Tri-County Lumber Company in Clearwater, Minnesota, announced the addition of a new director of sales and estimating, Carson Velaski. Most recently, Velaski served as regional sales manager with US LBM, where he led regional sales initiatives across Northern Minnesota and …
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Channel Insights on the QXO Acquisition of Kodiak Building Partners
QXO announced it has acquired Kodiak Building Partners, the consolidator of lumberyards and specialty distributors, for $2.25 billion. The purchase price comprises $2 billion of cash and 13.2 million shares, with QXO retaining the right to repurchase shares at $40 per …
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