Home » Builders FirstSource Sales Fall 29% in 2007
Builders FirstSource Sales Fall 29% in 2007
February 21, 2008
Builders FirstSource, Inc., Dallas, TX, supplier and manufacturer of structural and related building products for residential new construction, reported sales in 2007 were $1.59 billion, down 28.9%, due to a 24.6% sales volume decline and a 2.7 percent fall in commodity prices.
The company has decreased general and administrative expenses by 14.6%, and headcount by 36% since March 2006, when the housing correction began, according to Builders FirstSource.