DXP Enterprises, Inc. reported 2021 sales of $1.1 billion after closing three acquisitions during the year.
The company increased the pricing of its private offering from $500 million to $600 million aggregate principal amount of its 6.625% senior notes due 2030.
The company’s strong quarter was primarily due to the impact of the completion of its merger with Tech Data from September 2021.
The company says it will keep on hold new investments as well as the ‘international delivery of new project orders destined to Russia and Belarus.’
The hardware and building materials supplier opened a new location in Nevada, Missouri.
The home improvement company says it plans to use the net proceeds from the sale of the notes for “general corporate purposes.”
Crescent Electric Supply Company says it has relocated its Minneapolis branch for ‘better customer access and enhanced service.’
The two companies have reached an agreement that will allow Woodgrain to buy Huttig Building Products in an all-cash deal.
The global healthcare solutions company launched a private offering of $500 million aggregate principal amount of senior notes due 2030.
An Associated Builders and Contractors analysis of Producer Price Index data shows construction input prices are up 24.4% from a year ago.
The combined value for January, adjusted for seasonal and trading day differences but not for price changes, was estimated at $1,784.8 billion.
The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.
