and Jacobs Private Equity II LLC (JPE), led by QXO’s chairman and chief financial officer Brad Jacobs, announced that JPE and minority co-investors have agreed to invest $1 billion in cash in CKX. The equity investment is expected to consist …
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Multifamily Housing Market Confidence Weakens in Q3 2026
Confidence in the market for new multifamily housing weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) recently released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production …
Read More »Boise Cascade Expands in California
Boise Cascade Company recently announced it intends to acquire two building materials distribution facilities from Taiga Building Products in Rocklin and Sanger, California. The acquisition will expand Boise Cascade’s distribution capacity and strengthen its ability to serve customers throughout Northern …
Read More »Do it Best Group Receives Northeast Indiana Innovation Award
Do it Best Group has received the 2026 Mark Michael and NEI Innovative Company of the Year Award from the Northeast Indiana Innovation Community for its development of technology designed to support independent hardware retailers. The award was presented as …
Read More »Construction Job Openings Rise in September Amid Industry Shifts
The number of open positions in the construction sector increased in September, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down from three years ago due to declines …
Read More »Walmart Expands Drone Delivery Network Nationwide With Zipline
Walmart recently announced a new multiyear agreement with Zipline to add 300 drone delivery sites nationwide, with the potential to expand. The rollout builds on Walmart’s drone delivery program, which has completed more than 2 million deliveries to date. Walmart …
Read More »Orgill Hosts Grow Your Way Event at Innovation Center
Orgill is hosting its two-day Grow Your Way event at its 553,000-square-foot Innovation Center in Collierville, Tennessee, bringing together current and prospective customers, manufacturers and industry partners to explore opportunities for retail growth. Built around the theme “Your business. Your …
Read More »HIRI Notes Record Sales, Rising Mortgage Rates and Contractor Challenges in Economic Update
The Home Improvement Research Institute (HIRI) released the October 2026 HIRI Economic & Industry Update, a monthly report covering general economic data, housing market data and home improvement market data and evaluations of key economic indicators and their influence on …
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