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DXP made four acquisitions during 2022 and ended the year by raising $105 million in borrowings to fund further growth.
The U.S. central bank signaled that the latest rate hike may not be the last, but is likely nearing the end of aggressive increases.
The acquisition is PPG's second under the ownership of Auxo Investment Partners, which acquired the brand in September 2020.
The organization's newly elected director is François Deschênes, who is President & CEO of Deschênes Group Inc.
Changes also will include U.S. site expansions, site transformations into manufacturing centers of excellence and site consolidation.
Verusen is showcasing its new offering this week (March 20-23) at ProMat Chicago.
The new facility adds nearly 20,000 square feet of warehouse and office space to IEWC’s footprint within Asia.
The layoffs will occur within “the next few weeks,” according to Amazon CEO Andy Jassy.
The move would allow DSG to register one or more future offerings of up to $500 million of equity and debt securities of the company.
The contract includes a potential maximum of 41,500 stations, which can be ordered during the contracts period of performance.