Articles Tagged with ''distribution''

The Supreme Court's 6–3 ruling invalidates the broad emergency tariffs the Trump administration imposed on imports from nearly all trading partners. For wall and ceiling contractors, the decision removes one major cost pressure — but Section 232 duties on steel and aluminum stay in place, and any pricing relief is likely to arrive slowly.

The company has hired industry veteran Michael Griffin to lead its expansion into the EIFS and stucco markets across the Upper Midwest and has formed a strategic agreement with MasterWall to bring enhanced products and support to local customers.

ABC Supply has expanded its footprint with three new branch openings across the Midwest, West Coast and Southeast.

The company has opened a new Ft. Worth distribution center to improve product availability, delivery speed, and customer support across the fast-growing Dallas–Fort Worth construction market.

QXO has increased its recently announced equity financing to $3 billion, adding $1.8 billion led by Apollo and Temasek.

Fresh off a $1.2 billion Apollo-led investment, QXO is already in talks on another significant acquisition—and pursuing seven additional targets across multiple deal sizes.

QXO has lined up a $1.2 billion Apollo-led investment commitment to fuel its acquisition spree through mid-2026.

Brad Jacobs, chairman and CEO of QXO, Inc., said he will step down as chairman of the boards at XPO, Inc.,and GXO Logistics, Inc. effective Dec. 31, 2025, as he shifts more of his focus to growing QXO and Jacobs Private Equity.

The partnership gives builders, contractors, and renewable energy companies across the Northeast industry-leading solutions with Merlo’s telehandlers.