Posts Tagged ‘ Builders FirstSource ’

Builders FirstSource Completes CEO Transition

Apr 2nd, 2021

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 […]

Capstone Points to Sustained Demand and M&As as Indicators for Building Products

Dec 7th, 2020

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 […]

Leaders Share Lessons Learned from COVID-19

Oct 8th, 2020

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, BMC Stock Holdings Announce Upcoming Merger

Aug 27th, 2020

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 […]

Builders FirstSource Reports Second Quarter 2020 Results

Aug 3rd, 2020

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 […]

Builder FirstSource Releases Q1 Results

May 1st, 2020

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 […]

Construction Career Event Works to Bridge Labor Shortage Gap with Over 1000 Attendees

Jan 21st, 2020

An annual trade event in North Carolina sheds light on skilled labor shortages by encouraging students to consider careers in construction. Area organizations report that they saw positive responses in the event’s turnout, while hoping for a light at the end of the tunnel. Construction Career Day (CCD), a free two-day event designed to raise […]

Grassroots Trade Program Has Big Aspirations

Dec 3rd, 2019

As a shortage of skilled labor reinforces the need for early development through career and technical education, a Texas-based grassroots program is adding its contributions. Richard Laughlin, president and owner of Laughlin Home and Restoration, started Casa Über Alles, a program that aims to help worker deficits—including in door and window manufacturing and installation. The […]

Builders FirstSource Sales Jump 37 Percent in Third Quarter

Nov 7th, 2016

Builders FirstSource Inc.  reports that sales for the three months that ended on September 30, 2016 were $1.7 billion, a 37-percent increase over net sales of $1.3 billion for the same period in 2015, largely due to the acquisition of ProBuild, which was finalized in July 2015. Gross margin in the third quarter of 2016 […]

Builders FirstSource Reports Second-Quarter Results

Aug 7th, 2016

Builders FirstSource Inc., a supplier and manufacturer of structural and related building products for residential new construction and home repair and remodeling, reported strong results for the second quarter of 2016. Net sales for the three months ended June 30, 2016 were $1.7 billion, a 263-percent increase over net sales of $500 million for the three months […]

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