Builders FirstSource, Inc. Announces Management Changes
January 04, 2021 at 06:51 pm IST
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On January 1, 2021, Builders FirstSource, Inc. completed its previously announced all stock merger transaction with BMC Stock Holdings, Inc. pursuant to the Agreement and Plan of Merger, dated as of August 26, 2020 (as amended, restated, supplemented, or otherwise modified from time to time, the Merger Agreement"), by and among Builders FirstSource, Boston Merger Sub I Inc., a Delaware corporation and a direct wholly owned subsidiary of Builders FirstSource (Merger Sub"), and BMC. On the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger on January 1, 2021 (the Effective Time"), Merger Sub merged with and into BMC, with BMC continuing as the surviving corporation and a wholly owned subsidiary of Builders FirstSource (the Merger"). Effective on the ninety-first (91st) day following the Effective Time and following the retirement of Mr. Crow as Chief Executive Officer of Builders FirstSource, Mr. Flitman will also be appointed to serve as the Chief Executive Officer of Builders FirstSource.
Builders FirstSource, Inc. specializes in the manufacture and marketing of building materials and products primarily for the home building sector. Net sales break down by family of products as follows:
- lumber and wood panels (35.6%): wood planks, lumber, wood panelling, bracing, plywood, OSB, etc.;
- manufactured products (25%): wood roof and floor framing, steel roof framing, wall panels, wood flooring, etc.;
- prefabricated windows, doors and joinery products (21.1%);
- specialized building materials and components (18.3%): vinyl, composite and wood siding, exterior trim products, metal studs, cement, insulation products, ceilings, cabinets, etc. In addition, the group offers structural construction, shell construction, design and professional installation services.
At the end of 2022, the group has 569 production sites in the United States.
The United States accounts for all net sales.
BUILDERS FIRSTSOURCE, INC. 
