Posts Tagged ‘ Dave Flitman ’

Builders FirstSource Releases Inaugural Corporate Social Responsibility Report

May 24th, 2022

Builders FirstSource, Inc., a national supplier of structural building products, has published its inaugural Corporate Social Responsibility (CSR) report. The report offers an overview of the comprehensive initiatives and programs the company has implemented, which it says are to improve transparency and sustainability throughout the organization for the betterment of its team members, shareholders and […]

Builders FirstSource Hires Amy Bass Messersmith as Chief People Officer

Mar 11th, 2022

Builders FirstSource Inc. has announced that Amy Bass Messersmith will join the company as its chief people officer, effective March 14, 2022. In this role, Messersmith will be a member of the Builders FirstSource executive leadership team, overseeing all aspects of human resources, including the implementation of strategies to develop and promote best practices in […]

Builders FirstSource Reports Record Fourth Quarter and Full Year 2021 Results

Mar 4th, 2022

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 […]

Builders FirstSource Announces Authorization of New $1 Billion Stock Repurchase Plan

Feb 24th, 2022

Builders FirstSource Inc., supplier of building materials and services, has announced its Board has authorized the company to repurchase $1 billion of its common shares. “The completion of our prior share repurchase plans and our new repurchase authorization announced today are a direct reflection of the financial strength of our company, our ability to deploy […]

Builders FirstSource Completes Acquisition of National Lumber

Jan 7th, 2022

Builders FirstSource Inc. recently announced that it has acquired National Lumber, the largest independent building materials supplier in New England. National Lumber operates 19 facilities and employs more than 700 people across Massachusetts, Connecticut and Rhode Island. National Lumber sales are expected to be approximately $440 million in 2021. “We are thrilled to further expand […]

Builders FirstSource Acquires Apollo Software Assets

Sep 10th, 2021

Builders FirstSource Inc. announced yesterday that it has acquired Apollo software assets from construction technology startup Katerra in an approximately $4.5 million transaction. The Apollo platform provides design collaboration and workflow, construction budgeting and scheduling, and field task assignment with mobile functionality. Builders FirstSource says the acquisition aligns with its digital strategy to address what […]

Record Results for Builders FirstSource in Second Quarter 2021

Aug 10th, 2021

Builders FirstSource Inc. reported its results for the second quarter and six months ended June 30, 2021, all year-over-year comparisons unless otherwise noted, and the company clocked net sales of $5.6 billion for the quarter that increased 186.6%. Builders FirstSource credits this increase on the merger with BMC, commodity inflation, and strong organic growth, which […]

Builders FirstSource to Acquire Alliance Portfolio of Businesses

May 27th, 2021

Builders FirstSource, Inc., a supplier of building materials and services, announced it has entered into a definitive agreement to acquire Cornerstone Building Alliance SW, LLC, for approximately $400 million. The agreement is subject to certain closing adjustments. Alliance is an independently operated supplier of building materials in Arizona, primarily serving the greater Phoenix, Tucson, and […]

Builders FirstSource Acquires John’s Lumber

May 13th, 2021

Builders FirstSource Inc., US supplier of building products, prefabricated components and value-added services, recently announced it has purchased the assets of John’s Lumber, which operates two locations serving the greater Detroit metropolitan statistical area. John’s Lumber has been family-owned and operated since it was founded by Roy Aggeler in 1947. The company is a supplier […]

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 […]

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