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The December PMI registered 60.7%, an increase of 3.2% from the November reading of 57.5% and an eighth consecutive month of expansion.
Following this transaction, effective immediately, both Drillco and Triumph will continue to operate under their own respective brands.
Latest addition for the actively acquisitive US LBM is the building products dealer and manufacturer Gilcrest/Jewett Lumber Co., which has five locations across Iowa.
Buying group announces the completion of the previously announced mergers with SafetyNetwork and Delta Distributors.
The November figure also showed a 0.9% improvement from the revised October estimate; year to date, construction spending is up 4.4%.
Private equity firm strikes again with the $420 million purchase of Ferguson’s UK-based heating and plumbing distribution business.
DXP expand portfolio with the strategic acquisitions of Total Equipment Co., APO Pumps & Compressors (including Corporate Equipment Co.) and Pumping Solutions Inc.
New building materials juggernaut becomes official as companies with combined annual sales of $11.7 billion complete all-stock merger transaction.
Company promotes Lori Snyder to vice president, human resources, and Amelia Murillo to a new senior finance position.
After announcing its intention to exit the business, Hillenbrand unloads its Red Valve business for $63 million.
