ABLE Equipment Rental, Inc. (ABLE) of New York, a supplier of construction equipment rentals, sales, service and parts, announced the closing of a $150 million Asset Based Loan with M&T Bank as lead arranger and administrative agent. 

AD and SafetyNetwork (formerly SMG) are announcing that on Feb. 28, 2020, SafetyNetwork’s independent members overwhelmingly voted in favor to merge the two groups. The transaction is expected to close April 1, 2020.  The merger is part of AD’s commitment to ensuring a strong future for independent distributors. 

International Fireproof Technology Inc., an Irvine, Calif.-based manufacturer of fire protective coatings, announced that its DC315 coating was recently tested to and passed the requirements of the National Fire Protection Association 285 Standard applied over spray foam with aluminum cladding.

TraceAir, a construction site automation platform powered by drone data, celebrates its five-year anniversary with more than 250 successful job sites being deployed on across the US and Europe. 

Construction spending in January increased 1.8 percent to $1.369 trillion from December and 6.8 percent from January 2019 as all major segments logged gains, according to a new analysis of federal data released today by the Associated General Contractors of America.

The launch of CDH Custom Roll Form, a joint venture of U.S.-based ClarkDietrich and Hadley Group, a global organization headquartered in the U.K., is being announced.

Legrand, North and Central America (LNCA), today announced the acquisition, subject to closing, of Focal Point, a Chicago-based privately held manufacturer of architectural lighting products with a 25-year record of accomplishment of exceptional products; short lead times; proven manufacturing capabilities and strong relationships with specifiers and contractors.   

As part of its 2020 LLC board of directors’ election, AD is announcing a new director and two reelected directors among its complement of 12 board members and committee chairs. 

GMS Inc. continues to expand its footprint across the United States with its latest acquisition of Trowel Trade Supply Inc. in Colchester, Vt.

The latest report from Ample Market Research shows that the global drywall contractor market is expected to have annual compound growth in the coming years.