:Builders FirstSource

{{Short description|Building materials company}}

{{Infobox company

| name = Builders FirstSource, Inc.

| logo = Builders_FirstSource_Logo.png

| type = Public company

| traded_as = {{ubl|{{NYSE|BLDR}}|S&P 500 component}}

| hq_location = Irving, Texas, U.S.

| founded = {{Start date and age|1998}}

| key_people = Peter Jackson (CEO)

| website = [https://www.bldr.com/ bldr.com]

}}

Builders FirstSource, Inc. is a Fortune 500 company{{Cite web|url=https://fortune.com/fortune500/2019/builders-firstsource|title=Builders FirstSource|website=Fortune|language=en|access-date=2019-07-03}}{{Cite web|url=http://www.bldr.com/AboutBuildersFirstSource.aspx|archive-url=https://web.archive.org/web/20121208041655/http://www.bldr.com/AboutBuildersFirstSource.aspx|url-status=dead|archive-date=December 8, 2012|title=About Us|accessdate=Apr 12, 2023}} that is a manufacturer and supplier of building materials.{{Cite web|url=https://mayfieldrecorder.com/2019/07/01/marshall-wace-north-america-l-p-has-900000-stock-holdings-in-builders-firstsource-inc-nasdaqbldr.html|title=Marshall Wace North America L.P. Boosts Stake in Builders FirstSource, Inc. (NASDAQ:BLDR)|last=Smitson|first=Frank|date=2019-07-01|website=Mayfield Recorder|language=en|access-date=2019-07-03}} The company is headquartered in Irving, Texas, and is the largest supplier of building products, prefabricated components and value-added services in the US. Builders FirstSource employs over 15,000 people throughout the USA.{{Cite web|title=Builders FirstSource {{!}} Building Supplies & Materials|url=https://www.bldr.com/about-us|access-date=2020-07-12|website=www.bldr.com}} They serve new residential construction, repair and remodeling professionals.{{Cite web|url=https://www.bizjournals.com/dallas/news/2019/03/20/builders-firstsource-terminates-note-exchange.html|title=Builders FirstSource terminates note exchange offer|last=Stych|first=Anne|date=20 March 2019|website=www.bizjournals.com|access-date=2019-07-03}} The company was incorporated in March 1998.{{Cite web|url=https://www.reuters.com/finance/stocks/company-profile/BLDR.O|title=Builders FirstSource Inc (BLDR.O)|date=2 July 2019|work=Reuters|language=en|access-date=2019-07-03}} The company has about 550 locations in 40 US states.

In 2015, Builders FirstSource acquired ProBuild.{{Cite web|title=Builders FirstSource Completes Acquisition of ProBuild|url=https://investors.bldr.com/news-releases/news-release-details/builders-firstsource-completes-acquisition-probuild|access-date=2019-10-20|website=Builders FirstSource, Inc.|language=en|archive-date=2019-10-20|archive-url=https://web.archive.org/web/20191020190357/https://investors.bldr.com/news-releases/news-release-details/builders-firstsource-completes-acquisition-probuild|url-status=dead}} This acquisition resulted in a combined entity with $6.1 billion in combined 2014 revenue. In 2018, the revenue of the combined company was $7.7 Billion.{{Cite web|url=https://investors.bldr.com/investor-relations|title=Investor Relations|website=Builders FirstSource, Inc.|language=en|access-date=2019-10-21}}

In December 2019, Builders FirstSource acquired Raney Components, LLC and Raney Construction, Inc,{{Cite web|url=https://investors.bldr.com/news-releases/news-release-details/builders-firstsource-adds-vertically-integrated-capabilities|title=Builders FirstSource Adds Vertically Integrated Capabilities Through Acquisition of Raney Construction, an Established Provider of Off-Site Manufacturing and Value-Added Services across Florida|website=Builders FirstSource, Inc.|language=en|access-date=2020-04-26}} located in Groveland, Florida.

In January 2020, Builders FirstSource acquired Bianchi & Company, Inc,{{Cite web|url=https://www.hbsdealer.com/news/builders-firstsource-acquires-bianchi-company|title=Builders FirstSource acquires Bianchi & Company|website=HBS Dealer|language=en|access-date=2020-06-21}} a millwork supplier and install company located in Charlotte, North Carolina. In September 2020, Builders FirstSource announced a merger with BMC Stock Holdings, in which the newly merged company would operate under the Builders FirstSource branding.{{Cite web|url=https://lbmjournal.com/builders-firstsource-completes-ceo-transition/|title=Dave Flitman appointed Builders FirstSource CEO|website=LBM Journal|language=en|access-date=2020-06-21}}{{Cite web|url=https://www.bizjournals.com/dallas/news/2020/08/27/builders-firstsource-bmc-stock-holdings.html|title=Dallas-based Builders FirstSource buys rival BMC to create materials supplier giant|website=BizJournals|language=en|access-date=2020-06-21}}

In January 2021, the company announced that former BMC president and CEO Dave Flitman was named president. Flitman was later named CEO of the company in April 2021 after a 90-day transition.

Builders FirstSource announced authorization of a new $1 billion stock repurchase plan on February 18, 2022.{{Cite web|url=https://investors.bldr.com/news-releases/news-release-details/builders-firstsource-announces-authorization-new-1-billion-stock|title=Builders FirstSource Announces Authorization of New $1 Billion Stock Repurchase Plan | Builders FirstSource, Inc.|website=investors.bldr.com}} This announcement comes on the heels of the completion of $2 Billion stock repurchase programs initiated in 2021.