XPO founder Brad Jacobs reveals his plans for his new company QXO, which will target the fast-changing, $800 billion building materials industry. Mr. Jacobs gave details of the new company, which will be financed by XPO and listed on the stock exchange, and will focus on sub-sectors of building products distributors, such as heating, ventilation, air conditioning (HVAC), plumbing and electrical.

(MT Newswires)

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