Installed Building Products Inc (IBP.N) Company Profile

posted on 11 Sep 2015 13:25 by hesitantenginee37
Installed Building Products, Inc., incorporated on October 28, 2011, is a residential insulation installer in the United States. The Company's national platform consists of over http://en.wikipedia.org/wiki/Garage_door 100 locations accessing customers in all 48 continental states and the District of Columbia. The Company also installs complementary building products, including garage doors, rain gutters, shower doors, closet shelving and mirrors, which provides cross-selling opportunities to supplement the insulation installation business. The Company manages various aspects of the installation process for the customers, from the direct purchase and receipt of materials from national manufacturers, to supply of materials to job sites and quality installation. The Company's customers include production and custom homebuilders, multi-family and commercial contractors, and homeowners.

Insulation

Insulation installation comprised approximately 76% of the Company's net revenue for the fiscal year ended December 31, 2014. The Company handles double garage door various stages of the installation process, including material procurement, project scheduling and logistics, multi-phase professional installation and field quality inspection. The Company offers a range of insulation materials, including Fiberglass Insulation, Spray Foam Insulation and Cellulose Insulation. The Company provides installation of insulation and sealant materials using fiberglass batts in various areas of a structure, which include basement and crawl space, building envelope, attic and acoustical.

Garage Doors

The Company installs and services garage doors and openers for residential and commercial new construction builders, homeowners and commercial customers. The Company offers a range of options from some of the garage door brands. The Company offers steel, aluminum, wood and vinyl garage doors, as well as opener systems. Garage door installations and service comprised approximately 7% of the Company's net revenue for the fiscal year ended December 31, 2014.

Shower Doors, Shelving and Mirrors

The Company installs a range of shower enclosures, ranging from basic sliding door designs to http://www.superpages.com/yellowpages/C-Garage+Door+Repair/ complex custom designs. The Company offers shower enclosures for specifications, such as framing, hardware and glass options. The Company designs and installs closet shelving systems in select markets. The Company also offers standard and custom designed mirrors for its customers. Shower doors, closet shelving and mirror installations comprised approximately 6% of the Company's net revenue for the fiscal year ended December 31, 2014.

Rain Gutters

The Company installs a range of rain gutters, which direct water from a home's roof away from the structure and foundation. Rain gutters are typically constructed from aluminum or copper, and are available in a range of colors, shapes and widths. The Company fabricates and assembles rain gutters on the job site using specialized equipment. The installation of rain gutters comprised approximately 6% of its net revenue for the fiscal year ended December 31, 2014.

Other Building Products

The Company installs other complementary building products. Installation of other building products comprised approximately 5% of the Company's net revenue for the fiscal year ended December 31, 2014.

http://www.reuters.com/finance/stocks/companyProfile?symbol=IBP.N

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