Reed Construction Data and Hanley Wood Announce Alliance to Deliver Enhanced Product Directories to the Construction Marketplace

We just received a notice that Reed Construction Data and Hanley Wood, LLC will be entering a strategic alliance that we believe will enhance the way information is transferred among the building product industry.  Read below for the press release.

NORCROSS, GA (June 10, 2010) - Reed Construction Data (RCD) and Hanley Wood, LLC today announced they have signed a letter of intent to enter into a strategic alliance that will open up proprietary information channels in a pioneering effort to deliver richer, more valuable content to the construction industry.

The alliance will leverage the existing products, audiences, customer relationships, capabilities and expertise of each organization to deliver the most comprehensive, data and content rich directories in the commercial construction marketplace and other construction related audiences.

"With this agreement we're embracing an integrated strategy that will leverage core information assets of our respective entities to benefit a broad array of construction industry professionals," said Reed Construction Data CEO Iain Melville. "Hanley Wood is a true leader in the construction media and information business and we're excited to work with an organization that has proven its commitment to finding new ways to deliver innovative solutions."

"We're pleased to be moving forward with this collaborative strategy to enhance our collective commercial market product offerings and capture additional market share," said Hanley Wood CEO Frank Anton. "Reed Construction Data is a well respected provider of product and project information, cost data and market analytics in the construction space. Coupled with the rich content and audience mindshare of Hanley Wood, together we will create solutions that deliver broader and more in-depth access to industry information."

The endeavor will initially focus on integrating content from RCD's construction product directory, SmartBuilding Index, with information available through several of Hanley Wood's Web and tradeshow channels. In addition to providing enriched content, this joint effort will create new and unique marketing opportunities for building product manufacturers and construction companies.