James Hardie Building Products Inc. Announces Expanded Product Deal with Davidson Homes
Rhea-AI Summary
James Hardie Building Products Inc. (NYSE: JHX), North America's leading fiber cement siding manufacturer, has secured a three-year exclusive agreement with Davidson Homes to supply Hardie® siding and trim products. The deal covers Davidson Homes' new housing developments across Alabama, Arizona, Georgia, Tennessee and Texas through 2028.
Davidson Homes, ranked No. 46 on Builder magazine's 2025 Builder 100 list, reported 1,558 closings and $605 million in revenue in 2024. The partnership will make Hardie® products the standard for Davidson Homes' new constructions, offering homeowners access to non-combustible, pest-resistant, and weather-resistant siding solutions with various design options.
Positive
- Exclusive three-year agreement secures steady revenue stream from Davidson Homes' developments across five states
- Partnership with a fast-growing builder (ranked 46th nationally) that generated $605 million in revenue in 2024
- Expands market presence in the Southwest through Davidson's recent Arizona expansion
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, JHX declined 0.81%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- The #1 brand of siding in
As the #1 brand of siding in
"Our partnership with James Hardie reflects our dedication to providing superior homebuilding solutions and ensures our buyers have access to the best design and product options available and the reliability they expect from Davidson Homes," said Scott Paige, Senior Vice President of Davidson Homes.
Homeowners of Davidson Homes properties will benefit from the trusted protection and versatile design possibilities of Hardie® products, enabling them to realize their dream homes. Hardie® siding products are non-combustible**, do not appeal to pests, and resist damage from water and extreme weather. The wide range of colors and styles provides expansive design options, catering to tastes ranging from traditional to ultra-modern.
"This agreement with Davidson Homes signifies our ongoing pursuit of innovation and excellence in home exterior solutions, expanding our reach to new communities and enhancing homeowners' living experiences," said Sean Gadd, President of James Hardie North America.
The alliance between James Hardie and Davidson Homes is poised to elevate the standard of homebuilding by delivering unparalleled quality to buyers, regardless of their budget. The relationship seeks to harness the expertise and innovative capabilities of both industry leaders to craft homes that combine visual elegance with enduring durability.
For more information about James Hardie Building Products Inc., visit www.jameshardie.com.
* Based on Freedonia 2022 Global Siding (Cladding) demand estimates and James Hardie sales in
**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.
James Hardie Building Products Inc.
James Hardie truly represents What The Best Are Made Of™. As the #1 brand of siding in
For more information and media resources, visit JamesHardie.com and JamesHardie.com/about-us/media-resources. For investor information, please visit ir.jameshardie.com.au.
Connect with James Hardie on social media:
LinkedIn
Instagram
Facebook
X [formerly Twitter]
Media Contact:
James Hardie
jameshardieuspr@webershandwick.com
Investor Contact:
Joe Ahlersmeyer, CFA
Vice President, Investor Relations
investors@jameshardie.com
About Davidson Homes
Founded in 2009 and headquartered in
Davidson Homes specializes in delivering high-quality, thoughtfully designed homes that cater to a variety of lifestyles. The company is committed to providing exceptional value and a seamless homebuying experience. In recognition of its rapid growth, Davidson Homes ranked No. 46 on Builder magazine's 2025 Builder 100 list, with 1,558 closings and
For more information, visit www.davidsonhomes.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/james-hardie-building-products-inc-announces-expanded-product-deal-with-davidson-homes-302455142.html
SOURCE James Hardie Building Products Inc.