Announcements

Ruben Mendoza, President and CEO, along with many of the Foundation Building Materials (FBM) Leaders gathered in New York City on February 10, 2017 for the Initial Public Offering (IPO) of FBM Stock. Both John Gorey, Chief Financial Officer and Tom Fischbeck, Pacific Region Vice President, two of the three founding members of the Company (the third being Ruben) were also present. It was an exciting day of reflection on all of the hard work required to get to...

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Exciting times at Foundation Building Materials (FBM), today FBM announced that it has started an initial public offering of 12,800,000 shares of its common stock, all of which are being offered by the Company. The initial public offering price is expected to be between $17.00 to $19.00 per share. The Company's sole stockholder expects to grant the underwriters an option to purchase up to an additional 1,920,000 shares of common stock. FBM has applied to list its common stock...

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As we start another new year, we are pleased to announce the recent and successful acquisition of Dominion Interior Supply Corporation of Virginia. Dominion Interiors was started more than 30 years ago in 1985, since then the company has expanded into four full service locations including Richmond, Virginia Beach, Fredericksburg and Roanoke. Specializing in commercial acoustical ceiling distribution, Dominion Interiors has built a strong business based on exemplary service and industry leadership within the state of Virginia, while also...

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We are pleased to announce the recent and successful acquisition of United Drywall in Marietta, Georgia. This welcome addition to the Foundation Building Materials family provides added market presence in Atlanta and the surrounding areas. United Drywall started in 2003 by providing quality building materials and a high-level of service to residential contractors in the Greater Atlanta Area. Combined with the newly acquired Winroc location in Atlanta, which primarily services the commercial market, we look forward to building a...

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We at Foundation Building Materials (“FBM”) are pleased to announce the completion of the Winroc/SPI acquisition. With the completion of this transaction, FBM is better positioned than ever before to provide value-added products and services to our construction trades customers across North America. We are particularly excited about FBM’s expanded geographic footprint which now includes approximately 3,200 employees across 205 locations in 36 states across the United States and Canada. More importantly, we are now one of the largest...

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At the end of April FBM acquired Mid America Drywall in Wichita, KS. Derec LaMunyon and his team have already joined John Hacking in our current Wichita location. On June 1, FBM acquired Kent Gypsum in Lakewood, WA and Ken/API in Covington, KY. Kent Gypsum has 4 locations in the Seattle area. Matt Klein and his team will continue on under our FBM brand. I am very happy to finally be in the Pacific Northwest and look forward to growing our...

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FBM has recently completed the acquisitions of Gypsum Supply Company (GSC) and Commercial Building Materials (CBM). GSC has 14 locations: six in Illinois, four in Iowa, and four in Wisconsin. They distribute a product line that is very similar to ours, and they have Armstrong ceilings in most of their markets. CBM is a one-location operation in Ypsilanti, Michigan. They also have similar products and carry the USG ceiling line. This will add the USG line to our Livonia and Utica...

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I'm very pleased to announce that Great Western Building Materials has joined the FBM family. Larry Rogers will have responsibility for all California operations and Tom Fischbeck will have all sales responsibility in California. Our combined teams will work very hard to be the supplier of choice for our customers and vendors. We will maintain a safety first, customer focused approach in all our markets. I'm very excited about this opportunity and look forward to more growth where it...

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Follow this link [http://www.wconline.com/articles/89325-the-dangers-of-drywall-stacks] for an article in Walls & Ceilings magazine discussing the jobsite risks from unsecured, stacked drywall. Foundation Building Materials wants to be a leader in the safe stacking, securement, warning and protection for vertically stacked drywall....

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I’m very happy to announce that BAV in Dallas and Fort Worth has joined the FBM family. BAV has been serving the Dallas and Fort Worth area for over 34 years. Cindy Scoggins and her team will join our current FBM team. This addition provides FBM with a better footprint in the commercial market in Dallas and Fort Worth. This gives us 63 locations and over 1200 employees. We're still on the move! Thank you for your support. Ruben D. Mendoza  ...

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