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...
Foundation Building Materials Adopts New Mission Statement to Enhance the Brand
To accompany our long-standing Foundation Values, we’ve added a new piece to our brand, a formal Mission Statement. Our Mission: To be the most trusted supplier partner to the construction trades in North America; delivering on safety, service, innovation, and value...
Prestige Drywall Systems and FBM Team Up on a Recording Studio Project in Los Angeles, CA
The Team at Prestige Drywall Systems captured some great footage on-site and compiled this short video about how Foundation Building Materials (FBM) and Prestige worked together to complete this recording studio project in Los Angeles, CA. The video includes drywall...
Increases In Materials, Freight And Transportation Charges Effective April 1, 2022
Dear valued customer, The unanticipated rapid rise in fuel cost has resulted in our suppliers implementing increased delivery charges, fuel surcharges and or previously unannounced price increases on shipments beginning as soon as this week. Already this year we have...
Foundation Building Materials (FBM) Acquires L & P Building Supply in Albuquerque, New Mexico
On March 1, 2022, FBM completed the acquisition of L&P Building Supply of Albuquerque, Inc. L&P has been providing stucco, EIFS, acrylic plasters and related accessories to the New Mexico market for almost 60 years. Former ownership will be staying on...
Foundation Building Materials (FBM) Rings in the New Year with Two Acquisitions in the New York/New Jersey Markets
On January 3, 2022, Foundation Building Materials (FBM) announced the completion of two new acquisitions, with eight new locations in the New York/New Jersey markets. These new additions solidify FBM’s number one position as the acoustical ceilings market share leader...
Armstrong Ceiling Solutions to Increase Price of Suspension Systems
Armstrong Ceiling Solutions recently announced a series of price increases related to increased raw materials costs specific to mineral fiber and fiberglass ceiling panels.
Please see the details below taken directly from the Armstrong Ceiling Solutions Sales Bulletin: 2021-85DDC and dated November 19, 2021.
Armstrong Ceiling Solutions to Increase Price of Mineral Fiber & Fiberglass Ceiling Panels
Armstrong Ceiling Solutions recently announced a series of price increases related to increased raw materials costs specific to mineral fiber and fiberglass ceiling panels. Please see the details below taken directly from the Armstrong Ceiling Solutions Sales...
Foundation Building Materials Q2 2021 Materials Supply Update
As we wrap up the second quarter of 2021, we feel it is an appropriate time to share our view of the industry. Drywall – ½” and 5/8” inventories have improved slightly. Specialty products are still on extended lead times from all manufacturers. We expect the specialty...
Foundation Building Materials Supply and Pricing Update
To Our Valued Customers: We are facing unprecedented times in our industry due to tight material supply and pricing inflation. I thought it would be helpful to update all of you on the current situation with our major product categories. Drywall – We have seen lead...
Foundation Building Materials (FBM) Acquires ABC Builders Supply Corporation in Richmond, Virginia
On May 3, Foundation Building Materials (FBM) announced completion of the ABC Builders Supply Company acquisition. ABC is a leading, customer service driven distributor of drywall and accessories, steel framing, insulation, tools, and fasteners, with a 60+ year track...
Watch the FBM Founders 10 Year Anniversary Video
For the Foundation Building Materials (FBM) 10 Year Anniversary, we recently spent some time with the original founders, Ruben Mendoza, John Gorey and Tom Fischbeck in a casual interview to get some insights as to how they got started. Hosted by FBM’s very own Pete...