James Hardie Building Products Inc. and Green Brick Partners Sign Exclusive Three-Year Agreement
James Hardie Building Products Inc. (NYSE: JHX) has renewed its exclusive partnership with Green Brick Partners (NYSE: GRBK) through 2028. The three-year agreement establishes Hardie® siding and trim products as the exclusive choice for Green Brick Partners' new developments across Texas, Georgia, and Florida.
As the #1 brand of siding in North America, James Hardie will provide their noncombustible, moisture and pest-resistant products to Green Brick Partners, the third largest homebuilder in Dallas-Fort Worth. The collaboration builds on their existing relationship, combining Green Brick's strategic approach to homebuilding in fast-growing markets with Hardie's innovative building solutions.
James Hardie Building Products Inc. (NYSE: JHX) ha rinnovato la sua partnership esclusiva con Green Brick Partners (NYSE: GRBK) fino al 2028. Il contratto triennale designa i prodotti per rivestimenti e finiture Hardie® come scelta esclusiva per i nuovi progetti di Green Brick Partners in Texas, Georgia e Florida.
Come marchio di rivestimenti numero 1 in Nord America, James Hardie fornirà i suoi prodotti non combustibili e resistenti a umidità e parassiti a Green Brick Partners, terzo costruttore residenziale più grande nell’area di Dallas-Fort Worth. La collaborazione rafforza il rapporto esistente, unendo l’approccio strategico di Green Brick nei mercati in rapida crescita alle soluzioni costruttive innovative di Hardie.
James Hardie Building Products Inc. (NYSE: JHX) ha renovado su alianza exclusiva con Green Brick Partners (NYSE: GRBK) hasta 2028. El acuerdo de tres años establece los productos de revestimiento y acabado Hardie® como la opción exclusiva para los nuevos desarrollos de Green Brick Partners en Texas, Georgia y Florida.
Como la marca número 1 de revestimientos en Norteamérica, James Hardie suministrará sus productos no combustibles y resistentes a la humedad y a plagas a Green Brick Partners, el tercer mayor constructor de viviendas en el área de Dallas-Fort Worth. La colaboración fortalece su relación existente, combinando el enfoque estratégico de Green Brick en mercados de rápido crecimiento con las soluciones constructivas innovadoras de Hardie.
James Hardie Building Products Inc. (NYSE: JHX)가 Green Brick Partners (NYSE: GRBK)와의 독점 파트너십을 2028년까지 갱신했습니다. 3년 계약에 따라 Hardie®의 사이딩 및 트림 제품이 텍사스, 조지아, 플로리다에서 Green Brick Partners의 신규 개발 프로젝트에 대한 독점 선택 품목으로 지정됩니다.
북미 1위 사이딩 브랜드인 James Hardie는 방화성, 습기 및 해충에 강한 제품을 달라스-포트워스 지역의 세 번째로 큰 주택건설사인 Green Brick Partners에 공급합니다. 이번 협력은 기존 관계를 바탕으로 빠르게 성장하는 시장에서의 Green Brick의 전략적 주택 건설 접근법과 Hardie의 혁신적 건축 솔루션을 결합합니다.
James Hardie Building Products Inc. (NYSE: JHX) a renouvelé son partenariat exclusif avec Green Brick Partners (NYSE: GRBK) jusqu’en 2028. L’accord de trois ans fait des produits de revêtement et de finition Hardie® le choix exclusif pour les nouveaux programmes de Green Brick Partners au Texas, en Géorgie et en Floride.
En tant que marque de revêtements n°1 en Amérique du Nord, James Hardie fournira ses produits incombustibles et résistants à l’humidité et aux nuisibles à Green Brick Partners, le troisième constructeur résidentiel de la région de Dallas-Fort Worth. Cette collaboration renforce leur relation existante, en alliant l’approche stratégique de Green Brick dans des marchés à forte croissance aux solutions constructives innovantes de Hardie.
James Hardie Building Products Inc. (NYSE: JHX) hat seine exklusive Partnerschaft mit Green Brick Partners (NYSE: GRBK) bis 2028 erneuert. Die dreijährige Vereinbarung legt fest, dass Hardie® Fassaden- und Zierleistenprodukte die exklusive Wahl für die Neubauprojekte von Green Brick Partners in Texas, Georgia und Florida sind.
