US LBM announced a definitive agreement for Platinum Equity to acquire a stake in the company from its current private equity partner, Bain Capital Private Equity, with both parties having equal ownership stakes and joint board governance.
Saint-Gobain subsidiary CertainTeed Siding is investing $28 million in expanding its Williamsport, Md., facility to increase production shipping capacity and create a centralized distribution site.
By 2025, 60% of supply chain organizations will use cybersecurity risk as a “significant determinant” when conducting third-party transactions and business engagements.