Foundation Building Materials Expands in Ontario, Canada with the Acquisition of Builders’ Supplies Limited
Foundation Building Materials (FBM) announces the recent acquisition of Builders’ Supplies Limited in Ontario, Canada. With three locations, Builders Supplies is a key distributor of industrial and commercial building materials in the Toronto Market. This Canadian...
read moreFoundation Building Materials Expands into Charlotte, North Carolina
Foundation Building Materials recently opened a new building materials location in one of the fastest growing cities in the U.S., Charlotte, North Carolina. Located on the east side of the city near Eastway and managed by Rob Henshaw a 30-year industry veteran, FBM...
read moreFBM Acquires Agan Drywall in the South Dakota Market
As of October 1, 2018, Foundation Building Materials acquired Agan Drywall Supply and its related companies. With three locations, Agan is one of the largest distributors of building materials (interior/exterior walls) for commercial and multi-family construction in...
read moreFBM CEO Ruben Mendoza selected as 2018 Entrepreneur of the Year Orange County!
We’re honored to share the news that our President & CEO, Ruben Mendoza was selected as a Logistics & Innovation Winner in the Entrepreneur Of The Year® 2018 Orange County Awards program! Click here to watch a brief interview with Ruben Mendoza As the world’s...
read moreFBM Congratulates Joe Brown for 45 Years of Service
FBM congratulates Joe Brown on a remarkable milestone anniversary of 45 years of service at Home Acres Building Supply, now Foundation Building Materials (FBM). Joe is the longest serving employee in the former Home Acres organization and started his building...
read moreFoundation Building Materials Welcomes Recent Acquisition – Commercial Interior and Exterior Supply Company (CIESCO)
On August 1, 2018, Foundation Building Materials (FBM) announced the acquisition of Commercial Interior and Exterior Supply Company (CIESCO). With seven locations, CIESCO established itself as one of the largest distributors of building materials for interior/exterior...
read moreJuly Wallboard Price Increase & Freight Surcharge
Effective July 2, 2018 Foundation Building Materials is announcing a 10% wallboard price increase. This increase is reflective of the wallboard manufacturers increase announcements. Increased DOT regulations have severely impacted the trucking industry. A nationwide...
read moreFBM Sales University 2018
At the end of May, FBM Leaders, Sales Teams and Vendor Partners gathered in Dallas, Texas to convene at the annual FBM Sales University. The highly anticipated event was attended by over 220 FBM Salespeople and 50 vendor partners. Together both groups engaged in 22...
read moreFoundation Building Materials, Inc. Announces First Quarter 2018 Results
2018 First Quarter Highlights • Net sales of $536.3 million, an increase of 11.9% compared to the prior year period • Base business net sales of $485.2 million, an increase of 4.9% compared to the prior year period • Net loss of $1.1 million compared to net income of...
read moreFBM Opens New Branch in Las Vegas
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...
read moreArmstrong Ceilings Solutions to Increase Price of Suspension Systems and Axiom Products
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...
read moreImported Steel Update Based on Announced 25% Tariff
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...
read more