Spending unexpectedly fell in May, dragged down by private construction.
Latest In Building Materials/Construction
Door, frame and hardware distributor The Cook & Boardman Group expands coverage in the northeast with three new material distributors.
The specialty construction supplies distributor wants to purchase most of the annual energy generated by a new solar facility in North Texas.
The distributor saw sequential improvement in 4Q as volume growth across major product lines was partially offset by steel price deflation.
The company says the deal allows it to better serve the “complex purchase occasion” and establishes it as a leading specialty trade distributor across multiple vehicles.
With over six locations in central Minnesota, Simonson Lumber’s presence will enable Kodiak to meet construction demand in the state.
Investors of the new publicly-traded building materials distributor QXO include long-time XPO shareholders.
Specialty construction supplies distributor White Cap expands its value-added services in concrete construction with its latest acquisition.
The addition of Virginia-based full-service rebar fabricator Rebar Solutions expands White Caps' offers in the Northwest region.
Specialty building materials distributor US LBM expands its network in the Albuquerque region, which has been a high-demand housing market.
Year-to-date, spending is pacing strong at 10.9% above the first four months in 2023.
Specialty building materials distributor US LBM names Russell Tiejema as Executive Vice President and CFO to succeed Patrick McGuiness.
A new Milwaukee location will allow Cameron Ashley to offer its same-day and next-day delivery to more customers in eastern Wisconsin.
The company is set to separate its electronics and water businesses from its industrial unit.
It marks White Cap’s fourth acquisition in 2024, all since the start of April.
In GMS' third deal of the year, the specialty building products distributor will add Yvon Building Supply and its affiliate companies.
In its third deal of the year, construction and safety supplies distributor White Cap will add Michigan-based safety product distributor.
It gains the building products distributor a foothold in Teton Valley community along the Idaho/Wyoming border.
TopBuild is set to add Arkansas-based Insulation Works, which has three locations.
Year-over-year sales turned positive after a prolonged period of decline, while margins, profit and EBITDA all were down.
