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To lead the team, Relevant has appointed Steve Bernard as Vice President of Business Development.
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month, according to ABC.
The decline in sales was primarily driven by a weak housing market that has plagued the building materials and construction industries for the past year.
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.
Smulski and Hill both have previous experience as sales leaders with Danfoss.
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.
