- Digitalization Initiatives: IFSP is actively involved in digitalization efforts, aiming to integrate data sharing, streamline operations, and enhance predictive decision-making in water infrastructure services. This includes utilizing advanced drone technologies for tasks like pipeline inspection, asset management, hydrological assessment, and more.
- Challenges Turned into Opportunities: Texas faces challenges in aging water infrastructure, funding shortages, and cybersecurity threats. However, AIGI sees these challenges as opportunities for growth, resilience, and innovation. The Infrastructure Investment and Jobs Act, along with state initiatives, provide avenues for addressing these challenges.
- Market Emphasis: The announcement underscores the importance of investments, technological advancements, and strategic initiatives in the water infrastructure services market, both in Texas and the broader United States, as the industry adapts to aging infrastructure and changing climate conditions.
Houston, Texas – November 29, 2023 – American Infrastructure Group, Inc. (AIGI), known for its innovative infrastructure solutions, has announced plans to acquire Texas-based Infrastructure Field Services Provider (IFSP). Renowned as a heavy construction contractor, IFSP brings over 50 years of expertise in water and wastewater treatment for Texas municipalities. Their respected industry standing comes from a combination of experienced personnel, strong vendor partnerships, and specialized services ensuring competitive profits.
“In an era where challenges are often perceived as setbacks, we at American Infrastructure Group, Inc. choose to view them as catalysts for growth and innovation. The acquisition of IFSP marks a significant milestone in our journey towards revolutionizing water infrastructure services. Our commitment to digital transformation and advanced drone technology is not just about modernizing operations; it’s about creating a resilient, efficient, and sustainable future for water utilities. Texas’s aging infrastructure, seen through our lens, is an opportunity to rebuild and enhance, not just a hurdle to overcome. This initiative is a testament to our belief in the power of technology and innovation in turning potential obstacles into stepping stones for progress and prosperity.” – David Singleton, COO of Field Services, American Infrastructure Group, Inc.
Expansion Plan & Full Stack Solution
Digitalization offers significant competitive advantages for water infrastructure services providers, enabling a full-stack solution that encompasses a wide range of services and applications. These digital advancements empower water utilities and municipalities to better manage water supply and demand patterns while enhancing overall efficiency and sustainability. The following outlines the types of services that form a comprehensive digital solution:
Current Services Offered by IFSP:
- Water Plant Construction: Involves new plant construction and building refurbishments, encompassing electrical systems, clarifiers, filters, piping, pumps, and more.
- Wastewater Construction: Encompasses new wastewater treatment plant construction and refurbishment of electrical systems, clarifiers, aeration, chemical feed, and related work.
- SCADA and Process Systems: Provides comprehensive plant-wide automation with local, remote, and auto control capabilities.
- RO and Microfiltration Plants: Expertise in constructing desalination and surface water microfiltration plants with capacities ranging from 1 to 8 million gallons per day (MGD).
IFSP’s digitalization initiatives include:
- Community Integration: Facilitating data sharing among stakeholders, fostering integrated planning, and introducing innovative products and services that contribute to sustainability.
- End-to-End Transformation: Streamlining business unit integration for optimal resource utilization, sustainability, and efficient operation.
- Predictive Operations: Leveraging predictive models and applications for proactive decision-making, sustainable practices, and efficient water system utilization.
- Visual Communication: Enhancing water’s visibility and value within urban environments while promoting customer awareness of its significance.
- Financial Sustainability: Optimizing operational expenditures (OPEX) and asset management, alongside prudent capital expenditures (CAPEX), to ensure long-term financial stability.
In addition to these digitization efforts, IFSP harnesses advanced drone technologies to further enhance its services:
Advanced Drone Applications:
- Pipeline Inspection: Utilizing drones with advanced sensors and cameras to detect leaks and assess pipeline condition.
- Asset Management: Drones monitor critical infrastructure assets, aiding in timely maintenance and reducing downtime.
