Foundation Building Materials Blog

Foundation Building Materials recently announced the acquisition of the specialty building products division of Irwin Builders Supply Corporation located in Irwin, Pennsylvania. Irwin, a well-established building supply company, has been providing a broad range of building products including drywall, metal studs, ceiling and wall systems, insulation and other complementary products to the local professional contractor market since 1949. “We are pleased to reach an agreement with Irwin and welcome their experienced team to FBM. Irwin has built a great reputation over its 70...

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Foundation Building Materials (FBM) Management, Sales and Marketing Staff gathered in the Houston, Texas area for 3 days of focused educational training sessions on specialty building products and mechanical insulation offerings. This is the second year we have held FBM University. The first day was marked by key presentations on overall business strategy and sales direction with a fun team building event ending the day. The second day consisted of a range of training sessions from select vendor partners...

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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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In 2011, Foundation Building Materials (FBM) started small when it opened the doors of its first building materials supply location in Orange, California. It was there that the three founding members set the company’s foundation on a base of core principles which have led to tremendous growth and success over the past 5 years. The FBM core principles are as follows: Safety First – we believe there is nothing we do that is so important we cannot do it...

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Historically, building materials suppliers have experienced a range of challenges when importing finished goods building materials such as drywall, steel, flooring, etc. from China and other countries. These purchases are often made when building products demand is high in the U.S. and domestic supply is low, ultimately filling a critical gap in the construction project pipeline but opening up a host of other problems related to quality, liability and safety. For example, as our colleagues at Phillips Manufacturing pointed...

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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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On July 15, local Foundation Building Materials staff, community leaders (including the Mayor of Valparaiso, Jon Costas), customers and vendors alike gathered at the new FBM branch for lunch and a ribbon cutting ceremony. While FBM has been serving the construction trades for years out of South Bend, Indiana the new Valparaiso location provides more convenient access to the northwestern corner of the state and surrounding areas. The location, a vacant lot and aging building that had sat unused...

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