Posts Tagged ‘ Builders FirstSource ’

Builders FirstSource Announces Plans to Acquire ProBuild

Apr 13th, 2015


*+-$1.63 billion is all it takes to become America’s largest building materials supplier. In a massive deal, Builders FirstSource Inc. will acquire ProBuild Holdings in an all-cash transaction. It took ProBuild nearly 10 years to become big enough to buy. The company was created in 2006 by an investment group and grew to one of […]

Builders FirstSource Opens Two New Facilities

Dec 11th, 2014

*+-Builders FirstSource Inc. plans to open a new distribution facility in Conroe, Texas, and to relocate its existing distribution facility in San Antonio. CEO Floyd Sherman says the company is capitalizing on the continuing rapid population growth in Texas. “Our recent Houston acquisition was a major step into a market we feel has very strong […]

Builders FirstSource Appoints Crow as New President, COO

Nov 13th, 2014

*+-Builders FirstSource Inc., has announced that its board of directors has appointed Chad Crow, currently senior vice president and chief financial officer, to the position of president and chief operating officer. Floyd Sherman, CEO, believes strongly in Crow’s ability to manage the position. “Over the past fifteen years, Chad has been an integral part of […]

Builders FirstSource Acquires West Orange Lumber

Aug 3rd, 2014

*+-Dallas-based Builders FirstSource Inc. purchased West Orange Lumber Co. Inc. in Groveland, Fla. The transaction closed on July 31. West Orange supplies lumber, roof and floor trusses, custom windows and doors, as well as installation services, to both residential homebuilders and commercial contractors in the Central Florida region. Sales were approximately $15 million for fiscal […]

Builders FirstSource Reports Second Quarter Gains

Jul 28th, 2014

*+-Builders FirstSource Inc.’s 2014 second-quarter earnings showed the company has made significant gains from the second-quarter of 2013. Some highlights include: Second quarter 2014 sales increased 7.1 percent to $426.5 million, compared to the second quarter of 2013. Gross margin percentage improved to 22.0 percent, up from 20.7 percent in the second quarter of 2013. […]

Builders FirstSource Acquires Certain Assets of Slone Lumber Company

Jul 7th, 2014

*+-Builders FirstSource Inc., has purchased Houston, Texas-based Slone Lumber Co. Inc. The transaction closed on June 30, 2014. Slone is a full-line building materials supplier with sales of approximately $17 million in 2013. Slone’s product offerings include lumber, engineered beams, interior and exterior door units, moulding, trim and cabinets. Slone also offers installation services on exterior doors, […]

Builders FirstSource Posts 8.2-Percent Increase in Sales

Apr 25th, 2014

*+-Builders FirstSource Inc. reported an 8.2-percent increase in sales in its results for the first quarter ended March 31, 2014. Additional first quarter highlights include seeing first quarter 2014 sales increased 8.2 percent to $345.9 million, when compared to the first quarter of 2013, gross margin percentage improve to 21.7 percent, up from 19.5 percent in […]

Builders FirstSource Reports Fourth Quarter Net Income of $4.5 Million

Feb 24th, 2014

*+-Builders FirstSource Inc. reported its results for the fourth quarter and fiscal year ended December 31, 2013. According to the company, it saw a fourth quarter sales increase of 28.3 percent over the fourth quarter of 2012. Additionally, the company saw its gross margin percentage improve 220 bps, to 22.4 percent, compared to 20.2 percent […]

Builders FirstSource Sales Increase 38 Percent

Oct 25th, 2013

*+-Builders FirstSource Inc. reported its results for the third quarter ended September 30, 2013, in which sales increased 38.1 percent to $402.9 million compared to third quarter 2012 sales of $291.8 million. Gross margin percentage improved to 23 percent, up from 19.8 percent in the third quarter of 2012. Positive cash generation of $24.8 million […]

Builders FirstSource Announces Offering of $350 Million of Senior Secured Notes

May 13th, 2013

*+-Builders FirstSource Inc. announced a private offering, subject to market and other conditions, of $350 million aggregate principal amount of senior secured notes due 2021. Obligations under the Notes will initially be guaranteed by all of the company’s operating subsidiaries and certain of its non-operating subsidiaries. In connection with the offering, the company intends to […]