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Building Materials Market Update – 1st Quarter 2023

To Our Valued Customers, We are nearly half of the way through 2023, and by most accounts, our industry is running at levels that have surprised many of us. Despite the headwinds forecasted for this year, we seem to be progressing well on several fronts. It seems like...

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Acquisition of Sices Material Products in Gary, IN

On June 1, Foundation Building Materials (FBM) completed the successful acquisition of Sices Material Products, Inc. in Gary, Indiana. The Sices Material Products business was started in 1948 and has been a consistent supplier of building materials to contractors in...

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Acquisition of Titan Insulation Supply in Denver, CO

On December 1, FBM completed the successful acquisition of Titan Insulation Supply, LLC (Titan) in Denver, Colorado. Titan started its business just 3 years ago and has rapidly grown into a successful operation providing multiple insulation product lines such as...

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Building Materials Market Update – 4th Quarter 2022

To Our Valued Customers, Welcome to the home stretch for 2022. It has been another year filled with a range of unexpected issues which have surfaced within our industry, country, and in many cases the world. Transportation and freight continue to be a challenge with...

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Acquisition of Encore Building Supply in Akron, Ohio

On October 3, FBM formally completed the successful acquisition of Encore Building Supply, LLC in Northern Ohio. Encore started its business 9 years ago and has built a well-run operation providing drywall, steel framing, ceiling products, and related accessories to...

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FBM and Friends Support Veterans through PGA Hope

On September 1st & 2nd Foundation Building Materials (FBM) hosted a fundraising event at Hillcrest Country Club in an effort to raise funds for PGA HOPE Nebraska! It was awesome to see community members come together to support our Veterans. A big thanks to our...

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Acquisition of New Mexico Drywall Supply, LLC

On August 1, FBM formally completed the acquisition of New Mexico Drywall Supply, LLC (NMDS) in Albuquerque. NMDS started business only 4 years ago, but has made great strides in providing drywall, steel framing and related accessories to the New Mexico market through...

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Building Materials Market Update – Second Half of 2022

  To our valued customers, As we begin the second half of 2022 there are several issues that continue to present challenges to our industry and the economy in general. Supply chain issues have not been resolved in all areas. Areas of improvement will be...

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