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With the sale, ABB said it has now completed all divisional portfolio divestments announced at the end of 2020.
Form Tech provides concrete forming and shoring rental equipment and related consumable products serving contractors through seven locations.
Negotiations between UPS and the union representing about 340,000 employees stalled July 5 after the parties failed to reach a deal on pay.
New orders for manufactured goods in May increased $1.6 billion, or 0.3%, to $578.0 billion, according to the Census Bureau.
The CHIPS and Science Act and the Inflation Reduction Act are linked to the recent rise in construction spending, according to the WSJ.
Building product manufacturer JELD-WEN's sale of its Australasia business will streamline the company while maximizing shareholder value.
Gartner’s eighth annual Women in Supply Chain Survey was conducted February-March of 2023 and surveyed 225 supply chain leaders.
The new report is titled 'Building Trust through Our Commitments,' White Cap said in its June 29 announcement.
While overall construction spending rose, nonresidential construction spending decreased for the fist time in nearly a year.
Following a 28-month period of growth, economic activity in the manufacturing sector contracted in June for the eighth consecutive month.