Als Marke Nr. 1 für Fassaden in Nordamerika wird James Hardie seine nicht brennbaren, feuchtigkeits- und schädlingsresistenten Produkte an Green Brick Partners liefern, den drittgrößten Wohnungsbauer im Großraum Dallas-Fort Worth. Die Zusammenarbeit baut auf der bestehenden Beziehung auf und verbindet Green Bricks strategischen Ansatz beim Hausbau in schnell wachsenden Märkten mit Hardies innovativen Baulösungen.
- Exclusive three-year agreement secures steady revenue stream through 2028
- Partnership with third largest homebuilder in Dallas-Fort Worth expands market presence
- Strengthens position in high-growth markets across Texas, Georgia, and Florida
- Heavy dependence on single customer relationship increases concentration risk
- Success tied to Green Brick Partners' performance in volatile housing market
Insights
JHX secures steady revenue stream through exclusive three-year agreement with Green Brick Partners, strengthening market position in growing regions.
James Hardie's renewed exclusive agreement with Green Brick Partners represents a significant win for the company's North American business. This three-year deal secures JHX as the sole provider of siding and trim products for all Green Brick developments through 2028, guaranteeing a stable revenue stream in the competitive building materials sector.
The strategic value of this partnership lies in Green Brick's market positioning. As the third largest homebuilder in Dallas-Fort Worth with operations across Texas, Georgia, and Florida, Green Brick operates in some of America's fastest-growing housing markets. These regions have shown resilience even during broader market fluctuations, providing James Hardie with consistent demand regardless of national housing trends.
What makes this particularly valuable is the exclusivity component. In the highly competitive siding market, locking in a major builder prevents competitors from gaining access to these developments. The agreement provides James Hardie with guaranteed placement in all Green Brick homes, eliminating the need to repeatedly compete for specifications on a project-by-project basis.
The renewal also validates James Hardie's product quality and service capabilities. Green Brick's willingness to commit to another three years suggests satisfaction with previous performance and alignment on price points. For investors, this partnership demonstrates JHX's ability to maintain strong relationships with major customers and secure predictable revenue streams – critical factors for stability in the cyclical building products industry.
Agreement extends collaboration through 2028, delivering homes with industry-leading siding and trim products
Known for their unique, strategic approach to homebuilding, Green Brick Partners has built high quality neighborhoods in some of the
"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."
Hardie® siding and trim products are celebrated for their exceptional performance in diverse environmental conditions. Noncombustible* and resistant to moisture and pests, Hardie® products are engineered to withstand extreme weather while offering unparalleled aesthetics with a range of colors and styles. As the #1 brand of siding in
Sean Gadd, President of James Hardie North America emphasized the importance of the agreement, saying, "We're pleased to build on our long-standing relationship with Green Brick Partners. Our continued work together highlights the shared emphasis we place on quality, innovation, and delivering homes that stand the test of time."
With Green Brick Partners' focus on creating distinctive housing developments through its subsidiaries and James Hardie's commitment to innovation, this exclusive agreement ensures that every home built as part of Green Brick's developments will feature the proven strength, durability, and design flexibility that Hardie® siding and trim products are known for.
For more information on Hardie® products, visit www.jameshardie.com.
*Hardie® fiber cement products are noncombustible and/or have a Class A fire rating when tested in accordance with ASTM E84. Fiber cement fire resistance does not extend to applied paints or coatings, which may be damaged or char when exposed to flames. The use of noncombustible siding, combined with other fire mitigation measures, may help harden a home against external fire.
**Based on Freedonia 2022 Global Siding (Cladding) demand estimates and James Hardie sales in
James Hardie Building Products Inc.
James Hardie is the industry leader in exterior home and outdoor living solutions, with a portfolio that includes fiber cement, fiber gypsum, composite and PVC decking and railing products. Our family of trusted brands includes Hardie®, TimberTech®, AZEK® Exteriors, Versatex®, fermacell®, and StruXure®.
With over 8,000 employees globally and our
For more information, visit www.jameshardie.com.
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Media Contact:
James Hardie
jameshardieuspr@webershandwick.com
Investor Contact:
Joe Ahlersmeyer, CFA
Vice President, Investor Relations
investors@jameshardie.com
About Green Brick Partners, Inc.
Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in
Green Brick Partners Contact:
Investor Relations
(469) 573-6755
IR@greenbrickpartners.com
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SOURCE James Hardie Building Products Inc.
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