Tanja Kern

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

Construction employment declined by 11,000 in December and the unemployment rate among workers with recent construction experience jumped to 5.0 percent, AGC said, even as many firms still plan to add headcount in 2026 if they can find qualified workers amid persistent labor shortages.

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.

From sweeping industry-shaping acquisitions to unprecedented labor disruptions, 2025 proved to be a year that tested—and redefined—the wall and ceiling construction industry.

A survey of more than 1,000 contractors reveals AI is already delivering measurable operational gains across the trades. 

Team Rubicon and the Home Builders Institute’s BuildStrong Academy have graduated the first class from a new tuition-free skilled-trades program designed to strengthen communities before and after disasters.

ABC reports a drop in construction spending in 10 of 16 categories, with data centers still performing strongly despite high costs and borrowing rates.