August 12, 2009
Reed Elsevier Announces 2009 Interim Results, Retains Reed Construction Data
August 11, 2009 - Reed Elsevier, a world-leading publisher and information provider in the science and medical, legal, education and business-to-business sectors, today announced its 2009 Interim Results, which includes news that Reed Construction Data (RCD) is being retained in its entirety by Reed Elsevier amidst the divestment of the controlled circulation magazines of Reed Business Information U.S. (RBI US).
The strategy, portfolio and business model of Reed Construction Data, which includes its U.S. and Canadian divisions and RSMeans, closely aligns with Reed Elsevier’s core focus.
As an integral part of the U.S. information strategy for RBI, RCD will continue developing its core offerings, including its construction project lead services, construction cost data tools and resources, building information modelling (BIM) solutions, building product directory, market analytics and B2B marketing opportunities.
“RCD is entering an exciting phase and one which I am confident will bring us many opportunities,” said Iain Melville, CEO, Reed Construction Data. “By focusing on our customers and pushing the boundaries of innovation, this organisation can continue to grow as a resource for the construction industry.”
RBI will also retain the Variety, Marketcast and BuyerZone divisions.
Reed Construction Data, a division of Reed Business Information and the Inaugural Strategic Partner of the AIA, is a leading North American provider of construction information through a diverse portfolio of innovative products and services. Reed offers its customers building information modeling (BIM) solutions, construction project leads, building product information, construction cost tools, market analytics and construction news through a suite of online and print references — all valuable resources for architects, engineers, contractors, manufacturers, distributors and other professionals in the construction industry. For more information, visit www.reedconstructiondata.com or call 877-REED411.
Reed Business Information, a part of the Reed Elsevier Group plc (NYSE:RUK and ENL), is North America’s largest business-to-business information provider, with more than 80 market-leading publications, 55 Websites and a range of leading business-to-business services.
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Reed Construction Data Canada’s Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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