The news comes as Honeywell prepares to split into three publicly tradesd
Building Materials/Construction
Article
Simpson Strong-Tie to Add 2nd HQ in Texas, Opens DC in Las Vegas
The company secured an economic development grant to expand its headquarters to Plano, TX, creating approximately 300 jobs in the region.
Industrial PVF
Article
Core & Main Making CEO Transition; Posts $7.4B in Annual Sales
The company announced a leadership transition for its CEO and CFO, alongside its 4Q financial results, which highlight strong sales growth and increased gross profit.
Tariffs
Article
White House Narrows Focus for April 2 Reciprocal Tariffs
Reports hint that the administration will likely omit industry-specific tariffs from its announcement April 2.
Building Materials/Construction
Article
Building Materials Supplier James Hardie Buying AZEK in $8.8B Deal
Based in Chicago, AZEK is a manufacturer of outdoor living products, employing approximately 2,000 team members across multiple manufacturing and recycling facilities.
Building Materials/Construction
Article
ABC Supply Appoints New Leaders for Merchandising, Administrative & Branch Ops
ABC Supply has announced key leadership promotions to strengthen its strategy, drive growth and enhance customer service.
Building Materials/Construction
Article
QXO, Beacon Secure $11 Billion Deal
It ends a four-month public standoff between the two companies and marks another milestone acquisition in the building materials distribution sector.
Legal & Regulatory Issues
Article
Amazon Sues CPSC Over Product Recall Liability
Amazon says it isn’t liable as a distributor under the Consumer Product Safety Act due to its role as a third-party logistics provider.
Plumbing Products & PVF Distribution
Article
MRC Global Annual Sales Slide to $3B; Voices Rebound Optimism
The company reported a decline in 2024 sales, but remains optimistic about a 2025 rebound, driven by growth in gas utilities, product pricing and new market opportunities.
A 50% metals import tariff threat was in retaliation to a Canadian export tax on electricity.
Plumbing Products & PVF Distribution
Article
Ferguson 2Q Sales Accelerate on Volume Growth
Ferguson reported a solid sales increase in its November-January quarter, driven by organic and acquisition growth, offset by commodity price deflation and lower operating margins.
Mergers & Acquisitions
Article
QXO, Beacon Working Toward $11B Deal
Beacon has also postponed its Investor Day that was scheduled for March 13.