- Hydrological Processes Assessment: Drones provide valuable insights into water systems’ dynamics and environmental impacts.
- River and Lake Monitoring: Drones equipped with advanced sensors assess water quality, vegetation health, and ecosystem conditions.
- Flood Risk Assessment: Drones offer rapid assessments and real-time monitoring of flood-affected areas.
- Industrial Outfall Monitoring: Drones detect and assess industrial wastewater discharge, ensuring environmental compliance.
- Soil and Water Conservation: Drones identify soil erosion, water pollution, and riparian zone health to support responsible resource management.
By leveraging digitalization and advanced drone applications, water infrastructure services providers gain a competitive edge through improved efficiency, data-driven decision-making, environmental responsibility, and enhanced customer engagement, contributing to sustainable water management.
Addressable Market
(American Society of Civil Engineers) Ranking:
Texas | America | |
Wastewater | D | D+ |
Drinking Water | C- | C- |
Leveraging Aging Infrastructure for Opportunity:
In Texas, we see the aging water infrastructure not as a challenge but as an opportunity for transformation. Our expertise lies in rejuvenating water mains, pipes, and treatment facilities that have witnessed the effects of underinvestment over the years. We understand that this aging infrastructure can be the foundation for a more resilient and sustainable water system.
Investment-Driven Growth:
Investment in water infrastructure is the key to progress. It’s reassuring to note that a significant portion of utilities recognized the need for investment in 2019, and this realization has grown even stronger during challenging times. The American Society of Civil Engineers’ estimate of the substantial cumulative costs from 2013 to 2020 underscores the immense potential for growth and improvement in the sector.
Funding Opportunities:
We see the funding challenge as an avenue to explore new opportunities. While public visibility of infrastructure issues often comes after failures, the Infrastructure Investment and Jobs Act signed in 2021 has allocated a remarkable $55 billion to water infrastructure projects. These funds not only address immediate concerns but also pave the way for innovations in addressing contaminants like PFAS and lead.
Climate Resilience as a Cornerstone:
Our commitment to climate resilience is unwavering. The 2021 cold wave highlighted the need for infrastructure that can withstand extreme conditions. We see this as an opportunity to design and maintain water systems that are not just robust but also environmentally responsible.
Government Initiatives:
Federal and state governments are actively taking steps to bolster water infrastructure. The Infrastructure Investment and Jobs Act, in particular, provides a substantial boost to projects such as desalination, water conservation, and water recycling. These initiatives align perfectly with our vision for sustainable water solutions.
Embracing Technology for Efficiency:
While the water industry is still in the early stages of digital transformation, we view this as an exciting journey. We understand that the adoption of digital technologies can revolutionize health, safety, and efficiency in water utilities. Challenges like data scarcity and labor-force training are not hurdles but opportunities for growth and innovation.
In Texas, we see water infrastructure not just as pipes and treatment facilities but as the foundation of a brighter, more resilient, and sustainable future. It’s not about the challenges; it’s about seizing the advantages and turning them into opportunities for progress
About American Infrastructure Group, Inc.
American Infrastructure Group, Inc. is an infrastructure services company headquartered in Houston, TX focusing on providing a comprehensive solution stack including asset integrity, data collection, data fusion and field services. Our data technology division offers software solutions and industrial drone operations. Our field services division offers infrastructure construction, installation, and maintenance services to governments, municipalities, and companies.
Corporate Website: http://AmericanInfrastructureGroup.com
Contact:
Peter Quinn, Senior Adviser
Address: 710 N Post Oak, Suite 400 Houston, Texas 77024
Phone: 1-832-464-4460
Email: Peter.Quinn@AmerInfraGroup.com
Forward-Looking Statements
Certain statements herein, including those regarding the extent and timing of our production and other operations, as well as our liquidity, are “forward-looking statements” subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission. American Infrastructure Group, Inc. and InfraSix, LLC disclaim any obligation to update this information.
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