and large, in alignment with most retirees and income investors, as well as DGI investors. A balanced DGI portfolio should keep a mix of high-yield, low-growth stocks along with some high-growth but low-yield stocks. That said, how you mix the two will depend upon your personal situation, including income needs, time horizon, and risk tolerance.
A well-diversified portfolio would normally consist of more than just five stocks and preferably a few stocks from each sector of the economy. However, in this periodic series, we try to shortlist and highlight just five stocks that may fit the goals of most income and DGI investors. But at the same time, we try to ensure that such companies are trading at attractive or reasonable valuations. However, as always, we recommend you do your due diligence before making any decision on them.
Selection Criteria:
The S&P 500 currently yields less than 1.60%. Since our goal is to find companies for a dividend income portfolio, we should logically look for companies that pay yields that are at least similar to or better than the S&P 500. Of course, the higher, the better, but at the same time, we should not try to chase very high yields. If we try to filter for dividend stocks paying at least 1.50% or above, nearly 2,000 such companies are trading on U.S. exchanges, including OTC networks. We will limit our choices to companies that have a market cap of at least $10 billion and a daily trading volume of more than 100,000 shares. We also will check that dividend growth over the last five years is positive, but there can be some exceptions.
We also want stocks that are trading at relatively cheaper valuations. But at this stage, we want to keep our criteria broad enough to keep all the good candidates on the list. So, we will measure the distance from the 52-week high but save it to use at a later stage. Also, at this initial stage, we include all companies that yield 1% or higher. In addition, we also include other lower-yielding but high-quality companies at this stage.
Criteria to Shortlist:
By applying the above criteria, we got around 600 companies.
As a first step, we would like to eliminate stocks that have less than five years of dividend growth history. We cross-check our current list of over 600 stocks against the list of so-called Dividend Champions, Contenders, and Challengers originally defined and created by David Fish. Generally, the stocks with more than 25 years of dividend increases are called dividend Champions, while stocks with more than ten but less than 25 years of dividend increases are termed, Contenders. Further, stocks with more than five but less than ten years of dividend increases are called Challengers. Also, since we want a lot of flexibility and wider choice at this initial stage, we include some companies that pay dividends lower than 1.50% but otherwise have a stellar dividend record and growing dividends at a fast pace.
After we apply all the above criteria, we're left with roughly 312 companies on our list. However, so far in this list, we have demanded five or more years of consistent dividend growth. But what if a company had a very stable record of dividend payments but did not increase the dividends from one year to another? At times, some of these companies are foreign-based companies, and due to currency fluctuations, their dividends may appear to have been cut in US dollars, but in reality, that may not be true at all when looked at in the actual currency of reporting. At times, we may provide some exceptions when a company may have cut the dividend in the past but otherwise looks compelling. So, by relaxing some of the conditions, a total of 74 additional companies were considered to be on our list. We call them category 'B' companies. After including them, we had a total of 386 (312 + 74) companies that made our first list.
We then imported the various data elements from many sources, including CCC-list, GuruFocus, Fidelity, Morningstar, and Seeking Alpha, among others, and assigned weights based on different criteria as listed below:
Below we provide a link to the table with relevant data on 360 stocks. This table can be downloaded by readers for further analysis. Please note that the table is sorted on the "Total Weight" or the "Initial Quality Score."
File-for-export_-_5_Safe_DGI_-_May_2023.xlsx
We will first bring down the list to roughly 60 names by automated criteria, as listed below. In the second step, which is mostly manual, we will bring the list down to about 30.
From the above steps, we now have a total of 63 names (some categories had more than 10) in our final consideration. However, the following stocks appeared more than once:
Stocks that appeared two times:
AAP, ADP, BXP, CI, CVX, KEY, OVV, TFC (8 duplicates)
After removing nine duplicates, we are left with 55 (63-8) names.
Since there are multiple names in each industry segment, we will keep a maximum of two or three names (from the top) from any one segment. We keep the following:
Financial Services, Banking, and Insurance:
Banking: (RF), (TFC)
Financial Services - Others:
Insurance: (CINF), (BEN)
Business Services/ Consulting:
(ADP), (V), (ACN)
Conglomerates:
(CSL)
Industrials:
(CTAS), (DE), (GWW), (BALL)
Transportation/ Logistics:
Chemicals:
Materials/Mining/Gold:
Materials:
Mining (other than Gold): (CF), (SCCO), (RIO)
Gold: (OTCQX:NGLOY)
Defense:
None
Consumer/Retail/Others:
Cons-Staples: (ADM)
Cons-discretionary: (NKE)
Cons-Retail: (LOW), (AAP), (TGT)
Communications/Media
(VZ)
Healthcare:
Pharma: (PFE), (JNJ), (MRK)
Healthcare Ins: (UNH), (CI)
Technology:
(MSFT)
Energy:
Pipelines/ Midstream: (EPD), (MPLX), (ENB)
Oil & Gas (prod. & exploration): (CTRA), (EOG), (CVX)
Utilities:
(NRG)
Housing/ Construction:
(LEN)
REIT:
(VICI), (BXP)
In this step, we construct three separate lists of five stocks each, with different sets of goals, dividend income, and risk levels.
The lists are:
1) Conservative Dividend list,
2) Moderately High Dividend List,
3) Ultra High Dividend List, and
4) A combined list of the above three (duplicates removed).
