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Construction input prices dipped 0.1% in September compared to the previous month but remained 41% ahead of February 2020 pre-COVID levels.
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The company is investing $34 million into a new facility that will house its headquarters and distribution operations.
Schneider plans to install new technology at facilities in Kentucky and Nebraska to improve their efficiency.
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Changes include the appointment of Andrew G. Long as EVP, CEO, products & healthcare services segment, replacing Jeffrey T. Jochims.
The lab was built to centralize the company's test rigs and bring together the research and product development teams.
Backlog is once again above the level observed at the start of the pandemic, according to the Associated Builders and Contractors.
Stellar said the deal will give the company 'an immediate and strong market presence in the Rocky Mountain region.'
The deal, which still must be approved by Linde’s board of directors and federal regulators, could close sometime later this year.
This deal is expected to strengthen the company's plans to provide technical expertise and 'relentless' efforts to serve customers.
