NCI Building Systems

NCI Building Systems, Inc.
Company typePublic limited company
Traded as
NYSE: NCS
Russell 2000 Component
Founded1984
HeadquartersHouston, TX
Area served
North America
Key people
Rose Lee
(CEO)
ProductsPrefabricated metal buildings & components[1]
Servicesmetal coil coating, metal components, engineered building systems
RevenueIncrease $ 1.770 billion (2017)[2]
Total assetsIncrease US$ 01.051 billion (2017)[3]
Total equityIncrease US$ 0305.247 million (2017)[3]
Number of employees
4,484 (2013)[4]
Websitewww.ncilp.com

NCI Building Systems, Inc. merged with Ply Gem Parent, LLC in November 2018.[5] In April 2019, the newly-formed company announced that it would officially operate as Cornerstone Building Brands, headquartered in Cary, North Carolina.[6] Cornerstone Building Brands is the largest manufacturer of exterior building products in North America servicing the commercial, residential and repair & remodel markets.[7]

Prior to the merger, NCI Building Systems Inc. was one of the largest manufacturers of metal products for the non-residential construction industry in North America. The company provided a broad range of products for repair, retrofit and new construction activities. It operated within three primary business segments: metal coil coating, metal components and engineered building systems.[7]

History

Formerly headquartered in Houston, Texas, the company was founded as National Components Inc. in 1984 by Johnie Schulte and reincorporated in Delaware in 1991.[3][8] In 1994, the company closed an agreement to purchase substantially all the assets and business of Ellis Building Components, Inc. located in Tallapoosa, Ga.[9] In 1998, they completed the acquisition of MetalBuilding Components, Inc. (‘‘MBCI’’) bringing about doubled revenue base, the acquisition also made it the largest manufacturer of nonresidential metal components in the United States. In 2006, they completed Robertson-Ceco II Corporation (‘‘RCC’’). Robertson-Ceco II Corporation was a leader in the metal buildings industry operating the Ceco Building Systems and Star Building Systemsand Robertson Building Systems divisions. The RCC acquisition helped the company provide greater products, reach more customers and build a more extensive distribution network. In 2012, they acquired Metl-Span LLC, a Texas limited liability company operating five manufacturing facilities in the United States, this acquisition helped the company reduce their cost and energy and enhance the ability to provide comprehensive suite of building products.[3] In November 2018, NCI merged with Ply Gem, Parent LLC to form Cornerstone Building Brands, a leading manufacturer of exterior building products in North America.[6]

References

  1. ^ Products
  2. ^ "Letter to Shareholders" (PDF).
  3. ^ a b c d Letter to Shareholders (PDF)
  4. ^ "NCI Building Systems, Inc. Sales Preparation".
  5. ^ Inc, NCI Building Systems. "NCI Building Systems Announces Closing of Merger Transaction with Ply Gem". www.prnewswire.com. Retrieved 2020-08-10. {{cite web}}: |last= has generic name (help)
  6. ^ a b Brands, Cornerstone Building (11 April 2019). "NCI Building Systems and Ply Gem Building Products Create Cornerstone Building Brands Following Merger". www.prnewswire.com. Retrieved 2020-08-10.
  7. ^ a b Cornerstone Building Brands. "Who We Are". Cornerstone Building Brands.
  8. ^ Foundation of the company
  9. ^ "NCI BUILDING SYSTEMS, INC. ANNOUNCING CLOSING OF ACQUISITION OF ELLIS BUILDING COMPONENTS, INC".[dead link]