Builders FirstSource appointed a former PepsiCo, Microsoft and Amazon executive as its new President of Technology and Digital Solutions to lead digital innovation and oversee the company's Paradigm subsidiary.
Latest In Building Materials/Construction
U.S. construction spending dipped in April, marking a second consecutive monthly decline, with drops in both residential and nonresidential private sectors.
This is White cap’s fifth deal completed or announced in 2025.
The Home Depot appointed a new EVP and CIO to lead its technology strategy and drive continued digital innovation across the business.
Cameron Ashley opened a new DC in Fort Pierce, expanding its footprint to more efficiently serve the Treasure Coast region.
Advanced Fastening Supply is a supplier of fasteners, tools, safety products and related accessories to both commercial and residential markets.
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The annual report detailed that over half of U.S. building materials suppliers saw sales decline in 2024, showing a sluggish market despite modest overall revenue gains.
QXO and Beacon frequented MDM's headlines during the first five months of 2025, culminating with QXO's $11 billion purchase of the distributor. With the landmark deal now completed, Craig Webb and Mike Hockett analyze how it happened and what it means for the building materials sector as just the first big move in QXO’s ambitious, acquisitive growth strategy.
The company appointed a new CFO to lead its financial strategy, capital markets activities and drive growth, bringing three decades of experience in capital markets.
Raider Hansen is a western Canada-based distributor of tools, safety gear and equipment, serving a range of industries such as construction, plumbing and electrical.
Four planned Colorado locations have been designed to work in conjunction to offer a comprehensive range of products and services in the region.
The building materials distributor was still able to churn out a modest profit, though EBITDA production was roughly half that of a year earlier.
The landmark acquisition cements QXO's presence as a major building materials distributor, and it's just getting started.
With 45 branches across 23 states, REW Materials is a distributor of interior and exterior building materials, offering both specialty and commodity products.
QXO issued a separate release extending its all-cash tender offer to acquire outstanding shares to April 28.
QXO announced a public stock offer to support its planned acquisition of Beacon Roofing Supply as part of its broader growth strategy.
QXO appointed a new Chief Technology Officer, effective April 21, bringing experience from top tech companies.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Lowe's is set to acquire Artisan Design Group, which provides design, distribution and installation services for a range of products and services, including flooring, cabinets and countertops.
