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The central bank lifted rates by a quarter of a percentage point but indicated it may pause further increases.
The distributor of rubber sealing products, O-rings, gaskets and associated technical products marks AFC's fourth acquisition in 2023.
The acquisition is expected to close in 2023's third quarter.
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of federal data.
Daikin Applied's regional service operations will combine with the Carroll Air Systems service team, according to a news release.
The new campus, located in Long Beach, includes an 1,800-square-foot showroom and a 20,000-square-foot warehouse.
The company reported 1Q 2023 gross profit of $98.4 million, down from the $107.8 million reported during the same quarter in 2022.
Norcan is a distributor of fluid power and pneumatic products with eight locations across western Canada.
Southern Janitor will be the first Florida location for BradyIFS.
Home Lumber is GMS's fourth acquisition of 2023.
