Based in Des Moines, Rising Star distributes a range of exterior building products, including siding, windows, doors, manufactured stone veneers and more.
Latest In Building Materials/Construction
QXO re-extended its all-cash tender offer, with Brad Jacobs challenging the Beacon board’s resistance. Beacon issued a prompt response.
Efforts to curb the U.S.' reliance imported timber and lumber are underway, as Trump calls for domestic production to lower construction costs and security risk.
Houston-based Kris-Con is a distributes a range of construction products and equipment rentals, including hand tools from Makita, Bosch and Milwaukee.
The company achieved company records for 4Q and annual sales despite October-December daily sales growth that was half of the previous quarter.
Builders FirstSource has appointed two industry leaders with experience in technology and eCommerce to its board, effective March 1.
Home Depot reported an improvement in customer demand in 4Q as the company broke a same-store decline in sales which persisted over the past two years.
Both companies also acknowledged how many Beacon shares have been tendered as of Feb. 24 and gave opposing views on what it says about the offer.
The company reported a decline in 4Q sales and gross margin, impacted by lower core organic sales and ongoing single-family and multi-family margin normalization, respectively.
See the detailed roster of directors QXO proposed, as well as Beacon's prompt response.
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It is the second deal US LBM announced in two days.
As both sides continue to dig in, get the latest key takeaways from statements shared Feb. 6.
Portland, OR-based JLA Supply is a distributor of sealants, waterproofing and concrete accessories.
Walker Lumber & Supply is a distributor of building products, offering customers an extensive line of lumber and hardware in Central Tennessee.
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QXO calls the agreement "shareholder-unfriendly" and a “poison pill”.
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Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
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