Much like Jeld-Wen and Masonite PGT Innovations and Builders FirstSource issued third-quarter earnings earlier this month that show both companies are performing fairly well financially. Florida-based PGT Innovations Inc. (PGTI), net third quarter sales totaled $386 million, an increase of 28% (including organic growth of 17%) compared to the third quarter of 2021. In that […]

Builders FirstSource, Inc. has reported its results for the fourth quarter and full year ended December 31, 2021. The company reports net sales of $4.6 billion for the quarter, an increase of 83.1% compared to a year previous, and a gross profit of $1.5 billion showed an increase of 122%. Builders FirstSource says those numbers […]

Last week, Builders FirstSource, a supplier of structural building products, announced plans to establish operations in Jasper County, S.C. The $16 million investment will create 126 new jobs over the next five years. “We are excited for the opportunity to expand our footprint in South Carolina. Builders FirstSource is invested in building communities, and our […]

Builders FirstSource, Inc. announced today that it has entered into a definitive agreement to acquire WTS Paradigm, LLC, a software solutions and services provider for the building products industry, in a cash transaction valued at approximately $450 million. The news is a significant step forward in Builders FirstSource’s strategy to invest in digital solutions that […]

Builders FirstSource, Inc. has announced the appointment of Dave Flitman to chief executive officer. The planned transition of the CEO role is taking place 90 days after Builders FirstSource and BMC Stock Holdings, Inc. announced the completion of their all-stock merger transaction and coincides with the previously announced retirement plan of Chad Crow. “This is […]

Independent investment banking firm Capstone Headwaters is among the latest pointing to rising demand and mergers and acquisitions (M&As) activities as indicators for long-term demand among building products. M&A activities among building-product-related companies has steadily improved, the firm reports, rising over 100% from second- to third-quarter 2020, after “coming to a near pause” in the […]

Executives from all sides of the distribution chain shared how COVID-19 has changed their business models during a panel discussion held this week amid the annual conference of the World Millwork Alliance. It was a no-holds barred look at what leaders have had to face in recent months, what they are still confronting, and how […]

Builders FirstSource, Inc. and BMC Stock Holdings, Inc., have announced they are merging, through a recently signed agreement that will combine the companies in an all-stock merger transaction and creates what the companies call a “premier” supplier of building materials and services. After a 90-day transition period following the completion of the merger, expected to […]

Dallas-based Builders FirstSource, building products, prefabricated components, and value-added services supplier for the professional market segment for new residential construction and repair and remodeling released its second quarter (2020) financial results, which include a 2.2% increase  the quarter’s net sales compared to the prior year period. Core organic sales declined 2.1%, excluding acquisitions and commodity […]

Builders FirstSource Inc. (BFS) reported its results for the first quarter ending March 31, 2020. According to the company’s financial report, net sales increased by 9.5%. Meanwhile, its acquisitions contributed to a growth of 3.5%, the company reports. The company also focused on the role of COVID-19 in its first-quarter results. “Our thoughts are with […]