Announcements

Foundation Building Materials, Inc. (FBM) recently announced the opening of a new location in Las Vegas, Nevada. This sizeable facility will provide industry leading building materials and delivery/stocking services to commercial and residential contractors in the greater Las Vegas market. FBM Las Vegas is comprised of a 50,000 ft2 warehouse with a showroom, operations and sales offices, the facility also has a two-acre yard. An experienced Branch Manager is leading a qualified team of operations and sales staff already...

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Date: March 12, 2018 Sales Bulletin: 2018-10DDC Geographic Coverage: US – Commercial Distributors and Contractors LANCASTER, PA – Armstrong Ceiling Solutions today announced the following actions: Effective April 16, 2018, an 11% increase on the list price for all suspension systems Effective April 16, 2018, a 7% increase on the list price for all Axiom products Effective immediately, a 7% increase to all currently effective price exceptions for suspension systems Effective immediately, a managed inventory program designed to ensure continued service levels throughout all regions, with...

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The Current US domestic steel market is approximately 115 million metric tons. Traditionally, the average share of steel imports comprised 20- 22% of US domestic market steel supply. Starting in 2014, the share of imported steel supply rose to average 26-28% of US domestic market share. China was the biggest player through 2016, but due to tariffs implemented that year, currently supplies only 2% of the US market. In 2017, Canada (16%) and Brazil (13%) were the biggest suppliers...

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TUSTIN, Calif.--(BUSINESS WIRE)-- Foundation Building Materials, Inc. (“FBM” or the “Company” ) (NYSE:FBM), a leading specialty distributor of wallboard, suspended ceiling systems, and mechanical insulation throughout the U.S. and Canada, announced today that Ruben Mendoza, President and Chief Executive Officer, and John Gorey, Chief Financial Officer, will be participating in the Raymond James 39th Annual Institutional Investors Conference at JW Marriott Orlando, Grande Lakes in Orlando, Florida on Wednesday, March 7, 2018. The Company is scheduled to speak at 9:10 a.m. (PDT)/12:10 p.m. (EDT). The...

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Foundation Building Materials, one of the largest specialty distributors of wallboard, suspended ceiling systems and mechanical insulation in North America, announced today that it has completed the acquisitions of two specialty building product distributors in the Midwest to enhance its growth strategy and expand its product offerings. The terms of the transactions were not disclosed. For over 30 years, R M Supply, Inc. (“R M Supply”) has been an independent distributor of wallboard, steel framing, insulation, and wallboard accessories. R...

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We are pleased to announce that as of November 1, 2017, FBM has acquired Del-Pro Building Supplies, Inc., located in Whitby, Ontario. Del-Pro Building Supplies has been servicing the Ontario Canada market with quality building products such as drywall, steel studs, insulation, tools and fasteners since 2012. Founders, Mark Ralston and Dylan Riendeau have a combined experience of over 45 years in the building materials industry and we are excited that both are staying on with FBM. It was their...

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Foundation Building Materials now features Tectum from Armstrong Ceiling and Wall Solutions. With over 30 years of experience in the design, support and distribution of Tectum Products, FBM Staff lead the industry when it comes to providing proven and cost-effective solutions for interior acoustic and decorative panels. Our coveted, highly-trained Wall and Ceiling Solution Experts offer product specific knowledge and expertise resulting from decades of hands-on experience. With a focus on service, support and distribution, FBM is one of the largest Armstrong Certified...

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Foundation Building Materials, one of the largest specialty distributors of wallboard, suspended ceiling systems and mechanical insulation in North America, announced on August 1, 2017 that it completed the acquisition of American Wal-Board, LLC. Founded in 1995, American Wal-Board is an independent distributor of drywall, steel framing, insulation, roofing and fireplace products. Led by a strong management team, American Wal-Board operates one branch in Tennessee and one branch in Mississippi. “Today’s announcement is another strategic acquisition for FBM,” said Ruben Mendoza,...

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Foundation Building Materials is pleased to announce the successful acquisition of two established building materials distributors, Ceiling & Wall Supply (CWS) and Virginia Builders Supply. Established in 1982, Ceiling & Wall Supply, a leading independent distributor of Armstrong suspended ceiling systems, drywall, steel framing, insulation and Dryvit products brings a well-established 35-year track record of delivering quality products and professional service. Through strong relationships with industry leading manufacturers, Ceiling & Wall Supply positioned itself well to meet the needs of its contractor...

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Foundation Building Materials in Evansville, Indiana recently celebrated a Grand Opening and Open House Event for customers, staff and vendors alike. The new Evansville FBM location is equipped with both a large warehouse facility for handling drywall, steel and Armstrong ceilings as well as a new tool and fastener showroom featuring industry leading brands such as Stanley Black & Decker, DeWALT, Makita, TapeTech, Stabila, Ramset, PLS Lasers, Irwin, Hyde, Surface Shields, TrimTex, Aervoe, 3M, Grabber, WalBoard, Nu-Wave and more....

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