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CPI Aerostructures Announces Decision to Expand Manufacturing Operations on Long Island


CPI Aerostructures Announces Decision to Expand Manufacturing Operations on Long Island
– Company Will Retain Existing Jobs and Add 85 New Full-Time Jobs Over Five Years –  
– Company Will Receive Up to $3.75 Million From Empire State Development and Remain and Grow in New York State –
EDGEWOOD, N.Y., Feb. 18, 2021 (GLOBE NEWSWIRE) CPI Aerostructures, Inc. (CPI Aero
®) (NYSE American: CVU) today announced that Empire State Development (ESD) has awarded the company up to $2.7 million in Excelsior Jobs tax credits and an ESD Capital Grant of $1.05 million as incentive for CPI Aero to remain headquartered and grow in New York State. CPI Aero has committed to remaining on Long Island. To receive the maximum award, the Company over the next five years expects to invest over $5.7 million in new equipment, upgrades, and facility improvements, retain its current workforce and add 85 new full-time jobs. In connection with the New York State incentive, CPI has ....

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Sterling Ranked 15th on Forbes' 2021 America's Best Small Companies List


Press release content from Business Wire. The AP news staff was not involved in its creation.
Sterling Ranked 15th on Forbes’ 2021 America’s Best Small Companies List
January 8, 2021 GMT
THE WOODLANDS, Texas (BUSINESS WIRE) Jan 8, 2021
Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that the Company was ranked fifteenth on Forbes’ 2021 list of America’s Best Small Companies.
Forbes complied its list of America’s Best Small-Cap Companies for companies with a market capitalization of between $300 million and $2 billion, positive sales growth over the past 12 months and a share price of at least $5. Financial institutions, REITs, utilities, and limited partnerships were excluded, as were companies that were public for less than one year. All data used by Forbes was as of November 25, 2020. The entire Forbes’ 2021 America’s Best Small Companies list can be found at: https://www.forbes.com/lis ....

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Sterling and SEMA, Inc. Joint Venture Awarded $35.7 Million Project in Colorado


Press release content from Business Wire. The AP news staff was not involved in its creation.
Sterling and SEMA, Inc. Joint Venture Awarded $35.7 Million Project in Colorado
January 7, 2021 GMT
THE WOODLANDS, Texas (BUSINESS WIRE) Jan 7, 2021
Sterling Construction Company, Inc. (NasdaqGS: STRL) (“Sterling” or “the Company”) today announced that a joint venture between Sterling’s subsidiary, Ralph L. Wadsworth Construction Company, LLC (“RLW”/51% interest) and SEMA, Inc. (“SEMA”/49% interest), have been selected by the Colorado Department of Transportation (“CDOT”) to design and perform rehabilitation work on Colorado’s I-25 from SH66 to SH402. The design finalization and execution of the project is estimated to approximate $35.7 million with Sterling’s portion approximating $18 million. The project commenced in December 2020 and is expected to be completed in the second quarter of 2023. ....

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