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Single Solution
When Masco Contractor Services (MCS) agreed in June to install insulation in more than 75 percent of the houses that Pulte Homes builds over the next two years, and struck a similar arrangement with Beazer Homes in September, the high-profile announcements served as prominent signposts for a broadening trend. Turnkey programs are popular with some builders because they offer what MCS' president Donnie DeMarie called "a single point of contact" that streamlines the supply chain, construction, and back-office processes.
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Rise in Stock
With its four most recent acquisitions, Raleigh, N.C.-based Stock Building Supply continued its march into some of the strongest housing markets in the United States. Over the past seven months, the company, which had annual sales of $4.1 billion ending in July last year, bought out Chicago-based Seigle's; Universal Supply Co. in Hammonton, N.J.; Home Lumber Company in San Bernardino, Calif.; and K&A Lumber Company in Homestead, Fla., a supplier of framing lumber and rebar.
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Five Regional Home Building Companies Could Be For Sale
Interest could be strong among buyers seeking builders with reputable brands and decent lot inventories.
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