Out of the top 50 (55, to be precise), we make our judgment calls to make these three lists, so basically, the selections are based on our research and perceptions. So, while most of the filtering was based on automated criteria, the last step is a subjective one. We try to make each of the three lists highly diversified among various sectors and industry segments and try to ensure that the safety of dividends matches the overall risk profile of the group. We certainly encourage readers to do further research on the highlighted names.
Nonetheless, here are our three final lists for this month:
Final A-List (Conservative Safe Income):
Average yield: 2.68%
Table-1A: A-LIST (Conservative Income)
Author
**EOG - Dividend yield has been calculated based on the most recent quarterly dividend amount of $0.825 per share, plus some rough estimates for the variable amount. In the most recent quarter, $1.00 was paid as a variable amount, but it has come down from a level of $1.50 from the previous quarter. It is important to know the variable amount is variable and is subject to change every quarter. The dividend yield shown in the table above (for EOG) is simply our estimate for 2023 for the purpose of our rating calculations and may not reflect the actual yield. Please note that most financial websites show yield without including the variable amount.
We think this set of five companies (in the A-List) would form a solid diversified group of dividend companies that would be appealing to income-seeking and conservative investors, including retirees and near-retirees. The average yield of 2.68% is a bit low but still a lot more than that of the S&P500. The average dividend growth history is nearly 20 years, and the average discount from a 52-week high is very attractive for these stocks at -16%. Also, four of the five companies have an excellent credit rating of A- or higher. If you must need even higher dividends, consider B-List or C-List, presented later.
EOG (EOG Resources, Inc):
This month, from the energy sector, we have selected EOG (previously Coterra - CTRA); however, both companies can be treated at par. We may or may not have seen the peak price of oil in the year 2022; we do not know. Nonetheless, the investment thesis for most energy companies has changed quite a bit for 2023, and companies like EOG (or CTRA) are no exception. In the year 2023, the average oil prices are likely to be much lower than 2022 levels but still remain elevated. More recently, the outlook has soured further due to weakening demand.
In a nutshell, EOG is a solid energy company and is likely to do well as the world will keep using these products for a long time in spite of the push for green energy. EOG has many strong positives, including a solid balance sheet and a highly efficient but large footprint in U.S. operations. Moreover, the company is very shareholder friendly and has been distributing nearly 60% of cash flow to shareholders. Including the variable quarterly dividend of $1 a share and a regular dividend of $0.8250, the yield is roughly 6.1% at current prices. However, it should be noted that its variable payout that has come down from 2022 levels and is likely to moderate further in 2023 or 2024. The stock price appears to be undervalued and nearly 20% down from its 52-week high.
PFE (Pfizer):
We include Pfizer in all our lists this month for several reasons. The most important factors are a relatively cheaper valuation and its high dividend yield at 4.2% for a major pharma company. In its Q1'23 earnings (reported May 2nd), the company outperformed analysts' estimates in terms of both revenue (at $18.3bn) and EPS (at $1.23 on an adjusted basis). However, the stock price remained mostly flat because it is all about the future and not the past. In fact, the stock price has seen some weakness in recent months due to the Covid reset and the expected decline in Covid-related revenue going forward. Most of the Covid vaccine mandates are over now, and people are less likely to get those vaccines. All that said, the stock appears to be undervalued, as it is down nearly 28% from its peak in 2022. In its future plans, the company has committed to much higher R&D spending. Back in March this year, Pfizer also announced that it would acquire the biotech company Seagen Inc. (SGEN) for $43 billion. The deal appears to be expensive, but it should add long-term value to Pfizer. When the deal goes through, it is possible that the company may look at cutting some expenses, including reducing the dividend payout to some extent. So, the current high yield should be taken with a grain of salt. Also, investors should not expect very high growth from Pfizer, just a high and stable dividend from a large pharma company.
MSFT (Microsoft):
MSFT needs no introduction here. It is one of the seven top companies in the S&P500 index. It is by no means cheap and fully valued right now, especially after the excitement around its investment in ChatGPT and the strength it displayed in its most recent quarterly report. However, we believe the company is a long-term winner, and its fully valued price would not matter much if you were to hold it for the next ten or more years. The current dividend is low but as safe as it can get.
CSL (Carlisle Companies):
CSL is a global company that manufactures a diverse range of products, including highly engineered products. Its manufactures products for commercial roofing, architectural metal, and specialty polyurethane. It caters to customers in diverse sectors, such as aerospace, medical, defense, transportation, and industrials. It has paid and raised the dividend for the past 47 years and is just shy of 3 years of being a dividend king. The company's stock is trading at an attractive valuation and is nearly 30% below its 52-week high. Although the dividend yield is still too low at 1.33%, this is one of the safest, low-risk dividend aristocrats out there. We include this in our A-List for the reasons of safety, dividend reliability, and relatively cheaper valuation.
Final B-List (High Yield, Moderately Safe):
Average yield: 5.14%
Note 1: Very often, we include a few low-risk stocks in B-List and C-list. Also, oftentimes, a stock can appear in multiple lists. This is done on purpose. We try to make each of our lists fairly diversified among different sectors/industry segments of the economy. We try to include a few of the highly conservative names in the high-yield list to make the overall group much safer.
Original post:
5 Conservative And Cheap Dividend Stocks To Invest In - May 2023 - Seeking Alpha
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