Will launch QXO with tech-forward strategy in large and growing industry rich with acquisition opportunities; sets revenue run-rate targets of at least $1 billion by end of year one, at least $5 billion within three years and tens of billions of dollars over next decade
After a comprehensive year-long search, Brad Jacobs has announced his intention to create a market leader in building products distribution — an industry with approximately $800 billion in annual revenue between North America and Europe, according to industry estimates.
The U.S. Equal Employment Opportunity Commission released a Notice of Proposed Rulemaking to implement the Pregnant Workers Fairness Act. Enacted in December 2022, the PWFA requires covered entities to provide reasonable accommodations to a worker’s known limitation related to pregnancy, childbirth or related medical conditions, unless the accommodation will cause the employer undue hardship.
Bigge Crane and Rigging Co., one of the nation’s largest crane sales and rental companies, is pleased to officially announce the acquisition of the majority stake in Empire Crane Company.
Restoration Management Company has announced it has earned the 2023 Top Workplaces USA award, issued by Energage, for the second year in a row. Since 1985, Restoration Management Company has provided 24-hour restoration service for customers when they experience a catastrophe in their home or workplace.
The Waterproofing Company, the nation’s oldest waterproofing contractor, announced its acquisition of Phoenix Bay State Construction Company, Inc. in Boston.
Westlake Royal Building Products announced that it has acquired Palight Trimboard from its long-standing partner Palram Americas. Through the acquisition of Palight Trimboard product lines, Westlake Royal will expand its portfolio of brands offered under Westlake Royal Trim & Mouldings Solutions, which provides the finishing touch for the interior and exterior of a home.
United Scaffolding Inc., a pioneer in providing scaffold rental and sales across the nation, today announced its rebranding to ScaffSource. Under the new brand, the organization will offer customers a nationwide network for the rental and sales of scaffolding and shoring materials, as well as project design/management services, while still delivering the same high level of customer service their customers were accustomed to.
Sto Corp. has announced that its parent company, Sto SE & Co. KGaA (Sto), via a newly formed holding company ‘Sto Panel Holding GmbH’, will make a significant equity investment in SkyRise Prefab Building Solutions, Inc.