James Hardie and Green Brick Partners sign exclusive three-year deal

James Hardie Building Products Inc. and Green Brick Partners Inc. (NYSE: GRBK) have signed an exclusive three-year agreement extending their collaboration through 2028, according to a press release statement.

The agreement makes Hardie siding and trim products the exclusive choice for new developments by Green Brick Partners, a homebuilding company that operates through subsidiary builders across Texas, Georgia and Florida. James Hardie Building Products is a subsidiary of James Hardie Industries plc (NYSE: JHX; ASX: JHX).

"We are thrilled to continue our relationship with James Hardie," said Todd Stern, National Director of Purchasing for Green Brick Partners. "Green Brick Partners is committed to high quality and exceptional homes and communities, and Hardie siding and trim products have and will continue to play a vital role in helping us achieve that goal."

Sean Gadd, President of James Hardie North America, said the companies share an emphasis on quality and innovation. "We're pleased to build on our long-standing relationship with Green Brick Partners," he stated.

Green Brick Partners operates as the third largest homebuilder in Dallas-Fort Worth and owns five subsidiary homebuilders in Texas, a controlling interest in a homebuilder in Atlanta, Georgia, and an 80% interest in a homebuilder in Port St. Lucie, Florida.

James Hardie describes itself as the North American leader in fiber cement home siding and exterior design solutions. The company operates 31 sites, 6 recycling facilities, and 6 research and development centers with over 8,000 employees globally.

You May Also Be Interested In

• Sparton, Glen Eagle ink joint venture deal for Ontario silver mine
• GoPro to merge with Starman Optical in $285M recapitalization deal
• NetApp (NTAP) call put ratio 2.3 calls to 1 put into quarter results