James Hardie Building Products Announces Exclusive Product Deal With Meritage Homes; Will Make Hardie Siding And Trim Products Standard On Every New Meritage Home Where Hard Siding Is Installed Across The U.S. Through 2027
Portfolio Pulse from Benzinga Newsdesk
James Hardie Building Products Inc. has announced an exclusive multi-year agreement with Meritage Homes, making Hardie siding and trim products standard on every new Meritage home where hard siding is installed across the U.S. through 2027.
August 06, 2024 | 12:06 pm
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James Hardie Building Products Inc. has secured an exclusive multi-year agreement with Meritage Homes, making its siding and trim products standard on all new Meritage homes through 2027.
The exclusive agreement with Meritage Homes, a major homebuilder, is likely to boost James Hardie's sales and market presence, positively impacting its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Meritage Homes has entered into an exclusive multi-year agreement with James Hardie Building Products Inc., making Hardie siding and trim products standard on all new Meritage homes through 2027.
The partnership with James Hardie ensures a consistent supply of high-quality siding and trim products, which could enhance Meritage Homes' product offerings and appeal to homebuyers, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100