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Engineering News-Record and Architectural
Record Each Win 2002 Jesse H. Neal Awards
McGraw-Hill
Construction Information Group Publications Recognized for Editorial
Excellence in Business Journalism
McGraw-Hill Construction Information Group
(CIG) and the National Association of Home Builders (NAHB) Form
Strategic Alliance
Residential Catalog File and Residential
Directory to be co-branded by CIG's Sweet's Division and NAHB
NEW YORK, N.Y., November
19, 2001 - The McGraw-Hill Companies' (NYSE: MHP) Construction
Information Group (CIG) and the National Association of Home Builders
(NAHB) today announced a strategic alliance that unites the nation's
largest and most influential builders association with the construction
industry's leading product marketplace.
The agreement calls for the co-branding of CIG's Sweet's Division
Residential Catalog File and Residential Directory-the industry's
leading product catalogs for home builders and remodelers-and for
NAHB to provide editorial content to the Sweet's Product News periodical.
The alliance, to be managed by CIG's Sweet's division, will allow
the publisher to significantly expand its customer community by
extending its reach to more than 205,000 NAHB home builder, remodeler
and associate members.
The alliance opens the most influential and active audience in the
residential building and remodeling market to building product manufacturers
and service providers who use Sweet's. NAHB members will receive
complimentary copies of both popular catalogs, and links between
sweets.com and nahb.com will allow all members to access Sweet's
Residential Marketplace online.
"The National Association of Home Builders is one of the finest
organizations in construction and certainly one of the most important
to McGraw-Hill's Construction Information Group and Sweet's. We
are extremely delighted to align ourselves with NAHB and look forward
to a mutually beneficial relationship," said Norbert Young, president,
McGraw-Hill Construction Information Group.
ent.
"This alliance with Sweet's brings a new value-added benefit to
NAHB members and compliments the many leading-edge products and
services our members already enjoy," said Jerry Howard, chief executive
officer of NAHB. "We're delighted to be able to provide these indispensable
reference tools to all of our members free of charge. We believe
the benefits this alliance delivers to the our membership is reason
enough for home builders to join NAHB if they don't already belong."
"This agreement to co-brand Sweet's Residential Catalog File and
Residential Directory is a terrific opportunity to meet the needs
of home builders and remodelers. By delivering robust and comprehensive
product information to these leading professionals, this alliance
will make a positive impact in this critical construction category,"
said Howard Mager, senior vice president and general manager of
Sweet's.
About NAHB:
The National Association of Home Builders is a Washington-based
trade association representing more than 205,000 members involved
in home building, remodeling, multifamily construction, property
management, subcontracting, design, housing finance, building product
manufacturing and other aspects of residential and light commercial
construction. Known as "the voice of the housing industry," NAHB
is affiliated with more than 800 state and local home builders associations
around the country. NAHB's builder members will construct about
80 percent of the more than 1.5 million new housing units projected
for 2001. During a typical year, residential construction accounts
for about five cents of every dollar spent in the U.S. economy,
making home building one of the largest and most influential industries
in the country.
About McGraw-Hill Construction Information
Group
The Construction Information Group is the world's premier information
provider to the commercial construction industry. With its leading
brands F.W. Dodge, Sweet's, Engineering News-Record, Architectural
Record, and Design-Build, and the industry's most popular Internet
portal, construction.com, CIG provides the latest industry intelligence
and interactive solutions that enable construction professionals
to do their job faster, better and cheaper. CIG employs more than
1,700 professionals around the world.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a global information
services provider meeting worldwide needs in financial services,
education and business-to-business information through leading brands
such as Standard & Poor's, BusinessWeek and McGraw-Hill Education.
The Corporation has more than 300 offices in 33 countries. Sales
in 2000 were $4.3 billion. Additional information is available at
http://www.mcgraw-hill.com.
construction.com Contact:
John Puccio
RF Binder Partners
(212) 593-6389
john.puccio@rfbinder.com
NAHB contact:
Lori Forcey
NAHB
(202) 266-8409
lforcey@nahb.com
© 2001 The McGraw-Hill Companies - All Rights
Reserved
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