Private equity firm Thomas H. Lee Partners (THL) has acquired a majority stake in House of Design LLC, an Idaho-based provider of robotic automation systems and software that caters to the residential construction market. The financial terms of the deal were not disclosed. Thomas H. Lee Partners said that its investment will bolster the existing […]
Amazon has announced plans to open fulfillment centers in the US states of Illinois and Idaho, thereby creating more than 1,500 jobs. In Illinois, the e-commerce giant will be opening the fulfillment center in Channahon, where 500 plus new, full-time jobs will be created with starting wages of $15 an hour alongside company benefits. Employees […]