Ingevity to acquire leading pavement marking materials business, Ozark Materials
Ingevity Corporation (NYSE:NGVT) today announced it has reached an agreement to acquire privately-owned Ozark Materials, LLC and Ozark Logistics, LLC (“Ozark Materials”) in an all-cash transaction valued at $325 million. The acquisition is subject to regulatory approval and other customary closing conditions, and Ingevity expects to close on the transaction by early Q4 2022. Ozark…
Markel Announces Investment in Metromont
Markel Corporation (NYSE: MKL) and Metromont LLC announced today that they have entered into a definitive agreement for Markel to acquire a majority interest in Metromont. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2021. Additional terms were not disclosed. Operating as a third-generation family business,…
LafargeHolcim to acquire Firestone Building Products from Bridgestone Americas
The Real Cost of Using the Lowest Cost Carrier
After all you’ve been through in 2020, you’d probably do just about anything to see life go “back to normal.” It’s safe to say we’ll establish a “new normal” at least in the short term. Transportation challenges will likely arise that you haven’t seen before — or at least not to this degree. Pressure on…
Lowe’s Launches Nationwide Tool Rental Program
Tool rental is now coming to Lowe’s. The company announced today that it will begin rolling out tool rental departments nationwide, creating a one-stop shop for all the tools and equipment Pros and DIY customers need to complete home improvement projects. Lowe’s Tool Rental will begin a multi-year national rollout with its first space opening…
SkillsUSA Instructors Recognized by Harbor Freight Tools for Schools Teaching Excellence Program
Harbor Freight Tools for Schools has awarded $650,000 in teaching excellence awards to 12 SkillsUSA instructors from across the country in the 2019 Harbor Freight Tools for Schools Prize for Teaching Excellence. The prize, launched in 2017, is open to skilled trades teachers who are faculty members at U.S. public high schools. Eligible applicants are…
Metromont Corporation to Acquire Shockey Precast Group
Metromont Corporation, a manufacturer of precast concrete materials, announces its plan to acquire Shockey Precast Group of Winchester, Va. “The Shockey Precast Group has an outstanding reputation. Don Shockey has built a quality operation and organization. Our culture and business models are very similar which will make for a smooth transition that’s beneficial to both…
Carolina Comfort Air Recognized as the #3 Top Volume Trane Dealer in the Nation
With a 4000% growth since 2007, Carolina Comfort Air was recently recognized among Trane’s top volume performers in the country. The award is based on purchase volume of Trane equipment in residential, light commercial, and new construction. Winners are selected based on their ability to implement Trane’s technical and business acumen, and they are required…
Acton Mobile Completes Asset Acquisition of Mobile Office Units from Mobile Mini
Acton Mobile (ActonMobile.com), America’s mobile facilities company, announced today the acquisition of Mobile Mini’s mobile office fleet in Tennessee. This is the second asset acquisition from Mobile Mini within the last two years. “In addition to Acton Mobile’s remarkable organic growth during 2016, this transaction will further accelerate our market penetration throughout Tennessee, North Carolina…
McCarthy Metal Roofing Wins 2016 Guildmaster Award with Highest Distinction
McCarthy Metal Roofing in Raleigh, North Carolina has received a 2016 Guildmaster Award for showing a continued commitment to service excellence. GuildQuality, a third-party customer satisfaction surveying company based in Atlanta, has powered the Guildmaster Award since 2005 to celebrate service excellence among home builders, remodelers, and contractors. McCarthy Metal Roofing was one of the over…
