Kimball selected Newtown, Connecticut for its strategic location.
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Builders FirstSource Executive Vice President Dave Rush has been appointed interim CEO while a search for a permanent successor is conducted.
The new US LBM facility will focus on roofing and siding, the company said in its announcement.
U.S. producer prices increased less than expected in October, according to data released by the U.S. Bureau of Labor Statistics.
Nick Falgiatano, who currently serves as a regional sales manager with Sandvik Coromant, will assume his new role Dec. 1.
After surpassing its pre-pandemic level in September, backlog is now back below the reading observed at the start of the pandemic, according to ABC.
Jose Munoz held several positions with AMETEK prior to his promotion.
The transaction brings Envoy's total number of transactions in 2022 to 20.
Jerome Bobinet will oversee all PIP business activities in Europe, the Middle East and Africa, the company said.
The acquisition expands Bostwick-Braun's industrial division.
ADS will rebrand following the acquisition, according to a news release announcing the deal.
The Center of Excellence aims to help the fastener manufacturer and distributor build relationships with its customers.
An economic slowdown within the next 12 months is looking increasingly likely, according to economists.
Kelly Evans retired effective Nov. 1, and the fasteners and packaging supplies distributor has named his successfor.
For a purchase price of $400 million, the transaction is expected to close in early 2023.
Despite waning growth in non-residential construction markets, total daily sales growth essentially matched September’s.
The acquisition is MCE's third of 2022 and seventh since 2021.
Oberon designs and manufactures a wide variety of Arc Flash safety products, including suits, face shields and gloves.
The new facility will provide an increase in hydraulic manufacturing, maintenance and inventory services to businesses in the Northeast.
Central Hydraulics operates five locations across Florida, expanding SBP's footprint in the U.S. to approximately 85 locations.