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QXO issued a separate release extending its all-cash tender offer to acquire outstanding shares to April 28.
U.S. cutting tool consumption declined in February compared to both the previous month and the same month last year, reflecting ongoing market uncertainty.
Manufacturers Alliance Resource Network expanded its representation of automation and control solutions across the Mid-Atlantic region with the agreement.
Lennox is expanding its distribution and training infrastructure in the Dallas-Fort Worth area with new facilities to support growth and enhance customer experience.
The firm appointed a new CFO to lead its financial operations across the U.S. and Europe, bringing 25 years of private equity experience to the role.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
The March report showed a month-to-month decline in housing starts but an annual increase, with permits and completions also showing mixed trends.
ABB announced plans to spin off its robotics division in its largest portfolio shift since 2018, aiming for a separately listed entity in 2Q26.
QXO announced a public stock offer to support its planned acquisition of Beacon Roofing Supply as part of its broader growth strategy.